By reviewing FINRA’s monthly disciplinary reports, press releases and online database, Eversheds Sutherland (US) Partners Brian L. Rubin and Adam C. Pollet identified the following key takeaways:
- In 2021, fines and restitution spiked despite a decrease in the number of cases compared with 2020
- FINRA continues to target specific areas, such as anti-money laundering violations, which for the sixth year in a row resulted in the largest amount of fines.
- Regulators appear to be gearing up for actions involving RegBI/Form CRS
