FINRA

FINRA is building expertise, infrastructure and capabilities in GenAI to perform its SRO functions more effectively and efficiently

Firm accused of significantly exceeding FINRA limits for non-cash compensation tied to the supplying of perks to retail broker-dealer reps

Firm failed to disclose that it had a disciplinary history and omitted required "conversation starters" regarding fees and costs and conflicts of interest

FINRA Foundation releases "first-look" findings from its upcoming Investors in the United States: A Report of the National Financial Capability Study

B-Ds can rely on the CRD system to maintain for recordkeeping purposes the Form U4 filing that individuals electronically sign through the FinPro Gateway

FinCEN release is aimed at assisting the financial services industry with their compliance obligations tied to suspicious activity reporting.

Miami-based B-D was charged with failing to implement P&Ps for its AML compliance program that could be "reasonably expected" to detect and report suspicious transactions

Online broker-dealer failed to preserve at least 22.6 million business-related e-comms

The accounting for the payment of several million dollars from a broker-dealer to its corporate parent led to a FINRA enforcement action

FINRA reveals that while a broker-dealer's WSPs delegated responsibility for reviewing manipulative trading alerts to compliance, the reviews weren't reasonable