Enforcing the Rules
FINRA provides comprehensive oversight for broker-dealers and serves as the first line of defense for investors.
One of FINRA’s top priorities is to advance investor confidence in the securities markets through vigorous, fair and effective enforcement of FINRA and MSRB rules, and federal securities laws and rules. FINRA’s Enforcement Department is tasked with investigating potential securities violations and, when warranted, bringing formal disciplinary actions against firms and their associated persons.
Cases in which FINRA files a complaint against a respondent may result in a decision explaining the reasons for the ruling and any sanction, if applicable.
Disciplinary cases may result in an imposition of sanctions and/or fines to protect investors, other member firms and associated persons, while promoting the public interest.
FINRA takes disciplinary actions against firms and individuals for violations of FINRA rules; federal securities laws, rules, and regulations; and the rules of the Municipal Securities Rulemaking Board. Each month, FINRA publishes a summary of recent disciplinary and other FINRA actions.
All disciplinary actions we take against firms and individuals are available through a publicly-accessible online application.
Individuals on this list are prohibited from working in the broker-dealer industry. For more information about a listed individual, click the individual's name to view their BrokerCheck report.