Products May 16, 2011
FINRA Launches Fiduciary Actions Database
May 16, 2011 (PLANSPONSOR.com) - The Financial Industry Regulatory Authority (FINRA) announced the launch of the FINRA Disciplinary Actions Online database, a Web-based searchable system that makes its disciplinary actions accessible via its Web site at www.finra.org.
Reported by Rebecca Moore
A press release said the database enables users to perform searches for FINRA actions free of charge, seven days a week. Users may search for actions by case number, document text, document type, action date (by date range), a combination of document text and action date, individual name and Central Registration Depository (CRD) number, or firm name and CRD number. The documents can be viewed online, printed, or downloaded as text-searchable PDF files.
The new database makes available disciplinary action documents including Letters of Acceptance, Waivers and Consent (AWCs), settlements, National Adjudicatory Council decisions, Office of Hearing Officer decisions and complaints.
BrokerCheck reports will now link to disciplinary actions housed in the system, as it currently does for arbitration awards in the Arbitration Awards Online database. Beginning June 15th, FINRA Monthly Disciplinary Actions will also link each write-up to its corresponding action in the database.
The new database makes available disciplinary action documents including Letters of Acceptance, Waivers and Consent (AWCs), settlements, National Adjudicatory Council decisions, Office of Hearing Officer decisions and complaints.
BrokerCheck reports will now link to disciplinary actions housed in the system, as it currently does for arbitration awards in the Arbitration Awards Online database. Beginning June 15th, FINRA Monthly Disciplinary Actions will also link each write-up to its corresponding action in the database.