FINRA's Advertising Regulation Department reviewed over 3,000 less filings compared to prior year
FINRA is particularly focused on non-principal protected "worst-of" structured notes
FINRA sends message that effective AML programs are essential for firms that handle low-priced securities transactions
The new intraday margin standards adopted by FINRA are fast approaching with a June 4 effective date
FINRA is looking to "address more systemic issues sooner through informal resolution, rather than later through formal regulatory reviews."
FINRA execs discussed changes reshaping the exam program, including 'streamlined first firm exams for lower-risk firms, extended exam cycles where warranted, more targeted data requests, ...
Firm fined $200K for failing to reasonably supervise a reps unit investment trust recommendations to achieve compliance with Reg BI
Enforcement actions demonstrate need for B-Ds to provide for annual independent testing of their AML programs
FINRA found that firm's written procedures failed to identify who was responsible for conducting supervisory reviews of principals' e-comms
The NYSE proposes to enable the trading during the pendency of a pilot program to be operated by the Depositary Trust Company