Monday, October 23, 2017

FINRA Fines on Pace to Drop 73% in 2017

FINRA appears to be softening its enforcement actions in 2017, as it’s on pace to deliver only a fraction of the fines it reported last year. During the first half of 2017, FINRA imposed $23.4 million in fines, compared to $79.4 million a year earlier, according to law firm Eversheds Sutherland.

If FINRA continues to assess fines in 2017 at the current rate, the year-end fines would total approximately $47 million, which would represent a 73% decrease from the total fines reported in 2016, and the lowest total since 2010, when FINRA ordered $42 million in fines."


FINRA Fines on Pace to Drop 73% in 2017
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