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FINRA Fines UBS Financial $20 Million for Anti-Money Laundering Violations

Mon, 03 Aug 26 12:00:00 +0000

Includes Repeat Violations Resulting in a Failure to Reasonably Monitor More Than 60,000 Transactions Totaling $10 Billion

WASHINGTON—FINRA has fined UBS Financial Services Inc. (UBS Financial) $20 million for anti-money laundering (AML) violations.

FINRA Foundation Research Reveals Gaps in Fraud Awareness That May Leave Americans Vulnerable

Wed, 22 Jul 26 12:00:00 +0000

WASHINGTON—A new report released today by the FINRA Investor Education Foundation (FINRA Foundation) reveals troubling knowledge gaps that may leave millions of Americans vulnerable to victimization as financial fraud losses near $200 billion annually.

FINRA Announces Results of Board of Governors Elections

Fri, 17 Jul 26 12:00:00 +0000

WASHINGTON—FINRA announced today the results of its Board of Governors elections during its annual meeting of member firms on Monday.

FINRA Taps Christine Kieffer to Lead Investor Education Efforts

Tue, 14 Jul 26 12:00:00 +0000

WASHINGTON – FINRA today announced that investor education and protection veteran Christine Kieffer will serve as Senior Vice President of FINRA’s Office of Investor Education and President of the FINRA Investor Education Foundation (FINRA Foundation). The appointment is effective immediately.

FINRA Expels Reid & Rudiger, Bars Cofounders

Wed, 17 Jun 26 12:00:00 +0000

WASHINGTON—FINRA has expelled from membership Reid & Rudiger LLC (the firm) and barred cofounders Clifford Reid and CEO Edward Rudiger, Jr. from association with any member firm for churning and excessively trading customer accounts in violation of Regulation Best Interest (Reg BI) and FINRA rules.

Report From FINRA Board of Governors Meeting – June 2026

Thu, 11 Jun 26 12:00:00 +0000

WASHINGTON—FINRA’s Board of Governors met on June 3-4 and approved four rule proposals as well as its 2025 Annual Financial Report. The Board also received several briefings, including on the FINRA enforcement program external review and request for comments on arbitration.

FINRA Publishes 2026 Industry Snapshot

Mon, 01 Jun 26 12:00:00 +0000

WASHINGTON—FINRA published today its 2026 Industry Snapshot, an annual report that provides aggregate data about member firms, registered representatives, and market activity.

FINRA Fines Pictet Overseas and Blue Ocean ATS for AML and Supervisory Violations Involving Low-Priced Securities

Wed, 20 May 26 12:00:00 +0000

WASHINGTON—FINRA has fined two member firms a total of more than $1.1 million for anti-money laundering (AML) and supervisory violations related to low-priced securities transactions.

FINRA Announces Review of Higher-Risk Structured Products

Tue, 19 May 26 12:00:00 +0000

WASHINGTON—Consistent with its mission of investor protection, FINRA announced today that it will review firm practices regarding higher-risk structured products, specifically non-principal protected “worst-of” structured notes.

FINRA Strengthens External Relations Leadership with Two Senior Appointments

Mon, 20 Apr 26 12:00:00 +0000

WASHINGTON—FINRA announced today two key additions to our senior leadership team to enhance engagement with regulators, policymakers, industry stakeholders and the media.