The Financial Industry Regulatory Authority (FINRA) works to hold brokers accountable to their customers. One way they achieve this goal is by enforcing the rules and regulations issued by the United States Securities and Exchange Commission (SEC). But what happens if...
Month: January 2022
Will FINRA try to regulate crypto?
The Financial Industry Regulatory Authority (FINRA) is prepping to release its 2022 examination priorities. Some notable priorities thus far include how firms are engaging social media influencers to help market their brands, a tightening of rules around options...
SEC accuses electric car company of defrauding investors
The United States Securities and Exchange Commission (SEC) recently accused founder and former CEO Trevor Milton of Nikola, an electric car company, of securities violations. The government agency claims Mr. Milton used media appearances to provide investors with...
Mortgage broker defeats SEC: 3 things to learn
Insider trading cases generally involve using confidential information to help guide decisions to trade on the stock exchange. This practice is illegal and can come with serious penalties like monetary fees and even the potential for imprisonment. We have seen...