News Releases & Statements

FINRA has fined First Trust Portfolios L.P. $10 million for providing excessive non-cash compensation in connection with the distribution of First Trust investment company securities and related misconduct.

Fellowship Program Provides Military Spouses with Best-in-Class Financial Counseling Training and Enriching Career Opportunities

Half of Investors Do Not Recognize Warning Signs of Fraud; Findings Released in Light of World Investor WeekWASHINGTON—In light of World Investor Week (Oct. 6-12), the FINRA Investor Education Foundation (FINRA Foundation) released today first-look findings from its forthcoming report, “Investors in the United States: A Report of the National Financial Capability Study,” which will be published in December. The report provides an in-depth exploration of the attitudes, behaviors, knowledge and experiences of retail investors in the United States.

FINRA’s Board of Governors met September 17-18. The Board announced the approval of four rule proposals, approved proposed amendments to FINRA’s pattern day trading rules, and received updates on the FINRA Forward initiative, the Consolidated Audit Trail and FINRA’s cybersecurity program.

FINRA announced today the launch of its new Crypto and Blockchain Education Program, which is designed to provide FINRA member firms and their employees with educational resources focused on crypto assets and blockchain technology.

FINRA announced today the results of its election of two new members to its Board of Governors during the annual meeting of FINRA member firms on Monday. The elected Governors include: Large Firm Governor — J. Bradford Eichler, Chief Operating Officer, Stephens Inc.; Small Firm Governor — Erin Baskett, Chief Executive Officer, Sine Qua Non Capital LLC

Findings Reveal Decline in U.S. Adults’ Ability to Make Ends Meet and Save for Emergencies, More Households Strained by Increased Costs, and the Struggle of the Middle-Income Group

FINRA published the 2025 Industry Snapshot, the annual statistical report on registered representatives, brokerage firms and market activity that FINRA oversees.

WASHINGTON— The Securities and Exchange Commission (SEC), the Municipal Securities Rulemaking Board (MSRB) and FINRA today announced that registration is now open for the 2025 Joint Compliance Outreach Program, a two-day event to discuss compliance and regulatory matters directly with municipal market professionals. The program will be held virtually via Zoom on November 18 and 19.

WASHINGTON—FINRA’s Board of Governors met June 4-5. The Board approved two rule proposals, approved the appointments of new Advisory Committee members, met with Securities and Exchange Commission (SEC) Commissioner Mark Uyeda, and received updates on FINRA’s long-term financial planning and FINRA’s enterprise risk management and cybersecurity program.