FINRA

On March 6, 2025, FINRA issued an “investor insight,” discussing the emergence of “smishing” scams, a type of cybersecurity fraud that is perpetrated through fraudulent text messages. The term “smishing” is from the combination of “SMS” (short message service, i.e.,...

On December 20, 2024, FINRA issued a news release concerning an order it issued to three firms - Edward Jones, Osaic Wealth, Inc. and Cambridge Investment Research, Inc. — to pay restitution to customers of more than $8.2 million harmed by the firms’ failures to...