Author: Admin
Payday Player Picks Lucky Time to Play Lucky Numbers
Brandy and Frank Hartman of Aberdeen celebrate their $50,000 FAST PLAY Lucky Numbers win. Aberdeen woman wins $50,000 playing FAST PLAY Lucky Numbers game Brandy Hartman buys Maryland Lottery tickets just about every two weeks, she told Lottery officials. “I…
Justice Department Announces Additional Distribution of More than $568 Million to Victims of Madoff Ponzi Scheme
The Department of Justice announced today that the Madoff Victim Fund (MVF) began its seventh distribution of approximately $568 million in funds forfeited to the U.S. government in connection with the Bernard L. Madoff Investment Securities LLC (BLMIS) fraud scheme,…
Return Preparer Pleads Guilty to Conspiracy to Defraud the United States
A Florida return preparer pleaded guilty yesterday in the Southern District of Florida to conspiracy to defraud the United States.
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 Board of Governors Appoints Sam Deshpande as Newest Governor
WASHINGTON – The FINRA Board of Governors has appointed Sam Deshpande as a new public Governor. Deshpande is Chief Information Officer for Humana, a U.S. health insurance company. His term on the FINRA Board begins immediately, and he will join…
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,…
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.
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,…
New FINRA Report: Diversity of Cloud Computing Models Among Broker-Dealers Raises Opportunities and Challenges for the Securities Industry
FINRA Requests Comments on Report WASHINGTON—A diversity of cloud computing models is transforming how broker-dealers operate, with the potential to enhance agility, efficiency, resiliency and security within firms’ operations, while also highlighting the importance for firms to consider relevant regulatory…
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….
AG Ferguson statement on “friend of the court” brief in Texas abortion case
SEATTLE — Attorney General Bob Ferguson offers the following statement on joining a coalition of 24 attorneys general in filing an amicus, or “friend of the court,” brief asking the U.S. District Court for the Western District of Texas to…
Planets Form in Organic Soups With Different Ingredients
Astronomers have mapped out the chemicals inside of planetary nurseries in extraordinary detail. The newly unveiled maps reveal the locations of dozens of molecules within five protoplanetary disks—regions of dust and gas where planets form around young stars. “These planet-forming…
Attorney General Donovan Joins Coalition Supporting DOJ’s Lawsuit Against Texas Abortion Ban
CONTACT: Charity Clark, Chief of Staff, (802) 828-3171 Amicus Brief Rejects Texas Law Banning Abortions After Six Weeks Attorney General Donovan today joined 24 attorneys general in filing an amicus brief in support of the U.S. Department of Justice’s (DOJ)…
