FINRA News and Updates
California trader pleads guilty in securities spoofing case
A Northern California trading case is moving toward sentencing after a guilty plea tied to alleged market manipulation across several years. Prosecutors say the conduct involved more than 3,000 ...
Onyx Odds raises $20 million as sports prediction market competition intensifies
Prediction markets operators are drawing fresh capital as competition expands across sports wagering and event-based trading in the U.S. Onyx Odds says it has raised $20 million in a Series A ...
Graham Corp. gains analyst support as SpaceX IPO lifts space supply chain outlook
Investor optimism around the commercial space market is boosting attention on smaller industrial suppliers with exposure to major launch and defense programs. Graham Corporation is drawing ...
FINRA expels Reid & Rudiger, bars cofounders over excessive trading violations
The enforcement action targets nearly six years of trading activity that FINRA says harms retail customers through high-cost strategies and repeated account turnover. The case also extends to ...
FINRA board backs four rule changes under modernization push
FINRA is advancing a broader overhaul of its regulatory framework after its Board of Governors met on June 3-4 in Washington. The board approved four rule proposals and the 2025 Annual Financial ...
Blackstone Private Credit Fund gets SEC staff relief on share class sales charge calculations
Blackstone Private Credit Fund receives SEC staff assurance that it would not face a recommendation for enforcement action if it issues multiple share classes under its exemptive order without ...
SEC investor committee reviews private fund redemption risks and passive voting concentration
The U.S. securities regulator is using its Investor Advisory Committee meeting to examine how investors understand complex private market products and how large passive fund managers influence ...
Andrew Left conviction exposes $21 million stock manipulation scheme
Federal prosecutors have secured a jury conviction against activist short seller Andrew Left in Los Angeles over a long-running securities fraud scheme tied to his market-moving stock commentary. ...
FINRA industry snapshot shows firm concentration and record U.S. trading activity
The U.S. securities industry continues to expand in headcount while trading volumes reach new highs, even as the number of firms keeps shrinking. FINRA says its 2026 Industry Snapshot highlights a ...
