Now in its eighth year, the FINRA Investor Education Foundation’s Military Spouse Fellowship Program has opened the application process for its class of 2013 military spouses. The FINRA Foundation Spouse Fellowship Program provides military spouse recipients with the education and training needed to earn the Accredited Financial Counselor® (AFC®) designation. Military spouses can apply to become a member of the 2013 class of fellows until March 31, 2013.
News Releases & Statements
FINRA Investor Education Foundation and United Way Worldwide Announce More Than $1 Million in Grants to Support Grassroots Financial Education Projects
WASHINGTON – The Financial Industry Regulatory Authority (FINRA) announced today that Steven J. Randich, currently Citigroup’s Co-Chief Information Officer (CIO), will join the organization as Executive Vice President and CIO. Randich will oversee technology at FINRA, as well as FINRA’s Registration and Disclosure division. Randich will start at FINRA on March 11.
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) announced today that a FINRA hearing panel has dismissed two of three causes in a February 2012 complaint against Charles Schwab & Company.
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) announced today that it has fined five affiliates of ING $1.2 million for failing to retain or review millions of emails for periods ranging from two months to more than six years. The five firms, indirect subsidiaries of ING Groep N.V., are Directed Services, LLC; ING America Equities, Inc.; ING Financial Advisers, LLC; ING Financial Partners, Inc.; and ING Investment Advisors, LLC.
FINRA Issues New Investor Alert: Duration—What an Interest Rate Hike Could Do to Your Bond Portfolio
WASHINGTON—The Financial Industry Regulatory Authority (FINRA) issued a new Investor Alert called Duration—What an Interest Rate Hike Could Do to Your Bond Portfolio. FINRA is issuing this Alert to help investors understand the importance of duration risk. Although stated in years, duration is not simply a measure of time. The duration of a bond or a bond fund also signals how much the price of a bond investment is likely to fluctuate when interest rates move up or down.
WASHINGTON—The Financial Industry Regulatory Authority (FINRA) Investor Education Foundation and the American Library Association (ALA) have announced $1.12 million in grants to 14 recipients as part of the Smart investing@your library® initiative.
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) announced today that it has filed for a Temporary Cease-and-Desist Order (TCDO) against Herkimer, NY-based Westor Capital Group, Inc. and its President, Chief Compliance Officer and Financial and Operations Principal, Richard Hans Bach
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) announced today the launch of a pilot program offering parties in simplified cases pro bono or reduced-fee telephone mediation. Participation in the pilot program, which began on January 15, is voluntary and open to cases involving claims of $50,000 or less.
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) Investor Education Foundation today released Five Tips to Keep Your Finances From Going Off a Cliff. While the new year is beginning with improving economic conditions, the financial situation of many Americans remains fragile. The FINRA Foundation's five tips can help consumers and investors keep their finances on solid ground.