A broker-dealer settled FINRA charges for inaccurately reporting information pertaining to the routing of non-directed orders in national market system securities.
FINRA proposed two new rules that would require broker-dealers to publish order routing disclosure reports for over-the-counter and National Market System equity securities orders.
FINRA warned investors to exercise caution when investing in small capitalization initial public offerings due to an increase in pump-and-dump schemes.
A broker-dealer settled FINRA charges for failing to comply with best execution obligations by routing customer orders through a preferred ATS without considering alternate routing arrangements.
A broker-dealer settled FINRA charges for failing to comply with short sale regulations related to close-outs of "fail-to-deliver" positions.