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FINRA Is Doing A Whole Lot Less FINRAing These Days

When Donald Trump took workplace, the expectation was that the brand-new gang in DC would summarily reverse 8 years of screw-tightening by the Obama administration’s monetary regulators. Dodd-Frank would be taken apart, the fiduciary guideline consigned to the dustbin of history, and the bugles of deregulation sounded everywhere. The shift hasn’t precisely been seismic. Dodd-Frank […]

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FINRA orders Morgan Stanley to pay $13 million in fines, restitution

The Financial Industry Regulatory Authority stated on Monday it bought Wall Street financial investment bank and securities brokerage Morgan Stanley to pay $13 million in fines and restitution to customers for improperly monitoring specific short-term trades. FINRA, the securities market’s self-regulator, stated that in between January 2012 and June 2015 numerous Morgan Stanley brokers encouraged […]

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Finra Fines Plummet in 2017

Finra seems using a lighter touch with enforcement actions in 2017, as it’s on speed to impose just a portion of the fines it reported in 2015. Throughout the very first half of 2017, Finra imposed $23.4 million in fines, compared with $79.4 million a year previously, according to a report by Washington, D.C.-based law […]

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