Financial Industry Regulatory Authority

TD Bank Pays $20 Million to Resolve Spoofing Case
TD Bank Pays $20 Million to Resolve Spoofing Case
September 30, 2024  |  Legal

TD Bank is reportedly settling a case involving illegal “spoof” orders by a former trader. The Canadian bank will pay more than $20 million as...

READ MORE >
M1 Finance FinRA Fine Highlights Regulators’ Move to Tighten Grip on ‘Finfluencers’
M1 Finance FinRA Fine Highlights Regulators’ Move to Tighten Grip on ‘Finfluencers’
March 19, 2024  |  Regulation

Social media platforms like TikTok have transformed into vital sources of financial information, particularly for millennials and Gen Zs, with nearly 80% of these demographics seeking advice...

READ MORE >
SEC Charges Merrill Lynch and BACNAH for Failing to File Suspicious Activity Reports
SEC Charges Merrill Lynch and BACNAH for Failing to File Suspicious Activity Reports
July 11, 2023  |  Security & Fraud

The Securities and Exchange Commission (SEC) has announced charges against investment firm Merrill Lynch, Pierce, Fenner & Smith and its parent company BAC North America Holding Co. The charges,...

READ MORE >
Former Investment Banker Charged in Connection With Alleged Crypto Fraud
Former Investment Banker Charged in Connection With Alleged Crypto Fraud
April 11, 2023  |  Security & Fraud

A former investment banker has been arrested and charged with wire fraud in connection with an alleged cryptocurrency fraud. Rashawn Russell, who was a Financial...

READ MORE >
FINRA Debuts Tougher Money Laundering Rules
FINRA Debuts Tougher Money Laundering Rules
September 30, 2022  |  AML

The Financial Industry Regulatory Authority (FINRA), a Wall Street regulator, has issued new guidance for broker-dealers on the penalties they could face for violating anti-money...

READ MORE >
Bitcoin Daily: FINRA Files First Crypto Disciplinary Action; Paris Soccer Team Plans ‘Fan Token Offering’
Bitcoin Daily: FINRA Files First Crypto Disciplinary Action; Paris Soccer Team Plans ‘Fan Token Offering’
September 12, 2018  |  Bitcoin

Blockchain payment network GRAFT has reached a “critical milestone”: the group said that it has received an end-to-end transaction that took under 2 seconds on...

READ MORE >