Free Site Registration

FINRA’s Fines Down, Restitution Ordered Up

Traders Magazine Online News, January 8, 2013

Tom Steinert-Threlkeld

The independent regulator of brokerages said it assessed $68 million in fines in 2012, down 5.4% from 2011. But the amount of money it ordered firms and individuals to pay back customers harmed by their actions was up 75.3%, to $34 million.

Get access to this article and thousands more...

All articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?