FINRA member Nomura fined for books and records failings
The investment banking and brokerage services firm overstated its daily net capital by misclassifying 5,657 reverse repos.
Disciplinary decisions issued July 4 – 31, 2026.
SEC Rule 17a-4(f)
Stipulates that the records required to be maintained and preserved pursuant to Rule 17a-3 and Rule 17a-4 must be immediately produced or reproduced by way of a recordkeeping system or micrographic media by a designated officer, specialist or affiliated third party.
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Broker-dealer charged with recordkeeping lapses in its underwriting
The SEC said CGMI willfully violated recordkeeping requirements concerning expenses the firm incurred in its underwriting business.
Arm & Hammer claws back comp from a top executive over deleted text messages
Marketing chief was stripped of stock awards because he deleted business related texts on his personal phone.
Latest News
At the FINRA Annual Conference this year, panelists highlighted trends such as those involving investor scams, Reg S-P, and e-communications.
A security checklist for regulated Industries.
Disciplinary decisions issued January 31 – February 6, 2026.
FINRA noted the case involved "at least 3,560 text messages" about firm business, including sensitive personal information and investment advice.
Disciplinary decisions issued January 24 – 30, 2026.
FINRA's complaint outlines a detailed list of alleged violations, ranging from AML failures to electronic communications archiving shortcomings.
Disciplinary decisions issued January 1 – 16, 2026.
