The Financial Industry Regulatory Authority (FINRA) recently suspended and fined a broker for a social media violation involving equity index annuities writes Elizabeth Festa in a recent article for LifeHealthPro. The registered representative publicly released videos through YouTube, sending out invitations to seminars and letters regarding bonus incentives that did not comply with FINRA’s rules, […]

In a March 12th., 2012, article in InvestmentNews.com, Mark Schoeff, Jr., writes that enforcement actions and fines by the Financial Industry Regulatory Authority Inc. or Finra, jumped sharply in 2011, with the latter rising to $68 million, from $45 million in 2010, a new study shows. The greatest proportion of that figure was penalties for […]