Examples of FINRA Rules in a sentence
Causing a firm to enter false information in its books and records violates FINRA Rules 4511 and 2010.
Dakota Violated FINRA Rules 3110 and 2010 by Failing to Establish, Maintain, and Enforce a System of Written Procedures to Supervise Its Business and Associated Persons The Hearing Panel found that Dakota violated FINRA Rules 3110 and 2010 by failing to maintain a supervisory system adequate to ensure that Zipper did not associate with the firm during the Suspension Period and failing to adequately supervise the creation of the firm’s books and records.
Cause five alleged that Dakota and Zipper violated FINRA Rules 4511 and 2010, and that Dakota willfully violated Section 17(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Exchange Act Rule 17a-3 by misidentifying in Dakota’s books and records the representative of record for certain tradesentered before, during, and after the Suspension Period.
We find that Zipper caused Dakota to maintain inaccurate books and records, thereby violating FINRA Rules 4511 and 2010, and that Dakota maintained inaccurate books and records, thereby violating Exchange Act Section 17(a), Rule 17a-3 thereunder, and FINRA Rule 2010.
Cause three alleged that Dakota violated NASD Rule 1031, Article III, Section 3(b) of FINRA’s By-Laws, and FINRA Rules 8311 and 2010 by allowing Zipper to associate with the firm and engage in activities requiring registration while suspended and statutorily disqualified.Cause four alleged that Dakota violated FINRA Rules 3110 and 2010 by failing to establish and maintain a supervisory system reasonably designed to achieve compliance with applicable securities laws and regulations and FINRA rules.