As state regulators, Finra and lawmakers place an increasing emphasis on stopping the financial exploitation of the elderly, financial advisers are calling for better coordination and communication to tackle the problem. Over the last several years, the Financial Industry Regulatory ...

Finra is about to launch an initiative that could lead to tougher rules governing the sales of complicated investments that are pitched as a way to increase returns but can be beyond the understanding of an ordinary investor. “We’ve been ...

Nudges from trading apps that encourage investors to buy stocks could amount to investment advice and subject the online platforms to the Securities and Exchange Commission’s broker advice standard, regulators said Sunday. SEC Commissioner Allison Herren Lee said Regulation Best ...

In a case brought by the Securities and Exchange Commission, a jury in a federal court in Tampa, Florida, returned a unanimous verdict finding broker-dealer Spartan Securities Group, transfer agent Island Capital Management and two principals of those firms, Carl ...

As the financial advice industry makes efforts to increase the diversity of its workforce, Finra’s registration form for individuals who are applying to be licensed as registered representatives has been cited as a barrier to achieving that goal. This spring, ...

Finra Chief Executive Robert W.  Cook said Thursday he wants the broker-dealer regulator to allow brokerages to supervise personnel remotely into next year. During the coronavirus pandemic, the Financial Industry Regulatory Authority Inc. implemented temporary rules that relieved member firms ...

Robinhood Financial has agreed to pay a total of $70 million in fines and restitution to settle allegations that the online brokerage brought significant harm to millions of customers as a result of false or misleading information, system outages and ...

Cetera Advisor Networks will pay a $125,000 fine and accept a censure from the Financial Industry Regulatory Authority Inc. in connection with customer privacy breaches. In a letter of acceptance, waiver and consent, Finra said that between October 2019 and ...