On May 12, 2015 FINRA announced revisions to the Sanction Guidelines. The revisions focus on misrepresentations and suitability. Adjudicators are being urged to consider bars in instances of intentional or reckless fraud and expelling firms where aggravating factors are predominant. Please click here for a link to Regulatory Notice 15-15.
FINRA Revises Sanction Guidelines
May 13, 2015