linkedFA Unveils Compliance Update for Brokerage Firms
linkedFA, a social networking site for financial professionals, said it now offers a feature to satisfy compliance concerns of brokerage and wirehouse firms.
Tag: FINRA
FINRA Proposes More BrokerCheck Expansions
The Financial Industry Regulatory Authority (FINRA) said it wants to make available more public complaints and other information through the BrokerCheck service.
Broker Held Accountable for Sister's Investment Losses
A woman who sued her stockbroker brother won $608,000 under the decision a Financial Industry Regulatory Authority (FINRA) arbitration panel.
Vermont City Files FINRA Complaint against Morgan Stanley
The city of Burlington, Vermont, has filed a regulatory complaint against Morgan Stanley alleging that the firm’s consultants sold the city pension fund investments that caused it to...
Advisers Say How Fiduciary Standard Could Change Business
If implemented, financial advisers said a fiduciary standard would put an increased focus on financial planning and fee-based advisory services, according to an industry report.
FINRA Issues Guidance about Social Networking
Broker/dealers and their reps confused about regulations regarding social networking might now have some answers.
Social Networking Site for Advisers Says It’s FINRA-Compliant
The new social networking site linkedFA said it is the “first and only FINRA-compliant social networking site for financial professionals.”
Going Green Can be Investment Scam, FINRA Warns
The Financial Industry Regulatory Authority (FINRA) is telling investors to watch out for green energy investment scams.
House Passes Sweeping Financial Reform
U.S. House lawmakers today approved an extensive financial reform measure—but the provision to give the Financial Industry Regulatory Authority (FINRA) more purview over advisers didn’t go through.
Financial Firms Ramp up Web Message to Advisers
Asset managers are using more creative methods such as social networking to reach financial advisers, according to Cerulli Associates.
FINRA Fines MetLife $1.2M for Failing to Supervise Brokers’ E-mail
The Financial Industry Regulatory Authority (FINRA) said that supervisory failures at MetLife Securities allowed two brokers to engage in undisclosed outside business activities that cost clients millions of...
FINRA Gets OK to Expand BrokerCheck
The Financial Industry Regulatory Authority (FINRA) will make records of final regulatory actions against brokers permanently available to the public through the BrokerCheck service.
FINRA Forms Social Networking Task Force
Rick Ketchum, chairman and CEO of the Financial Industry Regulatory Authority (FINRA), said the agency has formed a task force to examine how regulation can welcome new forms...
Target Date Funds a “Particular Focus” For SEC
The Securities and Exchange Commission (SEC) is taking a hard look at retirement products, including the positioning of target-date funds.
SEC Charges Promoter, Brokers in ‘Free Lunch’ Scam
We all know that there’s no such thing as a free lunch – a lesson that a group of older investors is now learning the hard...
FINRA Settles ARS Violations with Three More Firms
Northwestern Mutual Investment Services, LLC, City Securities Corporation, and Fifth Third Securities, Inc., are the latest firms to settle charges with FINRA over the sale of auction-rate securities...
FINRA Puts New Restrictions on Leveraged ETFs
The Financial Industry Regulatory Authority (FINRA) will implement increased margin requirements for leveraged exchange-traded funds (ETFs).
FINRA Bars Brokers in Multimillion-Dollar Ponzi Schemes
The latest Ponzi schemes keep with the theme of brokers allegedly bilking from the elderly, including those close to them.
FINRA, SEC Rules for Social Networking
Many financial advisers and brokers might be confused about what regulators have to say about using social networking.