Commentary Mar. 6, 2014
Reading The FINRA Enforcement Tea Leaves
For several years the FINRA enforcement arm grew bigger and bigger. Its staff increased. The number of actions increased. The number of fines increased. The number of bars and suspensions increased. And the number of litigations/arbitrations was on the rise. Last year, however, appears to have finally fared better for the brokers. What do those numbers mean?