FINRA Podcast: April's Quarterly Disciplinary Review

FINRA published its Quarterly Disciplinary Review Podcast, which reviews specific FINRA rule violations by registered representatives. The review highlights the following disciplinary actions:

• a violation of ethical standards as per the books and records rules, in which a registered sales assistant falsely guaranteed the authenticity of a customer's signature on multiple wire transfer requests;
• a violation of ethical standards in discretionary accounts rules, in which a registered representative exercised discretion in two customer accounts without authorization or approval;
• a violation of ethical standards in information and testimony rules, in which a registered representative failed to appear and provide on-the-record testimony; and
• a violation of an ethical standards rule in which a registered representative forged a customer signature and converted customer funds.

See: FINRA Quarterly Disciplinary Review.