FINRA

The 25-year industry veteran of four wealth managers and a trust company faced a charge of unlawful entry on public property.

Two former FINRA employees are joining the fast-growing brokerage app.

The firm’s use of third-party compliance vendors came under scrutiny after an ex-rep pleaded guilty to bilking clients out of $5 million.

In the first wave of cases under the regulator’s self-reporting initiative, it garnered more than $2.7 million in payments of restitution plus interest.

The wealth manager whose parent firm also owns an insurer and asset manager settled its third case involving the same time period.

Despite pledges, the IBD network didn’t collect enough data for suitability reviews of the outside transaction for more than five years, according to the regulator.

Maybe not, says FINRA — but if you’re IM’ing, using slides during the virtual meeting, or recording it, probably yes.

While FINRA rules spell out what brokers generally need to determine a client's financial situtation, there can be gray areas, an expert says.

Unclear — or no — disclosures were among a number of concerns regulatory officials expressed about initial examinations.

Although in-person hearings aren’t banned outright, none have taken place since the onset of the coronavirus pandemic.