1/9/2013

Richard Ketchum, head of the Financial Industry Regulatory Authority, says the agency will increase scrutiny of high-speed trading, complex products, leveraged loans, collateralized loan obligations and conflicts of interest among brokers when they pitch their investments over rivals' products. FINRA filed more than 1,500 enforcement actions against brokers and financial firms last year -- a record -- and imposed more than $100 million in penalties.

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