Citigroup unit to pay $500,000 in age bias case

Posted by Reuters: Business News on January 31, 2012

(Reuters) – A unit of Citigroup must pay $500,000 to a former branch manager who alleged the company fired him because of his age, according to a decision by a Financial Industry Regulatory Authority arbitration panel.

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FINRA Sanctions 8 Firms, 10 Individuals for Due Diligence Failures in Private Placements

Posted by The PIPEs Report on November 30, 2011

The Financial Industry Regulatory Authority said it sanctioned eight broker-dealer firms and 10 indi…
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FINRA, OSC Sign Cooperation Agreement

Posted by admin on November 18, 2011

The Financial Industry Regulatory Authority (FINRA) in the U.S. and the Ontario Securities Commissio…
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FINRA Ordered to Hire Consultant, Take Other Measures to Prevent Document Alteration Before SEC Inspections

Posted by The PIPEs Report on October 27, 2011

The Financial Industry Regulatory Authority agreed to hire an independent consultant and to take mea…
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FINRA Pressure on Penny Stock Clearing Said to Limit Capital Raising By Smallest PIPE Issuers

Posted by The PIPEs Report on October 26, 2011

More than two-and-a-half years have passed since the Financial Industry Regulatory Authority unoffic…
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FINRA Fines UBS Securities $12 Million for Regulation SHO Supervisory Systems Failures

Posted by The PIPEs Report on October 25, 2011

The Financial Industry Regulatory Authority fined UBS Securities $12 million for its alleged failure…
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FINRA Doesn't Have Authority to Enforce Its Fines Through The Court System, Appellate Court Rules

Posted by The PIPEs Report on October 13, 2011

A federal appeals court has ruled that the Financial Industry Regulatory Authority overstepped its a…
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FINRA Submits Less Onerous Proposed Rule Governing Private Placements

Posted by The PIPEs Report on October 11, 2011

The Financial Industry Regulatory Authority has submitted new rules for its members who arrange priv…
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OTCBB Sale to Rodman Expected in First Quarter

Posted by admin on November 3, 2010

The Financial Industry Regulatory Authority (FINRA) and Rodman & Renshaw Capital Group said the …
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Citi faces FINRA fine over derivatives deals: source

Posted by Reuters: Business News on October 12, 2009

NEW YORK (Reuters) – Citigroup Inc is expected to be fined $600,000 by the Financial Industry Regulatory Authority over derivatives transactions that helped foreign clients avoid taxes on dividends, a source familiar with the matter said on Sunday.

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