FINRA News
- FINRA Appoints Michael Solomon Senior Vice President of Examinations
WASHINGTON—FINRA announced today that it has appointed Michael Solomon as Senior Vice President of Examinations. Solomon will assume this role on June 6 and report to Greg Ruppert, Executive Vice Pres … - FINRA Publishes Independent Counsel’s Report on Arbitrator Selection Process
Report Finds No Evidence of Improper Agreement to Remove Arbitrators From Cases; FINRA to Implement Recommendations to Provide Greater Transparency WASHINGTON – FINRA today published the report of ind … - FINRA Orders National Securities Corp. to Pay $9 Million for Attempting to Artificially Influence the Aftermarket in 10 Offerings, and Other Violations
NSC Ordered to Pay Over $625,000 in Restitution to Customers Who Bought GPB Capital Private Placements After NSC Failed to Inform Them of Material Information WASHINGTON—FINRA announced today that it … - National Study by FINRA Foundation Finds U.S. Adults’ Financial Capability Has Generally Grown Despite Pandemic Disruption
WASHINGTON – On many measures of financial capability, U.S. adults generally fared better in 2021 than in the decade leading up to the pandemic, according to the FINRA Investor Education Foundation’s … - FINRA Bars Two Individuals for Cheating on Online Qualification Exams
Regulator’s First Enforcement Actions for Online Cheating WASHINGTON — FINRA announced today that it has barred Brandon Autiero of New Jersey and Harris Kausar of New York from the securities industry … - AARP, FINRA Foundation Team Up to Address Victim Blaming in Financial Fraud
New paper is a catalyst for a cultural shift to end the practice of blaming fraud victims for the crimes they experienced WASHINGTON — A new report from the AARP Fraud Watch Network and FINRA Investor … - FINRA Board of Governors Elects Eric Noll as Chair
Linde Murphy Re-Elected as Small-Firm Governor Moira Kilcoyne and Fabiola Arredondo Appointed as New Public Governors Camille Busette and Ethiopis Tafara Re-Appointed as Public Governors WASHINGTON – … - FINRA Promotes Nathaniel Stankard to Executive Vice President and Chief of Staff to the CEO for Regulatory Operations
WASHINGTON—FINRA announced today that it has promoted Nathaniel Stankard to Executive Vice President and Chief of Staff to the CEO for Regulatory Operations, effective immediately. In this new role, S … - FINRA Orders Joseph Stone Capital and Several Representatives to Pay $1 Million in Restitution for Excessive Trading in Customer Accounts
Three Supervisors Suspended for Failing to Respond to Red Flags Eight Representatives Suspended for Excessive Trading WASHINGTON—FINRA announced today that it has ordered Joseph Stone Capital LLC to p … - FINRA Fines BofA Securities, Inc. $5 Million for Large Options Position Reporting Failures
Firm Failed to Report Over-the-Counter Options Positions in More Than 7.4 Million Instances WASHINGTON—FINRA announced today that it has fined BofA Securities Inc. (BofAS) $5 million for failing to re …