Industry News

 

FINRA News

  • Tue, 13 Jun 2017 04:00:00 +0000: FINRA Launches Innovation Outreach Initiative - News Releases

    Blockchain Symposium to Take Place in NYC on July 13

    WASHINGTON — The Financial Industry Regulatory Authority (FINRA) announced today that it has established an Innovation Outreach Initiative to foster an ongoing dialogue with the securities industry that will help FINRA better understand financial technology (fintech) innovations and their impact on the industry.

  • Thu, 08 Jun 2017 04:00:00 +0000: FINRA Issues Research on Securitized-Asset Liquidity - News Releases

    WASHINGTON — The Financial Industry Regulatory Authority (FINRA) Office of the Chief Economist today posted a new Research Note on liquidity in structured products, complementing an earlier report on corporate-bond liquidity.

  • Wed, 07 Jun 2017 04:00:00 +0000: FINRA Hearing Panel Bars Registered Representative for Failing to Disclose Private Securities Transactions Totaling $100 Million in EB-5 Investments - News Releases

    WASHINGTON — The Financial Industry Regulatory Authority (FINRA) announced today that a FINRA hearing panel barred an Irvine, California-based registered representative, Jim Seol, for participating in private securities transactions, engaging in undisclosed outside business activities, and for making misrepresentations to his employer in compliance questionnaires. The hearing panel found that Seol sold $100 million in EB-5 investments promoted through his private business, Western Regional Center Incorporated (WRCI), yet failed to disclose this activity to his employing firm.

  • Thu, 01 Jun 2017 04:00:00 +0000: FINRA Bars Former Morgan Stanley Registered Representative for Using Nominee Accounts to Conceal $190 Million in Venezuelan Bond Trades - News Releases

    WASHINGTON — The Financial Industry Regulatory Authority (FINRA) announced today that it has barred former Morgan Stanley Smith Barney registered representative John Batista Bocchino for concealing approximately $190 million in Venezuelan bond trades from the firm, which had restricted such trading due to the regulatory, anti-money laundering and reputational risks it posed. Instead, Bocchino continued to trade in Venezuelan bonds on behalf of his customers, but hid the trades from the firm by using several nominee accounts in the names of well-known U.S.

  • Wed, 31 May 2017 04:00:00 +0000: FINRA Offers Continuing Education Courses to CFP Professionals - News Releases

    Nearly 60 E-Learning Classes Now Eligible for CE Credits Following CFP® Board Review

    WASHINGTON — The Financial Industry Regulatory Authority (FINRA), in conjunction with the Certified Financial Planner Board of Standards, Inc. (CFP Board), announced today that the CFP Board has authorized continuing education credits (CE) for FINRA e-learning courses offered to all CERTIFIED FINANCIAL PLANNERTM professionals, including those who are registered representatives with FINRA member firms.

SEC News Digest