Financial Industry Regulatory Authority

M1 Finance FinRA Fine Highlights Regulators’ Move to Tighten Grip on ‘Finfluencers’
M1 Finance FinRA Fine Highlights Regulators’ Move to Tighten Grip on ‘Finfluencers’
March 19, 2024  |  Regulation

Social media platforms like TikTok have transformed into vital sources of financial information, particularly for millennials and Gen Zs, with nearly 80% of these demographics seeking advice...

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SEC Charges Merrill Lynch and BACNAH for Failing to File Suspicious Activity Reports
SEC Charges Merrill Lynch and BACNAH for Failing to File Suspicious Activity Reports
July 11, 2023  |  Security & Fraud

The Securities and Exchange Commission (SEC) has announced charges against investment firm Merrill Lynch, Pierce, Fenner & Smith and its parent company BAC North America Holding Co. The charges,...

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Former Investment Banker Charged in Connection With Alleged Crypto Fraud
Former Investment Banker Charged in Connection With Alleged Crypto Fraud
April 11, 2023  |  Security & Fraud

A former investment banker has been arrested and charged with wire fraud in connection with an alleged cryptocurrency fraud. Rashawn Russell, who was a Financial...

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FINRA Debuts Tougher Money Laundering Rules
FINRA Debuts Tougher Money Laundering Rules
September 30, 2022  |  AML

The Financial Industry Regulatory Authority (FINRA), a Wall Street regulator, has issued new guidance for broker-dealers on the penalties they could face for violating anti-money...

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Bitcoin Daily: FINRA Files First Crypto Disciplinary Action; Paris Soccer Team Plans ‘Fan Token Offering’
Bitcoin Daily: FINRA Files First Crypto Disciplinary Action; Paris Soccer Team Plans ‘Fan Token Offering’
September 12, 2018  |  Bitcoin

Blockchain payment network GRAFT has reached a “critical milestone”: the group said that it has received an end-to-end transaction that took under 2 seconds on...

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