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FINRA Fines Firms for Rule Violations

FINRA has fined two firms, SG Americas Securities, LLC and Wedbush Securities Inc., a total of $240,000 for rule violations. The violations include inaccurate reporting of order handling and failure to maintain possession or control of customer securities. These actions were reported in FINRA's January 2026 disciplinary actions.

FINRA Fines Five Firms $585,000 for Reporting and Supervisory Violations

FINRA announced disciplinary actions against five firms in February 2026, imposing fines totaling $585,000. The actions address violations related to trade reporting accuracy, customer trade confirmations, and supervisory systems for employee outside brokerage accounts.

FINRA Disciplinary Actions for March 2026

FINRA has taken disciplinary actions against Independence Capital Co., Inc. and Dennis Clarence Twarogowski, resulting in fines, restitution, and suspensions for supervision failures and reporting errors. BNY Mellon Capital Markets, LLC was also fined for municipal securities reporting violations.

FINRA Adopts Amendments to Equity Trade Reporting Rules

FINRA has adopted amendments to its equity trade reporting rules, providing a limited, temporary exception for reporting qualifying overnight transactions executed before 8:00 a.m. Eastern Time. This exception will be effective from March 30, 2026, and will expire on December 31, 2027, or upon further extension of trade reporting facility operating hours.