SR-FINRA-2025-007
Filed for Immediate Effectiveness
Rule change to modify the implementation schedule of amendments adopted in SR-FINRA-2024-019 with respect to fees for filing documents pursuant to the securities offering rules under Section 7 of Schedule A to the FINRA By-Laws.
2021071543601 DriveWealth, LLC CRD 165429 AWC gg (2025-1751847601688).pdf
From June 2020 through October 2022, DriveWealth did not take timely action on 1,206
customer requests to transfer securities positions and money balances to another
broker-dealer. As a result, DriveWealth violated FINRA Rules 11870(a) and 2010. For
these violations, DriveWealth is censured and fined $100,000.
24-00260(4).pdf
order to confirm
24-00260(5).pdf
other
24-00260(3).pdf
motion to vacate