The Financial Industry Regulatory Authority has notified member firms of amendments that have been made to its arbitrator list selection process, ThinkAdvisor reports. In Regulatory Notice 24-03, FINRA said it was making the changes in response to a report from...
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FINRA Compliance
FINRA provides guidance on off-channel communications in regulatory report
The issue of off-channel communications was among the areas of concern addressed in the Financial Industry Regulatory Authority's 2024 Annual Regulatory Oversight Report, according to Bloomberg Law. The regulatory report provides member firms with insights and...
FINRA remote inspections program set to take effect under new rules
The Financial Industry Regulatory Authority has issued a notice to member firms to update them on the new rules for its remote inspection program, ThinkAdvisor reports. The plan, allowing broker-dealers to inspect their branch offices remotely rather than in-person...
FINRA alerts investors to social media ‘Investment Group’ imposter scams
An increase in scams linked to fraudulent “investment groups” promoted through social media channels has drawn the concern of the Financial Industry Regulatory Authority, ThinkAdvisor reports. In an investor alert, FINRA said it has seen a significant spike in...
FINRA cautions investors that low-priced stocks can carry high risk
The Financial Industry Regulatory Authority is cautioning investors that while low-priced securities may carry the potential for profit, they also have some significant risks. In its Investor Insights column, FINRA provided details about what to watch for when...