FINRA Board Weighs Pulling Back Fee Increases
FINRA is currently discussing a potential revision to its previously approved five-year fee increase for member firms, prompted by higher revenue from transaction volumes. This development could lead to a rollback or adjustment of fees, potentially easing financial burdens on broker-dealers and, by extension, financial advisors operating within those firms.
Read full article at wealthmanagement-comWant the full daily Briefing?
30 stories like this every day, with Action Required call-outs and direct lines to ask Aria — finsay's AI compliance assistant.
Try free for 14 daysRelated stories
- Robinhood Wins Form CRS Relief from SEC on Trump Accounts
Robinhood received specific relief from the SEC regarding its Form CRS disclosure for unique 'Trump Accounts,' citing potential confusion du…
- Judge Halts Review of Advisors' Devices in LPL/Ameriprise Dispute
A judge has halted a request to search advisors' devices for client data following their move from Ameriprise to LPL, deeming it unnecessary…
- SEC Charges 21 Individuals with Alleged Wide-Reaching Insider Trading Scheme
The SEC has charged 21 individuals in a decade-long insider trading scheme, highlighting the commission's ongoing enforcement efforts agains…