Recent Posts
New Research: Financial Literacy Is Significant Indicator of Positive Future Financial Outcomes and Behaviors
Varying Levels of Financial Knowledge Among Americans May Deepen Inequality WASHINGTON – Financial literacy is a strong indicator of positive financial outcomes for the future, but differing levels of financial literacy among Americans may contribute to widening inequality among different segments…
New Research: U.S. Investors Unfazed by Pandemic-Related Market Volatility
African American and Hispanic Investors Showed Greatest Increase in Interest in Investing WASHINGTON, D.C.—Despite dramatic market volatility related to the COVID-19 pandemic during early 2020, investor optimism about the stock market remained high, and one in five Americans indicated an…
Report from FINRA Board of Governors Meeting – December 2020
Board Approves Rule Proposals, Reaffirms Financial Guiding Principles and Appoints NAC, SFAC and Regional Committee Members WASHINGTON – FINRA’s Board of Governors met on Dec. 2-3.
Maintaining Over $100 in Savings Linked to Increased Likelihood of Financial Stability in Lower Income Households
WASHINGTON, D.C. — As many Americans head into the holidays unemployed and behind in rent and utility bills, a new report from the FINRA Investor Education Foundation and SaverLife found that people who maintained more than $100 in savings were…
Statement from Robert W. Cook, FINRA President and CEO Regarding SEC Chairman Jay Clayton
Throughout his tenure as Chairman of the SEC, Jay Clayton has been a strong advocate for investors and for fairness and integrity in our securities markets, and we have valued his partnership and support in overseeing the securities industry. Chairman…
FINRA Sanctions Transamerica Financial Advisors, Inc. $8.8 Million for Supervisory Violations Related to Variable Annuities, Mutual Funds and 529 Plans
Firm Ordered to Pay $4.4 Million in Restitution to Approximately 2,400 Affected Customers WASHINGTON—FINRA announced today that Transamerica Financial Advisors, Inc. (TFA) has agreed to pay approximately $4.4 million in restitution to approximately 2,400 customers for failing to supervise its…
FINRA Appoints Scott W. Anderson as Head of Market Regulation and Transparency Services
WASHINGTON—FINRA announced today that it has appointed Scott W. Anderson as Executive Vice President and Head of Market Regulation and Transparency Services. Anderson began his career at NASD, FINRA’s predecessor organization, and has 25 years of experience working on complex…
FINRA Announces Interim Progress of Voluntary 529 Plan Share Class Initiative
$2.7 Million in Restitution to Customers; Two Matters Resolved Through Settlements and 17 Matters Resolved Through Cautionary Actions, Resulting in Remediation to Customers and Correction of Supervisory Deficiencies WASHINGTON—FINRA today announced initial results of its voluntary self-reporting 529 Plan Share…
Statement from the Chief Public Health Officer of Canada on January 17, 2021
On January 17, 2021, Dr. Theresa Tam, Canada’s Chief Public Health Officer, issued the following statement on COVID-19.
Indonesian Company Admits To Deceiving U.S. Banks In Order To Trade With North Korea, Agrees To Pay A Fine Of More Than $1.5 Million
A global supplier of cigarette paper products, PT Bukit Muria Jaya (“BMJ”), has agreed to pay a fine of $1,561,570 and enter into a deferred prosecution agreement with the Justice Department for conspiring to commit bank fraud in connection with…
‘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.
NASA Conducts Test of SLS Rocket Core Stage for Artemis I Moon Mission
NASA conducted a hot fire Saturday of the core stage for the agency’s Space Launch System (SLS) rocket that will launch the Artemis I mission to the Moon. The hot fire is the final test of the Green Run series.
DHS Launches “Be Your REAL ID Self” Public Awareness Campaign
*/ WASHINGTON, D.C. – The Department of Homeland Security (DHS) has begun a new nationwide public awareness campaign, “Be Your REAL ID Self” to promote awareness of the REAL ID requirements and encourage the public to act before the October…
NASA to Host Virtual Briefing on February Perseverance Mars Rover Landing
NASA is hosting a media briefing on Wednesday, Jan. 27, at 4:30 p.m. EST to discuss the upcoming landing of the Mars 2020 Perseverance rover.
Attorney General Settles With Rutland Gym Owner Over Executive Order Violation
Gym Owner Will Comply with Governor’s Orders and Make A $1,000 Payment to the Vermont Foodbank Contact: Charity R. Clark, Chief of Staff, 802-828-3171 Attorney General T.J. Donovan announced today that his office has reached a settlement with Club Fitness…
