Washington, DC - The Financial Industry Regulatory Authority (FINRA) today issued guidance to securities firms and brokers regarding the use of social networking Web sites such as Facebook, Twitter, LinkedIn and blogs to communicate with the public.
News Releases & Statements
Washington, D.C. - The Financial Industry Regulatory Authority (FINRA) Investor Education Foundation today released Seeking Solid Financial Footing for the Next Decade: 10 Tips for 2010, [insert link] which provides practical advice to help people regain their financial footing.
Washington, D.C.-The Financial Industry Regulatory Authority (FINRA) Investor Education Foundation and the American Library Association (ALA) have announced $1,522,122 in grants to 19 recipients as a part of the Smart investing@your library® initiative to provide millions of library patrons with effective, unbiased financial education resources.
Washington, D.C. - The Financial Industry Regulatory Authority (FINRA) issued an Investor Alert today warning investors to be wary of green energy investments that promise large gains from investing in companies purportedly involved in developing or producing alternative, renewable or waste energy products.
Washington, DC - The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Pacific Cornerstone Capital, Inc. of Irvine, CA, and its former chief executive officer, Terry Roussel, a total of $750,000 for failing to include full and accurate information in private placement offering documents and marketing material.
Washington, D.C. - The FINRA Investor Education Foundation today released survey results that measure the financial capabilities of American adults and reveal in detail how Americans save, borrow and plan for their financial future.
Washington, D.C. - The Financial Industry Regulatory Authority (FINRA) announced today that it has expelled Meeting Street Brokerage, LLC of Palm City, FL from the securities industry for market manipulation of Relay Capital Corporation stock - as well as for violations of Regulation T, Anti-Money Laundering (AML) rules, instant message retention requirements, registration requirements and net capital requirements.
Washington, DC - The Financial Industry Regulatory Authority (FINRA) today announced that it has fined Terra Nova Financial, LLC, of Chicago, $400,000 for making more than $1 million in improper soft dollar payments to or on behalf of five hedge fund managers, without following its own policies to ensure the payments were proper.
Washington, D.C. - The Financial Industry Regulatory Authority (FINRA) announced today that it has fined MetLife Securities, Inc., and three of its affiliates a total of $1.2 million for failing to establish an adequate supervisory system for the review of brokers' email correspondence with the public.
Washington, DC - The Financial Industry Regulatory Authority (FINRA) has won approval from the Securities and Exchange Commission (SEC) for a major expansion of its BrokerCheck service