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Financial Industry Regulatory Authority

Perform an Easy Check to Ensure Your Broker Is Not Among 70,000 With a Blemished Record

Andrew Wang | Posted 02.05.2014 | Money
Andrew Wang

It isn't worth risking your hard earned savings.

Do Your Interests Come Before Your Advisor's? What You Need to Know

Andrew Wang | Posted 01.23.2014 | Money
Andrew Wang

The phrase that you need to know is 'fiduciary standard.' The fiduciary standard is a code of conduct for the approximately 10,500 registered investment advisors who are regulated by the U.S. Securities and Exchange.

Fired FINRA Worker Goes To Extreme Lengths For Love

The Huffington Post | Posted 08.09.2013 | Business

Since Ling Chan was fired from her job at the Financial Industry Regulatory Authority over her alleged "repeated unwanted" romantic advances towards a...

I Have A Dream--Wall St And Social/Digital Media Become Facebook Friends

April Rudin | Posted 07.22.2013 | Business
April Rudin

We cannot lose sight of the reason for compliance and the "spirit" in which it exists. But we need to recognize that we need a new way to maintain the regulatory spirit and discard those ideas that are no longer relevant in a world of Facebook, Twitter, LinkedIn, blogging, social media, posts, 'likes', endorsements, comments and opinions, all of which appear in real-time.

Egg on Their Facebook

Andy Ostroy | Posted 07.23.2012 | Business
Andy Ostroy

The controversy surrounding Facebook's IPO further demonstrates the need for greater scrutiny and regulation of the type of cowboy trading practices that nearly destroyed our economic system four years ago.

Regulators Probing Morgan Stanley's Handling Of Facebook IPO

AP | MARCY GORDON | Posted 07.22.2012 | Business

WASHINGTON (AP) — Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock ...

Goldman Settles Over Charges That It Allowed Insider Tips To Reach Clients

Reuters | Posted 06.12.2012 | Business

WASHINGTON, April 12 (Reuters) - U.S. securities regulators said on Thursday that Goldman Sachs Group Inc will pay $22 million to settle civil charg...

BofA Arm Loses Big In Customer Lawsuit

Reuters | Posted 04.02.2012 | Business

(Adds details) By Suzanne Barlyn Feb 1 - Bank of America Corp's Merrill Lynch unit must pay nearly $1.4 million in dama...

Congress Grills Credit Agencies Over MF Global Collapse

Posted 01.05.2012 | Business

(Sarah N. Lynch) - Congressional investigators have launched an inquiry into the work of credit rating firms that examined MF Global Holdings Ltd'...

JPMorgan Chase Fined Over Recommending Risky Investments

Posted 11.15.2011 | Business

A U.S. regulator ordered JPMorgan Chase & Co to pay $3.62 million in fines and reimbursement for recommending investments linked to junk bonds to ...

Financial Regulatory Powers Might Be Outsourced To Wall Street-Funded Finra

The Huffington Post | William Alden | Posted 08.28.2011 | Business

Congress may outsource the job of regulating thousands of investment advisors to an organization funded by the professionals it regulates, Bloomberg N...

Senator Investigates Suspicious Trading By Hedge Fund SAC Capital

AP | By PAUL WISEMAN | Posted 07.22.2011 | Business

-- Republican Sen. Charles Grassley is investigating about 20 instances of suspicious trading by the hedge fund SAC Capital, a spokesman for the sena...

SEC Unveils Plan To Stabilize Markets

Posted 06.06.2011 | Business

By Sarah N. Lynch WASHINGTON - The Securities and Exchange Commission unveiled a long-awaited plan designed to protect the markets from volatile pr...

Investment Firm Ordered To Pay $250K For Aiding Madoff

Posted 05.25.2011 | Business

NEW YORK (By Helen Kearney) - A Financial Industry Regulatory Authority panel has ordered Morgan Keegan to pay more than $250,000 after the firm ...

Will Ferrell Loses Lawsuit Against JPMorgan, Slapped With $600,000 Penalty

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Will Ferrell lost a lawsuit against JPMorgan Chase and now has to pay a big legal fee, NYT's DealBook reports. The suit, which the actor filed in 200...

Brokerage FINED $1 Million, Created 'Beneficial Prices' For Stocks 46,000 Times In Two Years

AP | MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — Market regulators have fined a New York-based brokerage firm $1 million for creating a false sense of demand for stocks that earned it ...

Citi Fined For Derivatives Deals | Posted 05.25.2011 | Business

Citigroup is expected to be fined $600,000 by the Financial Industry Regulatory Authority over derivatives transactions that helped foreign clients av...

SEC Chair Mary Schapiro's Previous Agency Was Soft On Enforcement: Report

Legal Times | Posted 05.25.2011 | Business

An analysis conducted out of Sutherland Asbill & Brennan's Washington office shows the Financial Industry Regulatory Authority - the independent secur...

Posse on Trail of Wall Street Cheats

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

Financial skulduggery, judging from the latest and sharply increasing number of stock trading investigations, is unmistakably on the rise.