-
Three firms and an individual were fined a total of $187,500 for a range of rule violations related to the use of alternative trading systems, spending during rating agency trips, unsuitable trading, and untimely reporting of munis.
January 12 -
Best execution, suitability, and other areas of concern for the municipal as well as corporate markets are among FINRA regulatory and exam priorities for 2018.
January 10 -
The Board said "filtering" bids and offers can hurt retail investors, liquidity, and market efficiency.
January 3 -
The SEC's muni enforcement focus in 2018 will include offering and disclosure-related fraud, broker-dealer abuses, municipal advisor misconduct, public corruption, and pay-to-play practices.
December 26 -
FINRA said Philip Fluegge violated its rules when he sold shares in municipal fund securities.
December 14 -
Mehran Tazhibi agreed to pay a $10,000 fine and be suspended for two months.
November 17 -
Muni market participants may not be ready in time to implement a pending markup disclosure rule on which regulators place huge importance.
November 7 -
Ameriprise Financial Services, Cabrera Capital Markets, R. Seelaus & Co., Performance Trust Capital Partners, and Murray Sinclaire of Ross Sinclaire & Associates signed settlement agreements.
October 16 -
FINRA dings firms for failing to report muni trades, trading below minimum denominations.
September 14 -
A compliance outreach program for municipal advisors is to be held on Nov. 8 by three regulators.
September 11