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FINRA Seeks Public Comment on Potential Overhaul of Arbitration Rules

April 14th, 2026 at 11:56 AM
The Financial Industry Regulatory Authority (FINRA) has issued Regulatory Notice 26-06, requesting public comments on proposed changes to its arbitration framework.
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SEC Issues Long-Awaited Guidance on Digital Assets

April 13th, 2026 at 11:40 AM
The SEC released guidance clarifying how federal securities laws apply to digital assets, a major step toward resolving crypto regulatory uncertainty.
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FINRA Charges Former Pruco Securities Broker With Forging Annuity Applications to Generate Commissions

April 10th, 2026 at 12:10 PM
The Financial Industry Regulatory Authority (FINRA) has filed a complaint against former Pruco Securities broker Avinesh Shankar, accusing him of forging customer signatures on dozens of annuity applications in order to collect advance commissions.
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Private Credit Funds Face Liquidity Strain as Redemption Requests Surge

April 9th, 2026 at 12:25 PM
Investor demand for liquidity has intensified across the private credit market, leaving billions in capital temporarily inaccessible due to withdrawal restrictions, according to AdvisorHub.
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FinCEN Imposes $80 Million Penalty on Canaccord for AML Failures

April 8th, 2026 at 1:45 PM
FinCEN imposed an $80 million civil penalty on Canaccord Genuity for Bank Secrecy Act violations, the largest such action against a broker-dealer.
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SEC Charges Long Island RIA and Executives in $138 Million Private Fund Scheme

April 7th, 2026 at 11:13 AM
A Long Island-based registered investment adviser and two of its senior executives now face parallel civil and criminal proceedings tied to an alleged scheme involving conflicted private fund investments, as reported by InvestmentNews.
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FINRA Arbitration Panel Orders Fidelity to Pay $1.3 Million Over Structured Product Disputes

April 6th, 2026 at 1:28 PM
A Financial Industry Regulatory (FINRA) arbitration panel has ordered Fidelity Brokerage Services to pay approximately $1.3 million to two groups of clients who alleged misconduct tied to structured product investments, according to ThinkAdvisor.
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FINRA Enforcement Trends Show Higher Monetary Sanctions Despite Fewer Cases in 2025

April 3rd, 2026 at 5:57 PM
The Financial Industry Regulatory Authority (FINRA) increased total monetary sanctions in 2025, even as the number of enforcement actions declined.
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Florida FINRA Arbitration Panel Orders Charles Schwab to Pay $3.8 Million to Investors

April 1st, 2026 at 12:28 PM
A Financial Industry Regulatory Authority (FINRA) arbitration panel has ordered Charles Schwab & Co.
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Cybersecurity Breach at Edelman Financial Engines Highlights Growing Risks for Advisory Firms

March 31st, 2026 at 12:13 PM
A recent cybersecurity incident involving Edelman Financial Engines has drawn attention to the increasing number of cyberattacks targeting registered investment advisers, according to Financial Advisor News.
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Cash Sweep Litigation Continues to Drive Legal Costs

Cash sweep litigation continues to increase legal costs for wealth management firms despite the Securities and Exchange Commission's (SEC) decision under the Trump administration to close pending investigations without imposing enforcement penalties, according to AdvisorHub.

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FINRA Orders Centaurus Financial to Pay $1.1 Million Over Variable Annuity Supervision Failures

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August 12, 2026
Proposed FINRA Enforcement Reforms Draw Mixed Reactions From Industry Participants

A new report recommending changes to the Financial Industry Regulatory Authority's (FINRA) enforcement program has generated mixed reactions from investor advocates, securities attorneys and industry professionals, according to ThinkAdvisor.