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...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
FINRA Compliance
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...
FINRA report examines investors of color entering the market
A new report focusing on the behavior and attitudes of investors of color in the United States has been released by the FINRA Investor Education Foundation. The primary finding was that these investors are entering the market at a faster pace than white investors and...