2020065145802 Oakwood Capital Securities, Inc. fka Gardner Financial Services, Inc. CRD 21000 AWC ks.pdf

Between October 2019 and December 2020, Oakwood Capital Securities, while under previous management, failed to establish and maintain a supervisory system, including written supervisory procedures, reasonably designed to surveil rates of deferred variable annuity exchanges. Accordingly, Oakwood violated FINRA Rules 3110, 2330(d), and 2010. For these violations, Oakwood is censured and fined $20,000.

2024081242701 Barry L. Buchholz CRD 1583582 AWC lp.pdf

Between September and October 2023, while associated with LPL, Buchholz effected 11 unauthorized transactions totaling more than $590,000 in the accounts of four customers, the adult daughters (the Customers) of a deceased senior customer. The transactions generated more than $16,000 in commissions. By this conduct, Buchholz effected unauthorized transactions in violation of FINRA Rule 2010 and is suspended for one month, fined $7,500, and ordered to disgorge $7,480 plus interest.

Building Cybersecurity Resilience Through FINRA Forward

FINRA Forward is transforming cybersecurity defense through collaborative intelligence sharing and more. On this episode of FINRA Unscripted, discover how tabletop exercises and workshops, the Cyber and Operational Resilience program, and the forthcoming Financial Intelligence Fusion Center can help FINRA member firms prevent, prepare for and respond to evolving cyber threats.

Regulatory Notice 25-16

Summary

FINRA has amended its Codes of Arbitration Procedure (Codes) to better balance the process for generating the list of public arbitrators sent to the parties in certain customer and industry disputes that have a three-arbitrator panel. In addition, FINRA has made ministerial Code changes to codify certain current practices; establish new timeframes for certain actions; and align provisions of the Codes related to expungement of customer dispute information.

The amendments become effective January 26, 2026.

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