FINRA Fines Continued To Climb With 15% Uptick In 2012

Law360, New York (March 13, 2013, 8:41 PM EDT) -- The Financial Industry Regulatory Authority brought close to 4 percent more disciplinary actions in 2012, but its fines jumped by 15 percent to a whopping $78 million last year, according to a Sutherland Asbill & Brennan LLP report Tuesday.

The fines, which increased for the second consecutive year, shot up from $68 million in 2011, albeit at a relatively smaller rate than in 2011, when it had shot up over 50 percent from its 2010 figure, according to the report. Still, it marked a steady climb...
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