finra
Two More Companies Slapped With FINRA Fines
- Morgan Stanley Smith Barney (Morgan Stanley) and Scottrade have been penalised for lacking robust supervisory systems .
Monday, 22/06/2015 | 18:13 GMT by
Andy Traveller
American Stocks Day-Trading Firm Monex Fined $1.3 Million for Not Registering Mexican Personnel
- Unregistered employees conducted business on Monex's behalf in the US, including collecting client information needed to open accounts, making investment recommendations to clients and transmitting orders.
Tuesday, 30/12/2014 | 16:12 GMT by
Avi Mizrahi
Clearing House Pershing Fined $3 Million by American Regulator for Endangering Client Funds
- FINRA found that from November 2010 to August 2011, Pershing failed to maintain adequate reserves to meet its reserve deposit requirements with deficiencies ranging from approximately $4 million to $220 million.
Monday, 29/12/2014 | 17:01 GMT by
Avi Mizrahi
FINRA Levies Joint $1.5Million Fine against Wells Fargo Affiliates
- The Financial Industry Regulatory Authority (FINRA) has issued a collective fine for two broker-dealers under common control, Wells Fargo Advisors (WFA) and Wells Fargo Advisors Financial Network (WFAFN) for $1.5 million.
Thursday, 18/12/2014 | 22:02 GMT by
Jeff Patterson
INTL FCStone Inc Acquires Fixed Income Dealer G.X. Clarke & Co
- The target company is dealing with U.S. treasuries, federal agency and mortgage-backed securities primarily to institutional investors, the closing of the deal is expected to conclude in early 2015.
Thursday, 13/11/2014 | 10:22 GMT by
Victor Golovtchenko
FINRA & SEC Issue Investor Warning on Penny Stock Fraudsters
- The Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission's (SEC) Office of Investor Education and Advocacy has released a warning to investors over volatile penny stocks.
Thursday, 30/10/2014 | 17:53 GMT by
Jeff Patterson
FINRA Fines Merrill Lynch $6 Mln for Failing to Prevent Naked Short Selling
- Bank of America will have to pay for both the fines after it took over Merrill Lynch at the height of the financial crisis in September 2008 inheriting the units which didn't comply with SEC's "fail-to deliver" rules.
Monday, 27/10/2014 | 23:08 GMT by
Victor Golovtchenko
NYSE Integrates Cinnober for Its Regulatory Technology Provisions
- The NYSE Group has announced that its NYSE Regulation operations has selected Cinnober for its technology provisions as it looks to expand its market surveillance and enforcement program for its exchanges.
Tuesday, 07/10/2014 | 09:34 GMT by
Jeff Patterson
NYSE Turns to Its Subsidiary for Surveillance, Investigation and Enforcement Instead of FINRA
- The group will not extend its contract with the Financial Industry Regulatory Authority and its NYSE Regulation will directly perform the functions for the group’s three equities exchanges and two options exchanges.
Monday, 06/10/2014 | 18:57 GMT by
Avi Mizrahi
FINRA Approves Series of Rule Changes Regarding HFT & Algorithmic Trading
- The Financial Industry Regulatory Authority (FINRA) issued an announcement highlighting that its Board of Governors approved a series of proposed rule changes related to equity trading and fixed income rulemaking.
Friday, 19/09/2014 | 20:26 GMT by
Victor Golovtchenko
FINRA Fines Citigroup Global Markets $1.85M Following Supervisory Violations
- The Financial Industry Regulatory Authority (FINRA) has levied a $1.85 million fine against Citigroup Global Markets Inc., which now is also responsible for paying $638,000 in restitution, plus interest.
Tuesday, 26/08/2014 | 14:32 GMT by
Jeff Patterson
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}