Skip to main content

On The Front Lines of Protecting Investors

FINRA’s priorities are clear: getting bad brokers out of the industry, returning money to harmed investors, and preventing and deterring future misconduct. We stand ready on the front lines of investor protection to act quickly, root out potential fraud, and aggressively stop those who take advantage of vulnerable investors.
On The Front Lines of Protecting Investors

To carry out our mission, FINRA monitors and examines for member firm compliance with FINRA rules, MSRB rules, and federal securities laws and rules, and works to detect and address possible fraud or other misconduct. We investigate possible misconduct and bring disciplinary actions for violations of industry rules and regulations. We coordinate closely with the SEC and other federal and state regulators.

We register and administer qualification examinations to securities industry personnel who conduct business with the investing public, and require them to achieve and maintain certification as members of FINRA. We operate a fair and efficient dispute resolution forum for investors, brokerage firms and their registered employees.

We provide BrokerCheck®, a free online tool that allows the investing public to research the background and experience of financial brokers, advisers and firms.  We offer investors financial tools and resources through the FINRA Investor Education Foundation®.

Protecting investors—this is our core mission.

Node: field_core_official_dt (year)
News Release
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 independent counsel Lowenstein Sandler LLP, which found no evidence of an improper agreement to remove certain arbitrators from arbitration cases.
Media Center
We are marking the second anniversary of the implementation of Regulation Best Interest and Form CRS with a deep dive into everything FINRA has learned on the topic over the last two years. On this episode, we hear how FINRA is examining around the new regulations and explore some of the common problem areas and effective practices.
News Release
WASHINGTON— FINRA announced today that it has ordered Merrill Lynch, Pierce, Fenner & Smith, Inc. to pay more than $15.2 million in restitution and interest to thousands of customers who purchased Class C mutual fund shares when Class A shares were available at substantially lower costs.
News Release
WASHINGTON—FINRA announced today that it has fined two FINRA-registered funding portals a combined $1.75 million for failing to comply with securities laws and rules designed to protect crowdfunding investors.
Media Center
Every year, millions of seniors become victims of financial exploitation, resulting in billions of dollars in losses. That’s why FINRA worked to update Rule 4512 and implement Rule 2165 to help broker-dealer firms and their representatives protect their senior and other vulnerable adult customers. On this episode, we learn more.
Blog Post
Testing the Effectiveness of Financial Education Across 76 Randomized Experiments
Media Center
For service members, a missed credit card payment might do more than just ding their credit report, it could also jeopardize a hard-fought promotion. And for their spouses, move after move might be more than just a logistical hardship, it might also be the biggest hurdle in their own career growth. The FINRA Foundation Military Spouse Fellowship Program is just one program that is aiming to address both challenges.
News Release
WASHINGTON - FINRA announced today that a FINRA extended hearing panel has expelled Salt Lake City-based broker-dealer Alpine Securities Corp. from FINRA membership, and ordered the firm to pay more than $2.3 million in restitution to customers for converting and misusing customer funds and securities, engaging in unauthorized trading, charging customers unfair prices in securities transactions and unreasonable fees, and making an unauthorized capital withdrawal.
Media Center
Detecting and deterring fraud and insider trading is at the core of FINRA's mission of investor protection and market integrity. On this episode, the head of FINRA's Market Investigations team joins us once again to talk about the latest trends and patterns in FINRA's fraud and insider trading investigations, including some stories about some of the craziest and most interesting cases of the past few years.
Media Center
We are celebrating 100 episodes of FINRA Unscripted. We’ve covered a lot of ground over the past 4 years and 100 episodes and today we are taking a trip back in time to revisit some of our greatest hits.