A broker-dealer settled FINRA charges for conducting a securities business while failing to maintain the required minimum net capital and failing to file timely notices of net capital deficiency with the SEC and FINRA.
News & Insights
FINRA proposed revisions to the content outline for Research Analyst exams (FINRA Series 86/87).
FINRA proposed several amendments to remove overlapping requirements concerning (i) clock synchronization for recording market events; (ii) quote and order access; (iii) reporting requirements on certain information for orders in OTC equity securities and (iv) recording of quotation information on an inter-dealer quotation system.
A broker-dealer settled FINRA charges for failing to (i) reasonably monitor, investigate and act upon red flags concerning variable annuity exchange recommendations and (ii) monitor use of external email and preserve business-related emails.
The SEC approved a FINRA rule amendment to allow the disclosure of BrokerCheck's designation of "Restricted Firms."