SEC Approves Rule Change to Modify the Dissemination Protocols for Agency Debt Securities
On October 16, 2018, FINRA announced the Small Firm Advisory Committee (SFAC) election for North and West Regions. Eligible small firms in the North and West Regions were mailed a copy of the Notice and a ballot to vote in this election. Ballots must be returned no later than November 15, 2018, and the newly elected SFAC member will take office in January 2019.
Candidates
Firms may vote for one
Notice of SFAC Election and Ballots
FINRA has taken disciplinary actions against the following firms and individuals for violations of FINRA rules; federal securities laws, rules and regulations; and the rules of the Municipal Securities Rulemaking Board (MSRB).
2018 FINRA Regional Committee Election
Chip Jones, FINRA’s Senior Vice President of Member Relations and Education, talks with Bari Havlik, FINRA’s Executive Vice President of Member Supervision, about the recent decision to consolidate FINRA’s examination and risk monitoring programs. The discussion includes an overview of how FINRA plans to integrate three separate programs into a single, unified program to drive more effective oversight, reduce duplication and create a single point of accountability for the examination of firms. (6 min. 42 sec.)
Notice of FINRA Regional Committee Elections and Ballots
Notice of Election and Ballots for FINRA Small Firm NAC Member Seat
Beginning Thursday, November 1, 2018, FINRA will discontinue processing the FINRA-Bloomberg Active U.S. Corporate Bond Indices.
WASHINGTON – FINRA announced today that it has fined LPL Financial, LLC $2.75 million for complaint-reporting and AML program failures that spanned a period of more than three years.
FINRA found that LPL failed to file or amend registered representatives’ Forms U4 or U5 to disclose dozens of reportable customer complaints. LPL too narrowly interpreted the requirement that a complaint contain
