Study reveals top 5 enforcement issues for FINRA in 2023

Study reveals top 5 enforcement issues for FINRA in 2023 · 1: Spoofing—appearing on the list for the first time; · 2: Trade reporting; · 3: Anti ...

Top 5 FINRA Enforcement Issues in 2023 Included Reg BI, Spoofing

Although the amount of fines increased, Rubin and Pollet found that the number of disciplinary actions and restitution orders continued its ...

FINRA's Top Enforcement Issues of 2023 | PLANADVISER

Eversheds noted that FINRA ordered 14 fines of $1 million or more, or what it calls “supersized” fines in 2023, compared to 11 such fines in ...

FINRA's Top 5 Fine Categories in 2023 - ThinkAdvisor

The number of cases reported by FINRA decreased again last year. "FINRA reported 453 disciplinary actions in 2023, a 9% decrease from the 496 ...

2023-finra-sanctions-study - Eversheds Sutherland

Our analysis found that the top five enforcement issues by total fine were (1) spoofing—making its first appearance ever on this list; (2) ...

FINRA's Top Enforcement Issues of 2023 - BISA Portfolio

The Financial Industry Regulatory Authority (FINRA) imposed a total of $89 million in fines on brokerage firms in 2023, a 63% increase from ...

Finra fines spike 63% in 2023: Report - Investment News

The top five enforcement issues as measured by total fines were: spoofing, which made its first appearance ever on this annual list; trade ...

FINRA Fines Up 63% in 2023 - Quest CE

Eversheds Sutherland's annual study of FINRA disciplinary actions in 2023 reveals ... Top Enforcement issues list. Trends Shifting. In 2023, FINRA ...

SEC and FINRA Broker-Dealer Enforcement: Recapping 2023 and ...

Many of the broker-dealer enforcement cases brought this past year were so-called “off channel communication” cases. ... Those investigations are ...

5 highlights from the year in enforcement - Financial Planning

Electronic messaging, Reg BI, crypto and fraud all appeared at the top of regulators' agenda this past year.

2023 FINRA Enforcement Fines Increased in Size and Quantity

No need to worry, FINRA is putting the $89 million of fines they collected in 2023 to good use. See a report of how they spent the fines from ...

SEC Announces Enforcement Results for Fiscal Year 2023

The Securities and Exchange Commission today announced that it filed 784 total enforcement actions in fiscal year 2023, a 3 percent increase over fiscal year ...

A 'kinder, gentler' FINRA — despite collecting $89M in fines

Eversheds Sutherland's 2023 report marks the first time Regulation Best Interest showed up in the firm's top five list of enforcement issues.

FINRA Issues 2023 Report on Its Examination and Risk Monitoring ...

The 75-page Report includes four new topic areas for 2023: (1) manipulative trading, (2) fixed income — fair pricing, (3) fractional shares — ...

2023 Report on FINRA's Examination and Risk Monitoring Program

FINRA continues to assess member firms' compliance with their best execution obligations under FINRA Rule. 5310 (Best Execution and ...

Statistics | FINRA.org

Regulatory Actions and Corporate Financing Review 2017 – 2023 ; Restitution (in millions), $7.5, $26.2 ; Firms Expelled · 5, 7 ; Firms Suspended, 4, 3 ; Individuals ...

FINRA Facts and Trends: September 2023 | Bracewell LLP - JDSupra

FINRA Enforcement Action Highlights Focus on Reg BI and Potential Liability for Chief Compliance Officers · Amicus Briefs Filed in Challenge to ...

FINRA's Top Enforcement Issues in 2022 - Terrapin Technologies

The securities law firm found that fines assessed by FINRA decreased from $103 million in 2021 to $45 million in 2022 — a 56% decrease. It ...

Disciplinary and Other FINRA Actions

of findings that he willfully violated the Best Interest Obligation under Rule 15l-1 of ... (October 5, 2023). FINRA Case #20230793153/ARB230013/.

US regulators step up Reg BI enforcement sharply as individuals ...

It marked the 22nd FINRA enforcement action citing Reg BI so far in 2023, after just eight cases the prior year, based on a search of the ...