Skip to Primary Navigation

FINRA disciplinary action update 2024/15

Montage of person walking by the FINRA sign.
GRIP Montage: Getty Images

Disciplinary decisions issued April 13 – 19, 2024.

Former associated person suspended and fined for alleged unauthorized discretionary trading in customer accounts

Flow Traders censured and fined for alleged financial risk management failures

The firm did not put in place reasonably designed pre-set capital thresholds and supervisory procedures. The pre-set capital thresholds were set too high and did