The Uniform Forms U4 and U5 are used by broker-dealers to register, and terminate the registrations of, associated persons with self-regulatory organizations (SROs) and the jurisdictions. Forms BD and BDW are joint forms used by the Securities and Exchange Commission (SEC), SROs, and the jurisdictions. The forms are used, respectively, to register and to terminate the registrations of broker-dealers.
WASHINGTON - The Financial Industry Regulatory Authority (FINRA) today announced it has sanctioned two firms and seven individuals for selling interests in private placements without conducting a reasonable investigation.
WASHNGTON - A Financial Industry Regulatory Authority (FINRA) hearing panel has expelled AIS Financial, Inc., a broker-dealer based in Westlake Village, CA, for failing to implement and enforce an anti-money laundering (AML) program.
WASHINGTON - The Financial Industry Regulatory Authority (FINRA) Investor Education Foundation today released Take Control of Your Financial Future: Tips to Think About at Tax Time and Beyond
WASHINGTON - The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Southwest Securities, Inc., of Dallas, $650,000 for deficiencies in due diligence, risk assessment and written supervisory procedures that permitted one of its correspondent firms, Cutler Securities, to create risk for Southwest through improper short sales.
WASHINGTON - The Financial Industry Regulatory Authority (FINRA) announced today that it has expelled MICG Investment Management, LLC (MICG) of Newport News, VA, and barred Jeffrey A. Martinovich, the firm's CEO and majority owner, for securities fraud, misusing investors' funds and causing false account statements to be issued to investors in connection with their management of a proprietary hedge fund named MICG Venture Strategies, LLC (Venture Strategies).
WASHINGTON - The Financial Industry Regulatory Authority (FINRA) Investor Education Foundation and United Way Worldwide (UWW) have announced over $1.8 million in grants to 15 recipients as part of the Financial Education in Your Community initiative.
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Southwest Securities, Inc. of Dallas $500,000 for using paid consultants to solicit municipal securities business and for violations of other Municipal Securities Rulemaking Board (MSRB) rules.
WASHINGTON - The FINRA Investor Education Foundation announced today that it is giving active duty servicemembers and their spouses access to their FICO® Scores and the educational information and tools in the FICO® Standard service from myFICO.com.
WASHINGTON - The FINRA Investor Education Foundation has opened the application process for its 2011 Military Spouse Fellowship Program. Now in its sixth year, the program provides fellowship recipients with the education needed to earn the Accredited Financial Counselor® (AFC®) designation. Military spouses are now eligible to apply to the new class of fellows.
