December 29, 2017

WASHINGTON —The Financial Industry Regulatory Authority (FINRA) announced today it has fined Citigroup Global Markets Inc. (CGMI) $5.5 million and required the firm to pay at least $6 million in compe…

December 23, 2017

WASHINGTON — The Financial Industry Regulatory Authority (FINRA) today issued an Investor Alert warning investors to beware of potential stock scams when considering the purchase of shares of companie…

December 23, 2017

WASHINGTON — The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Raymond James Financial Services, Inc. $2 million for failing to maintain reasonably designed supervi…

December 23, 2017

The Securities and Exchange Commission today announced charges and an asset freeze against a group of unregistered funds and their owner who allegedly bilked thousands of retail investors, many of the…

December 23, 2017

The Securities and Exchange Commission today announced that Gerald W. Hodgkins, an Associate Director of the Division of Enforcement, will leave the agency at the end of this year for private practice…

December 23, 2017

The Securities and Exchange Commission today announced publication of staff guidance for publicly traded companies, auditors, and others to help ensure timely public disclosures of the accounting impa…

December 21, 2017

WASHINGTON — The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Merrill Lynch, Pierce, Fenner & Smith Incorporated $1.4 million for failing to establish a reason…

December 21, 2017

Board Approves 2018 Budget, Rule Proposals, Enhanced Committee Structure and Improved Registration System WASHINGTON — FINRA’s Board of Governors held its final meeting of 2017 on Dec. 13-14 in New…

December 21, 2017

The Securities and Exchange Commission today charged a Wall Street stockbroker with illegally accepting more than $1 million in undisclosed kickbacks for giving certain customers preferential access t…

December 19, 2017

The Securities and Exchange Commission today announced that Marc P. Berger has been named Director of the New York Regional Office.  He will join the agency in January 2018. Mr. Berger is presently…