FINRA @FINRA

FINRA’s Board of Governors met on Sept. 29-30 and approved four rule proposals for filing with the SEC and received briefings on key initiatives, including FINRA's ongoing rule modernization efforts. ▶️ Learn more: bit.ly/4ylOQZw

Now available: Three new and enhanced tools to help investors navigate the markets and recognize fraud. ➡️ The Market Data and Investments Explorer (MDIE) brings together market, product and company data with educational context to make market information and investing terms easier to understand. ➡️ The Risk Meter helps investors assess their susceptibility to investment fraud with a personalized fraud vulnerability rating and tips to strengthen their defenses. ➡️ The Scam Meter builds awareness of red flags and delivers insights into where an investor may benefit from additional vigilance. Learn more about FINRA's free investor resources: bit.ly/47gP0GK

FINRA has fined Revere Securities LLC $800,000 for anti-money laundering (AML) and supervisory violations related to small-cap initial public offerings (IPOs) for foreign-based issuers. As part of the settlement, FINRA also required Revere to retain a third-party consultant to conduct a review of compliance with FINRA rules, obtain a report from the consultant with recommendations on how to remediate its supervisory procedures and systems, and implement those recommendations. ➡️ Learn more: bit.ly/4jFK9WK

Executive Vice President and Chief Regulatory Operations Officer at FINRA, Greg Ruppert, shares in his latest blog how FINRA is strengthening regulatory oversight through its unified Regulatory Operations program. By bringing together key functions under one organization, FINRA is improving coordination, reducing duplication, and enhancing its ability to identify and address emerging risks. These efforts support greater organizational efficiency and stronger protections for investors and markets. 📄 Read the full blog: bit.ly/3TBnfFm

FINRA member firms should be aware of several vulnerabilities Citrix disclosed related to customer-managed Citrix NetScaler ADC and NetScaler Gateway, two programs designed to manage the delivery of applications across a network and provide secure remote access to a corporate network, respectively. Two are critical “zero-day” vulnerabilities that threat actors are actively exploiting. Successful attacks could allow a threat actor to execute code, disrupt services and gain unauthorized access to connected networks. ▶️ Learn more: bit.ly/4hYArxm

FINRA has barred Rudy Anguiano of Chino Hills, CA, a former registered representative of LPL Financial LLC, from associating with any FINRA member firm in all capacities for conversion—the intentional and unauthorized taking of another person's property—of $1,731,000 from two customers' accounts into an outside business bank account. LPL has since reimbursed both customers in full: bit.ly/4AFgO4W

Reliable resources can help investors make informed investment decisions. To support this, @FINRA and @NFA_News have cross-linked their investor protection databases, giving investors easier access to background information on financial professionals and firms across both the securities and derivatives industries. Access to trustworthy information can help investors protect themselves and invest with greater confidence. Learn more about these and other free, reliable investor resources: bit.ly/4rAWuxr

How can firms harness the benefits of AI while maintaining strong supervisory and compliance practices? FINRA recently hosted a roundtable where member firms discussed how they are using generative AI across surveillance, communications review, onboarding, account maintenance, marketing review and other areas. Participants highlighted AI's potential to improve efficiency and surface risk with more nuance and contextual insight than traditional tools. Observers from the @SECGov, @NFA_News and industry associations also attended. A consistent theme emerged: While AI can strengthen supervision and compliance, human accountability remains essential. Firms emphasized the importance of clear governance, accountable model owners, ongoing monitoring and human review of flagged activity. As AI capabilities continue to evolve, participants expressed a desire for practical, timely guidance that supports innovation and AI-driven efficiencies, including emerging agentic and autonomous capabilities, while preserving investor protection and strong supervisory safeguards. Learn more about FINRA's AI work: bit.ly/4hkFabr #AI #Compliance #RegTech #FinancialServices #InvestorProtection

FINRA has ordered American Portfolios Financial Services, Inc. to pay $1,232,939 in restitution, plus interest, to customers and has fined the member firm $400,000 for failing to reasonably supervise recommendations that customers sell unit investment trusts (UITs) before their maturity dates, which resulted in customers paying unnecessary costs and fees. Learn more: bit.ly/4ApNWh1

Final weeks to register for Week II of the FINRA Certified Regulatory and Compliance Professional (CRCP)® Program from November 15-20, 2026. Whether you’re completing your CRCP® journey or starting advanced-level regulatory education, you’ll join an exclusive network of compliance professionals committed to excellence. Register for Week II today ▶️ bit.ly/4qUEe0d

While pump-and-dump scams have been around for decades, they continue to evolve and impact investors. The basic framework of this type of fraud often involves three stages: the setup, the pump, and the dump. ⚠️ Learn the warning signs to help distinguish between a pump-and-dump scam and a legitimate investment: bit.ly/4y1DjiY

The $25,000 day trading threshold was a fixture of U.S. markets for more than two decades. Earlier this year, FINRA eliminated it entirely. On the latest episode of #FINRAUnscripted, Racquel Russell and James Barry break down the story behind FINRA's new intraday margin standard under Rule 4210: why the old rules existed, what made them obsolete, and what the change means for investors and member firms. 🎧 Listen here: bit.ly/4h4EZ4Y

Following a successful 2026 program, registration is now open for FINRA's 2027 Crypto Applied Learning Program at @msbgu. Join us June 8-10 for an immersive learning experience featuring: • Hands-on training with crypto and blockchain technology • Expert faculty from across the crypto asset space • Practical insights into compliance and regulation • Networking opportunities with industry peers ⌛Space is limited. Register today: bit.ly/4nH5kaZ

Market liquidity affects how easily you can buy or sell an investment at a fair market price. However, many factors can impact market liquidity, including security type, market stress and trading hours. Before you invest, learn ways you can plan for market liquidity risk. ▶️ Learn more: bit.ly/4gI6VLN

A panel of FINRA experts closed out the 2026 Financial Crimes and Cybersecurity Conference with a timely discussion on combating emerging threats, the importance of intelligence sharing, and more. Thanks to all our speakers and attendees for an engaging and successful event!

Yesterday, FINRA’s Greg Ruppert opened the 2026 FINRA Financial Crimes and Cybersecurity Conference with a powerful look at how our Financial Intelligence Fusion Center supports the more than 1,000 member firms that utilize it, protect their customers and their businesses. Catch up on what you missed!

📣 More than 1,000 firms, representing nearly one-third of FINRA members, have joined the FIFC to strengthen the industry's collective defense against cyber and fraud threats and help better protect investors. ▶️ Learn more: fifc.finra.org

As artificial intelligence (AI) grows in sophistication, so do cyber threats facing investors today. Deepfakes and vishing scams use AI technology to impersonate the voices and likenesses of real celebrities, investment professionals, loved ones and others in an effort to manipulate targets. Learning how these tactics work and red flags to look for can help you protect yourself from these scams. ▶️ Learn more: bit.ly/4epK4nf