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FINRA Enforcement Actions for Reg BI Violations Surge Past 2024 Levels

Posted on January 26th, 2026 at 3:28 PM
FINRA Enforcement Actions for Reg BI Violations Surge Past 2024 Levels

From the desk of Jim Eccleston at Eccleston Law

The Financial Industry Regulatory Authority (FINRA) already has brought more Regulation Best Interest cases in 2025 than it did during all of 2024, according to statements from the regulator’s top enforcement official and a review of FINRA’s disciplinary records by AdvisorHub.

Regulation Best Interest, which the Securities and Exchange Commission implemented in June 2020, requires broker-dealers and registered representatives to place a retail customer’s best interest ahead of their own when recommending securities transactions, investment strategies, or accounts. FINRA also emphasized that firms cannot satisfy the Reg BI standard of conduct through disclosure alone.

Taken together, AdvisorHub reports that the growing number of Reg BI cases signals that FINRA continues to sharpen its focus on best interest obligations, even as it navigates calls for regulatory reform and criticism over its enforcement priorities.

 

Eccleston Law LLC represents investors and financial advisors nationwide in securities, employment, transition, regulatory, and disciplinary matters.

Tags: eccleston, eccleston law, finra

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