Principal FINRA Disciplinary Rules: Obligations to Customers | Practical Law
A Practice Note that provides an overview of the principal disciplinary rules of the Financial Industry Regulatory Authority (FINRA) concerning member firms' and associated persons' obligations to customers. Specifically, this Note summarizes the obligations, specifies the common disciplinary action respondent (firm or individual), describes the sanctions FINRA recommends if it finds a violation, and briefly discusses recent illustrative disciplinary actions and settlements.