We are requesting comment on potential enhancements to our short sale reporting program. Comments must be received by August 4, 2021.
Learn more: bit.ly/2TJmKKj
FINRA has fined Apex Clearing Corporation $3.2 million for violations related to its fully paid securities lending program.
This is the first time FINRA has charged a firm with violating FINRA Rule 4330, which establishes permissible use of customers’ securities to ensure
FINRA has received a number of questions relating to a corporate action and trading halt in MMTLP. Learn more about how corporate actions and trading halts are processed as well as specific information related to MMTLP: bit.ly/3YNHYCp
JUST IN: We have fined Robinhood $57 million and ordered the firm to pay approximately $12.6 million in restitution, plus interest, to thousands of harmed customers.
Learn more ▶️ bit.ly/3qAuYkd
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We have fined BofA Securities $24 million for engaging in more than 700 instances of spoofing through two former traders in U.S. Treasury secondary markets and related supervisory failures spanning more than six years.
Learn more: bit.ly/3N600wO
Today, we announced that we have expelled broker-dealer SW Financial for multiple violations, including making misrepresentations to customers in its sales of private placement offerings of pre-IPO securities, churning customer accounts, and failing to supervise its
FINRA and other securities regulators inside and outside the U.S. are increasingly concerned about a new twist on the classic pump-and-dump scheme—the ramp-and-dump. Learn more about this stock manipulation scheme: bit.ly/3zjvurR
We’ve modified our Investor Insights article about corporate actions, trading halts and MMTLP. For additional information, please see the Note at the bottom of the article: bit.ly/3YNHYCp
We have published a supplemental FAQ with additional information relating to a corporate action and trading halt in the Series A Preferred Shares of Meta Materials that traded under the symbol MMTLP.
Learn more ▶️ bit.ly/3QqooKj
There has been significant growth in the number of financial products, primarily ETPs, that are linked to, and seek to track, the performance of alternatively weighted indexes—often referred to as "smart beta" indexes. Here's what you need to know ▶️ bit.ly/3dCq5EH
We are reminding member firms of longstanding SEC and FINRA rules and guidance concerning best execution and payment for order flow. Learn more: bit.ly/3gVA1Hy
Have you ever received an unexpected text or direct message from a stranger? Don’t trust it—it might be the first step in a “pig butchering” scam.
Avoid becoming a victim of a pig butchering type scam by learning the red flags and how to protect yourself: bit.ly/3wluB0A
