News Releases View

FINRA Expels Reid & Rudiger, Bars Cofounders

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

Member Firm and Registered Representatives Violated Regulation Best Interest by Excessively Trading and Churning Numerous Customer Accounts

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

Board Approved Four Rule Proposals That Advance FINRA Forward Initiatives

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.

New FINRA Foundation Research Examines the Characteristics, Behaviors and Outcomes of Retail Investors Who Use Social Media

Thu, 02 Apr 26 12:00:00 +0000

WASHINGTON—The FINRA Investor Education Foundation (FINRA Foundation) released today new research, Finfluencer Followers and Social Media Scrollers: The Profile, Patterns, and Pitfalls of Social-Media-Informed Retail Investors.

FINRA Launches Financial Intelligence Fusion Center to Combat Cybersecurity and Fraud Threats

Tue, 31 Mar 26 12:00:00 +0000

WASHINGTON—FINRA announced today the launch of the Financial Intelligence Fusion Center (FIFC), a secure portal for FINRA and its member firms to share timely intelligence about cybersecurity and fraud threats and coordinate responses.

Report From FINRA Board of Governors Meeting – March 2026

Thu, 12 Mar 26 12:00:00 +0000

WASHINGTON—FINRA’s Board of Governors held its first meeting this year on March 4-5. The Board approved five rule proposals, received an update on enhancements to FINRA's enforcement program and approved the allocation of last year’s fine monies.

FINRA Announces Appointment of Four New Board Governors

Tue, 06 Jan 26 12:00:00 +0000

FINRA today announced the appointment of four new Governors to its Board of Governors: Rostin “Russ” Behnam, Tim Carter, Dan Gallagher and Heather Traeger.