From at least July 2022 through December 2023, Tradier Brokerage failed to report to FINRA accurate statistical and summary information regarding written customer complaints. During this period, the firm’s supervisory system, including written procedures, was not reasonably designed to achieve compliance with FINRA Rule 4530(d). Therefore, the firm violated FINRA Rules 4530, 3110 and 2010, and is censured and fined $75,000...

From March 2020 to April 2023, Altruist failed to reasonably supervise its fully paid securities lending business. Altruist participated in a fully paid securities lending program offered by its clearing firm in which over 30,000 of its customers were enrolled. However, Altruist had no system to supervise that business, including, for example, the customer enrollment process.