Updated Mar 25, 2021

According to a new study by Eversheds Sutherland, FINRA disciplinary actions show a surge in enforcement activity in 2020. What caught my eye was a dramatic increase in fines related to variable annuity cases—a 1062% increase! To put that in context, overall fines increased to $57 million from $40 million in 2019, a 43% increase. Top enforcement issues include:

  • Books and Records increased 663%
  • Trade Reporting increased 400%
  • Variable Annuities increased 1062%
  • Unregistered Securities increased 609%

Our infographic compares top enforcement issues from 2019 to 2020.

finra 2020 top enforcement issues

Source:  https://us.eversheds-sutherland.com/NewsCommentary/Press-Releases/240402/Annual-Eversheds-Sutherland-Analysis-of-FINRA-Disciplinary-Actions-Shows-Surge-in-Enforcement-Activity

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