finra

Why We Could Easily Have Another Flash Crash

It's been a great year for stocks, which could make some grow complacent. But before you run with the bulls, be warned: Our markets aren'€™t safe from another flash crash.

Millions of Us Are Throwing Away Free Money

In these tough times, why would anyone pass up money for nothing? Inquiring minds at FINRA want to know -- because many of us are. According to research by Aon Hewitt, nearly 30% of 401(k) participants are not contributing enough to scoop up their full employer match.

The Financial Landscape: BAC Settles, FINRA Flexes

Bank of America will soon finalize an $8.5 billion agreement to settle investor claims that Countrywide sold them lousy mortgage-backed securities before the housing bust. Meanwhile, private regulator FINRA is angling to take over the watchdog role for registered investment advisers.

Stock-Based Loans: Quick Cash, but Watch Your Assets

If you need cash and have investments you don't want to sell, a stock-based loan may sound like a good idea. But the unregulated stock-based loan industry can be a risky way to tap into the value of your portfolio, warns the Financial Industry Regulatory Authority.

Want to Become a Saver? Check These 10 Best Online Resources

If you wish you could become a saver and investor, but you don't know where to begin, the Alliance for Investor Education wants to help: As part of its America Saves Week, the AIE has released its list of the top 10 online resources to help consumers build up their savings.

Is It Time to Dump Your Financial Adviser?

Your investment adviser is an important partner in your life -- after all, who knows your intimate financial details better? It's an intensely personal, yet professional, relationship. But what happens when you discover that it's not an ideal marriage?

Goldman Sachs Fined by FINRA for Disclosure Delays

Goldman Sachs has been fined $650,000 by the Financial Industry Regulatory Authority for failing to properly disclose to regulators that two of its executives were going to be investigated by the Securities & Exchange Commission, FINRA announced Tuesday.

Kobliner, Ketchum Among Obama Appointees for 'Financial Literacy' Council

New York Times bestselling author Beth Kobliner and Richard Ketchum, CEO of the Financial Industry Regulatory Authority (FINRA) are among the dozen people President Barack Obama appointed to a new administration council designed to improve what the President calls "financial literacy" among American consumers.

Dallas's JR Lassos $11.5 Million in Damages from Citigroup

Citigroup is on the hook for $11.5 million in damages after losing an arbitration case against actor Larry Hagman, best known for his role as J.R. Ewing in the television series "Dallas," who had accused the bank of fraud and misconduct.

Tips for Vetting an Investment Adviser

The Bernard Madoff scandal made a lot of people wonder if they'd checked out their brokers or advisers thoroughly enough. If you haven't gone through the steps to vet the person who's holding your hand when it comes to your investments, here's where to start.

The Securities Arbiter Shouldn't Expand

FINRA says it's "an independent regulatory organization empowered by the federal government to ensure that America's 90 million investors are protected." Nothing could be further from the truth. And now it wants to extend its biased arbitration powers to new areas.