FINRA Podcast: October's Quarterly Disciplinary Review

FINRA published its Quarterly Disciplinary Review podcast, which reviews specific FINRA rule violations by registered representatives.

The podcast discusses cases that highlight the following kinds of conduct that led to disciplinary action:

• distributing misleading securities-related information to the public and failing to maintain an adequate supervision system;
• "marking the close," which involved buying a security at the end of a trading day at a much higher price than was current in order to inflate its closing price; and
• submitting false expense reports to a firm, which caused the firm to have inaccurate books and records.

See: FINRA Podcast; Transcript of Podcast.Related news: FINRA Podcast: July Quarterly Disciplinary Review (July 31, 2014); FINRA Podcast: April's Quarterly Disciplinary Review(May 27, 2014); FINRA Issues Quarterly Disciplinary Review (with Lofchie Comment) (January 21, 2014).