FINRA on Friday penalized Wedbush Securities of Los Angelese $150,000 for various compliance and supervision shortcomings related to clients’ margin securities, as well as failing to disclose mark-ups ...

It was recently reported that the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) began probing Digital Asset Treasury companies (DATs), raising a ...

FINRA Rule 2341 generally limits gifts to $100 per person per year (though FINRA recently proposed an increase to $300) and permits only ...

First Trust Portfolios has been fined $10 million by FINRA for allegedly providing excessive meals, gifts, and other incentives to broker-dealers.

The advisor, formerly with DA Davidson, also repeatedly failed to tell his employers about outside securities accounts he maintained at another Finra member firm.

Wedbush Securities has agreed to pay a $16,250 fine relating to alleged municipal securities rule violations as part of a settlement of a broader disciplinary action brought against it by the ...

At the same time, First Trust employees falsified expense records covering more than $650,000 in gifts, meals and entertainment, Finra said. The firm then sent brokerage clients false or misleading ...

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Board Approved Amendments for Pattern Day Trading Rules, and Received Updates on FINRA Forward, Consolidated Audit Trail and Cybersecurity FINRA’s Board of Governors met September 17-18. The Board ...

The Financial Industry Regulatory Authority fined First Trust Portfolios LP $10 million, saying the firm gave clients ...

FINRA has fined First Trust Portfolios L.P. $10 million for providing excessive non-cash compensation (e.g., gifts, meals, and entertainment) in connection with the distribution of First Trust ...