• FINRA’S 2018 Disciplinary Harvest Bears More Fines
  • December 7, 2018 | Authors: Adam C. Pollet; Brian L. Rubin
  • Law Firms: Eversheds Sutherland (US) LLP - Washington Office; Eversheds Sutherland (US) LLP - Washington Office
  • With the changing seasons, it’s time to pull out your corduroy pants and flannel shirts and enjoy the crisp air, apple picking, and pumpkin spice lattes. To get into the spirit of autumn, the Financial Industry Regulatory Authority (FINRA) has been carving up higher fines while the amount of restitution and number of cases fall like the leaves.

    Eversheds Sutherland attorneys Brian Rubin and Adam Pollet recently conducted their semi-annual analysis of FINRA’s disciplinary actions for January to June 2018 by reviewing FINRA’s monthly Disciplinary and Other FINRA Actions. While most folks are enjoying football tailgating and looking forward to Major League playoffs (sorry, Nats fans…), FINRA appears poised to “squash” misconduct (so to speak) relating to certain program areas, such as anti-money laundering, trade reporting, and books and records.