iOS app Android app

Finra Enforcement

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...

Banks Hit With Laughably Small Fines

AP | Posted 12.27.2012 | Business

WASHINGTON -- The Financial Industry Regulatory Authority says five of the country's largest banks will pay $4.5 million to settle claims they used mu...

Bank Fined For Overcharging Customers

AP | The Associated Press | Posted 06.22.2012 | Money

NEW YORK -- A financial regulator has fined Merrill Lynch $2.8 million for overcharging customers with fees and for failing to provide timely trade co...

A FINRA Arbitrator With a Heart!

Dan Solin | Posted 05.25.2011 | Business
Dan Solin

I am no fan of the mandatory arbitration process imposed on investors by FINRA because investors usually lose or get a fraction of their losses.

Rich and Poor Serve Their Wall Street Masters

Dan Solin | Posted 05.25.2011 | Business
Dan Solin

I am often accused by brokers of being too hard on them. They say I cherry pick bad portfolios and there are many "hard working, honest brokers" who do the right thing for their clients. I used to believe it. I no longer do.

Miracle on Wall Street!

Dan Solin | Posted 05.25.2011 | Business
Dan Solin

Joanne Bohnke is a 74 year old widow, hoping to make her $315,000 savings last longer than she does. She turned for advice, as most Americans unfortunately do, to her broker at Smith Barney.

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...