FINRA Fines Three Firms and Bars Former Principal
- FINRA's top 5 fine categories in potentially record-setting year. // Retirement Advisor;Nov2016, Vol. 17 Issue 11, p11
The article reports on the increase in fines collected by the U.S. Financial Industry Regulatory Authority (FINRA) during the first half of 2016 and mentions FINRA's top five fine categories, including variable annuities, due diligence and ant-money laundering.
- Southwest On Hook For $500K. QUIGLEY, JOAN // Bond Buyer;3/8/2011, Vol. 375 Issue 33478, p1
The article reports on the decision of the Financial Industry Regulatory Authority (FINRA) to impose a penalty worth 500,000 dollars to Southwest Securities Inc. for the alleged violation of the Municipal Securities Rulemaking Board Rule G-38 in the U.S.
- FINRA Fines Four a Total of $62,000. Ackerman, Andrew // Bond Buyer;10/18/2010, Vol. 374 Issue 33399, p4
The article reports on the disciplinary decisions made by the Financial Industry Regulatory Authority (FINRA) in the U.S. imposing a total of 62,000 dollars in fines to several firms that committed errors in their municipal securities transactions reports.
- FINRA Cracks Down on Advisor Ads. Fest, Glen // Financial-planning.com;3/ 1/2013, p10
The article presents the efforts of the Financial Industry Regulatory Authority (FINRA) in cracking down the advisor advertisements of financial advisors and brokerages in the U.S. In February 2014, FINRA started the enforcement of its advertising guidelines. Moreover, it cites that the agency...
- A "Tougher" FINRA? Not Necessarily. Leonhardt, Megan // REP.;Apr2013, Vol. 37 Issue 4, p18
The article reports on the decision of the Financial Industry Regulatory Authority in the U.S. which raised the size of its fines against advisors by almost 15% in 2012.
- E-Mail Snafu Costs Piper Jaffray $700,000. // Information Management Journal;Sep/Oct2010, Vol. 44 Issue 5, p7
The article reports on the predicament of Piper Jaffray & Co. which failed to retain 4.3 million electronic mails (e-mails) as required by the U.S. Financial Industry and Regulatory Authority (FINRA). It states that the firm has agreed to pay a 700,000 dollar fine for its recordkeeping...
- FINRA Fines Santander $6.4M for Supervisory Failures. Welsch, Andrew; Casey, Jack // Financial-planning.com;10/13/2015, p1
Santander is the latest firm to get hit with regulatory penalties related to the sale of Puerto Rican municipal bonds and close-end funds.
- FINRA Fines Morgan Stanley $90K For Unfair and Unreasonable Trades. Ackerman, Andrew // Bond Buyer;10/19/2009, Vol. 370 Issue 33201, p5
The article reports on the issuance of the Financial Industry Regulatory Authority (FIRA ) of a penalty to financial services firm Morgan Stanley & Co. due to its unfair buying and selling of municipal bonds at unreasonable prices in the U.S. in 2003. It notes that Morgan Stanley agreed with 90,...
- FINRA Sets Precedent With Fines. Glazier, Kyle // Bond Buyer;4/16/2014, Vol. 123 Issue 34093, p1
The article reports that the Financial Industry Regulatory Authority (FINRA) has fined three firms and an individual for municipal rule violations. Gardnyr Michael Capital Inc. (GMCI) has been slapped with a total of 20,000 U.S. dollars (USD) of fines for violations of the Municipal Securities...