FINRA Cracking Down on Broker Misconduct
Friday, March 12, 2021 On March 10, the Financial Industry Regulatory Authority (FINRA) issued Regulatory Notice 21-09 announcing FINRA’s adoption of new rules to address brokers with a significant history of misconduct and the broker-dealers that employ them. FINRA adopted the following rules: Amendments to the Rule 9200 Series (Disciplinary Proceedings) and the Rule 9300 Series (Review of Disciplinary Proceeding by National Adjudicatory Council and FINRA Board; Application for SEC Review) authorize Hearing Officers to impose conditions and restrictions on disciplined Respondent...
Source: natlawreview.com