Author: Admin

Firm Made Misrepresentations to Customers and Violated Reg BI as well as FINRA’s Suitability and Supervision Rules WASHINGTON—FINRA announced today that it has expelled broker-dealer SW Financial for multiple violations, including making misrepresentations to customers in its sales of private placement…

FINRA, NFA Expand MOU to Include Information Sharing, Collaboration WASHINGTON— FINRA and NFA recently held a special summit focused on crypto assets and agreed to expand their Memorandum of Understanding (MOU) to address crypto activities that fall within their respective…

Options Trading Activity, Demographic Changes for FINRA-Registered Representatives Among New Data Available in this Year’s Snapshot WASHINGTON – FINRA today published the 2023 Industry Snapshot, the annual statistical report on registered representatives, brokerage firms, and market activity that FINRA oversees. This…

Firm Also Failed to Maintain Supervisory System, Report Customer Complaints WASHINGTON—FINRA announced today that it has fined Webull Financial LLC $3 million for not exercising reasonable due diligence before it approved customers for options trading; not maintaining a supervisory system…

Board Approves Rule Proposal to Shorten the Securities Settlement Cycle to T+1 Consistent with Recent SEC Rule Changes, and Allocation of 2022 Fine Monies WASHINGTON—FINRA’s Board of Governors met on March 9-10 for the first time in 2023. The board…

Report Reflects New and Evolving Risks, Industry Trends, and Noteworthy Findings WASHINGTON—FINRA published today its 2023 Report on FINRA’s Examination and Risk Monitoring Program to provide member firms with key insights and observations to use in strengthening their compliance programs….

WASHINGTON—FINRA announced today that Jessica Hopper plans to leave FINRA on February 3, after an 18-year tenure culminating in her leadership of the Department of Enforcement.

Board Approves Rule Proposals and FINRA’s 2023 Budget, Previews 2023 Report on FINRA’s Examination and Risk Monitoring Program WASHINGTON—FINRA’s Board of Governors held its fifth and final meeting of the year on Dec. 14-15. During the meeting, the Board approved…

Third of eight top prizes claimed on popular scratch-off A Maryland Lottery player from Frederick has practical plans for the proceeds of a $50,000 win on the $5 scratch-off game Corvette Cash: paying off a second mortgage. Visibly jovial about his…

Claims top prize on Corvette Cash scratch-off A 62-year-old car enthusiast, who chose the name “Baby Blue” to tell her story, was heading to work when it happened. The “it” to which she referred was the $50,000 prize she discovered…

Baltimore County resident wins top prize on Bonus Crossword A Dundalk woman has a fun hobby of playing Bonus Crossword scratch-offs a few times a week. She has occasionally won small prizes of a few hundred dollars over the years but was in shock when…

The Department of Wildlife Resources (DWR) announced a harvest of 24,447 turkeys during the 2023 spring turkey season. This represents the highest spring turkey harvest ever recorded in Virginia. The previous record was 20,580, set during the 2015 spring hunting…

The Justice Department and the Department of Education jointly released a Resource on Confronting Racial Discrimination in Student Discipline. The departments recognize and appreciate school administrators, teachers and educational staff across the nation who work to administer student discipline fairly,…

April 26 – May 22, 2023 To increase awareness of Conservation Police Officers’ (CPOs, or previously called game wardens) activities, the “Virginia Conservation Police Notebook” provides an overview of activities encountered by our officers who protect natural resources and people…

Six Money Bag Multiplier top prizes remain after Prince George’s County win Accompanied by family members, a Hyattsville player was all smiles on May 24 when she claimed a $100,000 scratch-off prize at Lottery headquarters in Baltimore. The casual player…

For the first time in 16 years, the Smithsonian’s National Zoo and Conservation Biology Institute (NZCBI) in Washington, D.C., is celebrating the birth of three meerkats. Keepers in the Small Mammal House reported for duty the morning of May 10…

Planting forests with diverse species can help ensure their success, according to a new study published May 18 from the Smithsonian Environmental Research Center (SERC) and The Nature Conservancy. The discovery is the result of a decade of research from…

The Smithsonian’s National Museum of the American Indian in New York will host “Shelley Niro: 500 Year Itch,” the first major retrospective of work by the multimedia artist Shelley Niro (Six Nations Reserve, Bay of Quinte Mohawk, Turtle Clan, b….

The Smithsonian’s National Museum of the American Indian in Washington, D.C., will open “Robert Houle: Red is Beautiful” May 25. It is the first major retrospective of Robert Houle’s (Saulteaux Anishinaabe, Sandy Bay First Nation, b. 1947) work and covers…

Visitors to the 2023 Smithsonian Folklife Festival will explore creativity and faith and the vibrant ways they contribute to the diverse cultural landscape of the United States in the program “Creative Encounters: Living Religions in the U.S.” The festival will…