Every day at FINRA, we protect investors from misconduct, stop fraud and provide restitution to harmed customers. And we are successful—in part because customers and other members of the public provide information and crucial evidence during the course of an investigation.
Washington, D.C. - The Financial Industry Regulatory Authority (FINRA) announced today that it has barred broker William Joseph Boyle from the securities industry for wrongfully converting and using funds from customer accounts and for failing to cooperate with FINRA investigators.
The FINRA New Issue Form will be unavailable from 6:30 p.m. ET, Friday, September 25, 2020, until midnight ET Monday, September 28, 2020, while updates are made for the platform infrastructure conversion.
As FINRA has announced, the current FINRA New Issue Form is being retired and replaced with an updated submission platform. Beginning Monday, September 28, 2020, users will access the updated
Washington, DC - FINRA announced today that it has fined 25 broker-dealers a total of $2,145,000 for failures related to their completion of FINRA's (then NASD's) firm self-assessment of mutual fund breakpoint discount compliance.
Washington, DC - A Financial Industry Regulatory Authority (FINRA) hearing panel has fined Mutual Service Corporation (MSC) of West Palm Beach, FL, more than $1.5 million for failing to conduct timely reviews of variable annuity transactions, falsifying various books and records of the firm to make it appear that the variable annuity transactions were reviewed in a timely manner, and providing false and misleading information to FINRA during its investigation.
These comments are in regard to FINRA's Regulatory Notice 22-08 request for comments.
I am a non-professional, active investor who monitors and manages my personal portfolio every day. As such, it is important to allow active investors like myself to make their own determination of what products to use at what time to achieve their financial goals. Individual investors, not regulatory
Washington, D.C. - The Financial Industry Regulatory Authority (FINRA) announced today that it has fined SunTrust Investment Services, Inc., $700,000 for supervisory violations relating to its fee-based brokerage business and to commissions on certain low-priced stocks.
Thank you FINRA for opening the opportunity to comment on Regulatory Notice 21-19 to all investors. Theoughout Throughout last two years, I, along with many others, have enjoyed expanding my knowledge base of the stock market. The more I've learned about the stock matket, the less faith I have in the system. I can open an app on my smart phone anywhere in the world, send money through my
It is my opinion, as a new investor, that clarity of information be the most important aspect of regulation. Beyond tagging each individually purchased share, there is little to no way to keep track of shares that have been shorted, and the delivery process is convoluted. Without going into specific details, and instead focusing on the motive aspects of reporting and regulation, the want and
Extension of Current Rate for Fees Paid Under Section 31 of the Exchange Act
