The head of enforcement for the Financial Industry Regulatory Authority discussed his key objectives aimed at protecting investors in a recent blog post, AdvisorHub reports. Bill St. Louis, Executive Vice President and Head of FINRA Enforcement, emphasized that FINRA...
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FINRA Compliance
FINRA penalizes Florida broker-dealer and CEO over texting violations
A Florida broker-dealer and its chief executive officer were penalized by the Financial Industry Regulatory Authority over messaging violations, ThinkAdvisor reports. FINRA released a letter of acceptance, waiver and consent in the case of Dawson James Securities,...
FINRA issues cybersecurity alert regarding phishing campaign
The Financial Industry Regulatory Authority has issued a cybersecurity alert to member firms to make them aware of an ongoing phishing campaign. FINRA said the campaign involves fraudulent emails purporting to be from FINRA executives and using the e-mail addresses...
Head of FINRA insider trading team describes surveillance efforts
FINRA’s Insider Trading Detection Program continues to play a vital role in assisting law enforcement and regulatory investigations, according to a blog post on the authority's website. It was written by Karen Braine, Vice President, Surveillance and Market...
Review finds FINRA has yet to designate ‘restricted firms’ on BrokerCheck
The Financial Industry Regulatory Authority has yet to take action on designating "restricted firms" under a rule designed to protect investors from high-risk brokers, AdvisorHub reports. FINRA approved Rule 4111 to publicly categorize restricted firms as those...