Recordkeeping fines and actions
A list of the institutions fined for recordkeeping failures involving at least some combination of texts, WhatsApp messages, and audio files, if not other communications formats, since September 2020.
Overview
Notable
Latest News
Further Reading
Notable
16 firms agree to settle charges for off-channel comms recordkeeping lapses
More fines have been issued by the SEC for failure to preserve electronic communications.
Eleven firms fined $711m for "evasive communications" practices
The CFTC has fined 11 Wall Street firms $711m for recordkeeping failures. Violations “well known” within firms.
Latest News
More on FINRA Rule 4511
-
FINRA disciplinary action update 2025/13
Disciplinary decisions issued March 29 – April 4, 2025.
-
FINRA disciplinary action update 2025/12
Disciplinary decisions issued March 22 – 28, 2025.
-
FINRA disciplinary action update 2025/11
Disciplinary decisions issued March 15 – 21, 2025.
-
FINRA disciplinary action update 2025/9
Disciplinary decisions issued March 1 – 7, 2025.
-
FINRA fines Robinhood $26m for over a dozen rules violations
Among other things, FINRA alleged that Robinhood failed to establish adequate anti-money-laundering programs or reasonably supervise and retain certain communications.
-
FINRA disciplinary action update 2025/8
Disciplinary decisions issued February 22 – 28, 2025.
-
FINRA disciplinary action update 2025/6
Disciplinary decisions issued February 8 –14, 2025.
-
FINRA disciplinary action update 2025/4
Disciplinary decisions issued January 25 – 31, 2025.
