Blog & Investigations

WASHINGTON—The Financial Industry Regulatory Authority (FINRA) issued a new investor alert called Private Placements—Evaluate the Risks before Placing Them in Your Portfolio to caution investors that investing in private placements is risky and can tie up their money for a long time.…

FINRA has issued Regulatory Notice 13-31 to provide guidance to brokerage firms, financial advisors and other securities industry employees regarding the revised “suitability” rule that became effective in July 2013. The suitability rule mandates that when brokerage firms and financial…