finra

FINRA

2012 News Releases

December 27, 2012 -   FINRA Sanctions Five Firms $4.4 Million for Using Municipal and State Bond Funds to Pay Lobbyists
December 26, 2012 -   FINRA Orders Pruco Securities to Pay $10.7 Million in Restitution for Improper Pricing of Mutual Fund Orders; Firm Fined $550,000
December 13, 2012 -   BBB and FINRA Foundation Launch Smart Investing Website to Help Stop Investment Scams
December 12, 2012 -   John Davidson Joins FINRA Board of Governors
December 06, 2012 -   SEC, FINRA Issue New Investor Alert: Year-End Investment Considerations for Individual Investors
November 28, 2012 -   FINRA and JSDA Sign Cooperation Agreement
November 28, 2012 -   FINRA Files Complaint Charging the President and Owner of Brooklyn Brokerage Firm TWS Financial for Operating Fraudulent Scheme Targeting Polish Community
November 26, 2012 -   FINRA Statement on SEC Leadership Changes
November 13, 2012 -   FINRA Increases Transparency in the TBA Market for Agency Pass-Through Mortgage-Backed Securities
November 08, 2012 -   FINRA Expels Hudson Valley Capital Management and Bars CEO for Defrauding Clearing Firm and Customers
November 06, 2012 -   AFM and FINRA Sign MoU on Financial Market Surveillance and Supervision
November 05, 2012 -   FINRA Files Cease-and-Desist Order Against WR Rice Financial Services and its Owner Joel Wilson for Fraudulent Conduct
October 22, 2012 -   FINRA Sanctions David Lerner Associates $14 Million for Unfair Practices in Sale of Apple REIT Ten and for Charging Excessive Markups on Municipal Bonds and CMOs
October 18, 2012 -   FINRA Expels EKN Financial Services for Defying SEC Order and For Numerous Compliance Violations
October 11, 2012 -   FINRA Fines Guggenheim Securities $800,000 for Failing to Supervise CDO Traders; Two Traders Sanctioned for Efforts to Hide Loss
October 01, 2012 -   FINRA Foundation Participates in Department of Justice-SEC Fraud Summits
September 27, 2012 -   FINRA Issues New Investor Alert: When Trading Stops: What You Need to Know About Halts, Suspensions and Other Interruptions
September 25, 2012 -   FINRA Joins Exchanges and the SEC in Fining Hold Brothers More Than $5.9 Million for Manipulative Trading, Anti-Money Laundering, and Other Violations
September 24, 2012 -   FINRA Fines Merrill Lynch $500,000 for Failing to File Required Reports
September 10, 2012 -   FINRA Announces New Head of Corporate Communications
September 04, 2012 -   FINRA Vice Chairman Stephen Luparello Leaving to Join WilmerHale
August 22, 2012 -   FINRA Fines Rodman & Renshaw $315,000 for Supervisory and Information Barrier Violations; Former Chief Compliance Officer and Two Research Analysts Sanctioned
August 20, 2012 -   Military Spouses Receive Fellowships to Conduct Financial Counseling
August 15, 2012 -   FINRA Expels WJB Capital Group, Inc. and Bars CEO and CFO for Misstating Financial Records and Net Capital Deficiencies
August 13, 2012 -   Firms Elect Three Industry Governors to FINRA Board of Governors
July 31, 2012 -   FINRA Expels Biremis, Corp. and Bars President and CEO Peter Beck
July 30, 2012 -   FINRA Marks Fifth Anniversary
July 26, 2012 -   ASC and FINRA Sign Cooperation Agreement
July 11, 2012 -   FINRA Statement on Consolidated Audit Trail
July 10, 2012 -   FINRA Issues New Investor Alert: Exchange-Traded Notes—Avoid Unpleasant Surprises
July 02, 2012 -   FINRA Launches Pilot Program for Large Arbitration Cases
June 21, 2012 -   FINRA Fines Merrill Lynch $2.8 Million for Overcharging Customers; $32 Million in Remediation Paid to Affected Customers
June 04, 2012 -   FINRA Hearing Panel Fines Brookstone Securities $1 Million for Fraudulent Sales of CMOs to Elderly
May 22, 2012 -   FINRA Fines Citigroup Global Markets $3.5 Million for Providing Inaccurate Performance Data Related to Subprime Securitizations
May 16, 2012 -   FINRA Enhances BrokerCheck Capabilities
May 16, 2012 -   FINRA Warns Investors of Nutraceutical Stock Scams
May 07, 2012 -   FINRA Names Robert L. D. Colby Chief Legal Officer
May 01, 2012 -   FINRA Sanctions Four Firms $9.1 Million for Sales of Leveraged and Inverse Exchange-Traded Funds
April 25, 2012 -   FINRA Statement on Introduction of Investment Adviser Oversight Act of 2012
April 25, 2012 -   FINRA Hearing Officer Expels Pinnacle Partners Financial Corp. and Bars President for Fraud
April 12, 2012 -   Goldman, Sachs & Co. Fined $22 Million for Supervisory Failures Relating to Trading and Equity Research
April 11, 2012 -   FINRA Foundation Study Finds Most Women Pay More When Using Credit Cards
April 04, 2012 -   FINRA Hearing Panel Fines David Lerner Associates $2.3 Million for Selling Municipal Bonds, CMOs to Retail Customers at Unfair Prices, and for Supervisory Violations
March 19, 2012 -   FINRA Fines Citi International Financial $600,000 and Orders Restitution of $648,000 for Excessive Markups and Markdowns
March 01, 2012 -   FINRA Foundation Military Spouse Fellowship Application Period Open From March 1-31
February 29, 2012 -   FINRA Foundation and United Way Announce Over $1.3M to Support Grassroots Financial Education
February 23, 2012 -   FINRA Issues New Investor Alert to Help Investors Understand Their Brokerage Account Statements
February 01, 2012 -   FINRA Charges Charles Schwab & Co With Violating FINRA Rules by Using Class Action Waiver in Customer Agreements
January 27, 2012 -   FINRA Foundation and NFL Player Engagement Team Up to Assist Players Avoid Investment Fraud, Make Smart Financial Decisions
January 26, 2012 -   FINRA Warns Investors of Email Hack Attacks
January 25, 2012 -   FINRA Investor Education Foundation and the American Library Association Announce $1.2 Million in Grants to Public Libraries to Support Financial Literacy
January 25, 2012 -   FINRA Fines Merrill Lynch $1 Million for Failure to Arbitrate Disputes With Employees
January 18, 2012 -   FINRA Fines Citigroup Global Markets $725,000 for Failure to Disclose Conflicts of Interest in Research Reports
January 12, 2012 -   Large Firms Elect Gregory Fleming to FINRA Board of Governors