We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

FINRA Sanctions On Rise As Fines Drop, Study Says

Law360 (March 1, 2011, 4:50 PM EST) -- The Financial Industry Regulatory Authority is bumping up the number of disciplinary actions it issues even as it fines firms and broker-dealers less money overall, according to a survey released Monday.

FINRA's disciplinary actions shot up by 13 percent in 2010 to 1,130, compared to 1,158 in 2009, according to the results of an annual study by Sutherland Asbill & Brennan LLP.

That was a reverse of the slowdown in disciplinary actions filed between 2006 and 2008, when there were about 1,200 or fewer filed each...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.