Finra

Wells Fargo Employees Let Go for Using ‘Mouse Jigglers’ at Work
Wells Fargo Employees Let Go for Using ‘Mouse Jigglers’ at Work
June 13, 2024  |  Personnel

Wells Fargo has reportedly fired more than a dozen workers accused of faking work. These employees, all part of the banking giant’s wealth/investment management arm,...

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 >
Report: Just 4% of Americans Demonstrate Basic Financial Literacy
Report: Just 4% of Americans Demonstrate Basic Financial Literacy
November 20, 2022  |  Personal Finance

Already low, financial literacy in America is on the decline, with many people unable to understand concepts such as inflation or compound interest. That’s according...

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 >
Financial Watchdog FINRA is Hiring to Expand Crypto Resources, Monitoring
Financial Watchdog FINRA is Hiring to Expand Crypto Resources, Monitoring
June 14, 2022  |  Cryptocurrency

One of the agencies tasked with monitoring the behavior of stockbrokers and other Wall Street professionals is trying to capitalize on the sudden unemployment of...

READ MORE >
SEC Chair Steps up Crypto Crusade, Sends Message to CFTC
SEC Chair Steps up Crypto Crusade, Sends Message to CFTC
May 17, 2022  |  Cryptocurrency

Securities and Exchange Commission (SEC) Chair Gary Gensler on Monday (May 16) told an audience during the 2022 FINRA annual conference that until there is...

READ MORE >
Finra Guidance Sees Compliance Execs as More Advisory Than Supervisors
Finra Guidance Sees Compliance Execs as More Advisory Than Supervisors
March 20, 2022  |  Regulation

The Financial Industry Regulatory Authority has said it’ll only take actions against chief compliance officers who don’t carry out specific supervisory responsibilities designated by the...

READ MORE >
Robinhood Under Probe For CEO’s FINRA Non-Registration Status
Robinhood Under Probe For CEO’s FINRA Non-Registration Status
July 28, 2021  |  Regulation

Robinhood and CEO Vlad Tenev are under investigation after it was found out Tenev isn’t licensed by Wall Street regulator the Financial Industry Regulatory Authority...

READ MORE >