FINRA Fines CUNA Brokerage Services Over Deleted Rollover Records
By Melanie WaddellThe BD inadvertently deleted 14,000 records, violating Reg BI, FINRA says.
October 31, 2024
Rep Churned Senior Business Owner's Account, Violated Reg BI: FINRAJesse Krapf recommended in-and-out trading that was excessive and unsuitable, according to the regulator.
October 30, 2024
SEC Hit These 6 Firms With Reg BI Fines in 2024The SEC cracked down this year after industry complaints that FINRA was taking the lead.
October 21, 2024
7 Top SEC Exam Priorities for 2025In addition to core business practices, examiners will focus on new rules, emerging tech and investor data protection.
October 18, 2024
BD Violated Reg BI With Excessive Trading That Cost Clients $1M: SECPHX Financial and a registered rep made over $400,000 in commissions and fees while clients lost money, the SEC said.
October 07, 2024
Top DOL Official Sees a 'Nonsensical' Reality at Heart of Fiduciary FightThe current state of best-interest regulation is too complicated for retirement investors to understand, says Ali Khawar.
October 03, 2024
Thrivent Takes Reg BI Hit Over Outdated Share Class CalculatorThe firm recommended pricier shares in two 529 plans after failing to account for a fee change, regulators said.
September 23, 2024
JPMorgan Sued Over 'Shockingly' Low Interest on Client CashThe case follows several other proposed class actions over brokerages' cash sweep programs.