Recent Posts
FINRA Orders Record Financial Penalties Against Robinhood Financial LLC
Firm Ordered to Pay Approximately $70 Million for Systemic Supervisory Failures and Significant Harm Suffered by Millions of Customers WASHINGTON—FINRA announced today that it has fined Robinhood Financial LLC $57 million and ordered the firm to pay approximately $12.6 million…
FINRA Publishes 2021 Industry Snapshot
Statistical Overview of Brokerage Firms, Registered Representatives and Trading Activity WASHINGTON—FINRA today published the 2021 FINRA Industry Snapshot, its annual statistical report on the brokerage firms, registered representatives and market activity that FINRA regulates.
FINRA Foundation Announces 2021 Research Award Recipients
Studies Advance Understanding of Financial Capability in the United States WASHINGTON – The FINRA Investor Education Foundation (FINRA Foundation), in partnership with the American Council on Consumer Interests (ACCI), announced today the recipients of its higher-education awards to recognize early-career…
Death of an inmate from Stony Mountain Institution
On August 28, 2021, David Midouin, an inmate from Stony Mountain Institution died while in our custody.
DHS to Serve as Lead Federal Agency Coordinating Efforts to Resettle Vulnerable Afghans
Secretary Mayorkas Announces Robert J. Fenton, Jr. as Senior Response Official WASHINGTON – President Biden has directed the Secretary of Homeland Security to have his department serve as the lead agency coordinating ongoing efforts across the federal government to resettle vulnerable Afghans, including those…
FINRA Launches Educational Initiative Aimed at Newer Investors
FINRA and FINRA Foundation Issue Special Notice Soliciting Comment on Ways to Reach and Educate Novice Investors WASHINGTON—FINRA today announced it has launched a multi-year, multi-faceted $30 million initiative to explore innovative ways to reach and educate investors, especially new,…
Joint statement on Afghanistan evacuation travel assurances
We are all committed to ensuring that our citizens, nationals and residents, employees, Afghans who have worked with us and those who are at risk can continue to travel freely to destinations outside Afghanistan.
FINRA Orders Merrill Lynch, Pierce, Fenner & Smith, Inc. to Pay $8.4 Million in Restitution to Customers for Supervisory Failures Involving Unit Investment Trusts
WASHINGTON—FINRA announced today that it has ordered Merrill Lynch, Pierce, Fenner & Smith, Inc. to pay more than $8.4 million in restitution to more than 3,000 customers who incurred potentially excessive sales charges in connection with early rollovers of Unit…
FINRA Statement on Temporary Withdrawal of Specialized Arbitrator Roster Rule Filing
Following consultations with the SEC staff, we temporarily withdrew from SEC consideration our rule filing establishing specialized arbitration panels for expungement requests so that we can further consider whether modifications to the filing are appropriate.
FINRA, SEC and NASAA Offer Free Resource to Securities Firms to Assist in Detection, Prevention and Reporting of Financial Exploitation of Seniors
Regulators Providing Free Training in Recognition of World Elder Abuse Awareness Day; Program Aims to Assist Firms in Implementing Requirements of Senior Safe Act WASHINGTON—In recognition of World Elder Abuse Awareness Day, the Financial Industry Regulatory Authority (FINRA), the U.S….
Report from FINRA Board of Governors Meeting – May 2021
Board Approves 2020 Annual Financial Report; Adopts Advisory Committee Term Limits in Support of Greater Diversity and Inclusion WASHINGTON – FINRA’s Board of Governors met on May 18-19, 2021. During the meeting, the Board approved FINRA’s 2020 Annual Financial Report,…
Cutting-Edge Science Launches on NASA’s SpaceX Cargo Resupply Mission
The latest SpaceX Dragon resupply spacecraft is bound for the International Space Station after launching at 3:14 a.m. EDT Sunday from from Launch Complex 39A at NASA’s Kennedy Space Center in Florida, carrying more than 4,800 pounds of science experiments,…
‘Fugitive of the Week’ Arrested by Task Force Partners at Strafford County Sheriff’s Office
January 03, 2018 – Last evening, “Fugitive of the Week,” Nicholas LaPanne was arrested by our task force partners from the Strafford County Sheriff’s Office. This arrest was possible after information was developed by officers from the Strafford Police Department,…
U.S. Marshals Join Hunt for Escaped Prisoner
January 09, 2018 – The U.S. Marshals are asking for the public’s help in finding an escaped prisoner from a Connecticut Correctional Facility on January 7, 2018. Jerry Mercado escaped from the Carl Robinson Correctional Facility in Enfield, CT on…
U.S. Marshals Arrest Man Wanted for Murder
January 04, 2018 – The U.S. Marshals fugitive task force today arrested a man wanted in Shelby county for first degree murder, convicted felon in possession of a handgun, and criminal impersonation.
A public hearing to consider the possible parole of Thomas Peterson, #175273
The Michigan Parole Board will hold a public hearing on Thursday, September 9, 2021 at 9:00 a.m. to consider the possible parole of Thomas Peterson, #175273.
Department Press Briefing – August 27, 2021
Ned Price, Department Spokesperson Washington, DC 2:56 p.m. EDT MR PRICE: Good afternoon. QUESTION: Good afternoon. MR PRICE: Before we move to today, let me just say a few more words about yesterday. This is a sentiment you heard from…
Statement from Secretary Mayorkas on the Cyber Talent Management System
Secretary of Homeland Security Alejandro N. Mayorkas released the following statement on DHS publishing the Cybersecurity Talent Management System (CTMS) rule in the Federal Register: “DHS is launching the Cybersecurity Talent Management System (CTMS) to establish an innovative way to hire and retain…
DHS Statement on Safety and Immigration Enforcement During Hurricane Ida
WASHINGTON – The Department of Homeland Security (DHS) is closely monitoring the potential impact of Hurricane Ida. Our highest priority remains the preservation of life and safety. Absent exceptional circumstances, Immigration and Customs Enforcement (ICE) and Customs and Border Protection…
