A new report from law firm Eversheds Sutherland analyzing the Financial Industry Regulatory Authority’s 2025 enforcement activity showed that while the number of cases fell significantly, the value of overall sanctions jumped—driven largely by a single, outsized penalty.
FINRA reported 431 disciplinary actions in 2025, down 22% from 552 in 2024, continuing a multi-year downward trend. At the same ...
Steelman: The article presents a realistic and credible narrative about FINRA's enforcement activity in 2025. It highlights a decrease in the number of enforcement actions and an increase in total monetary sanctions, with the latter being largely driven by a single, large fine against Robinhood Financial and Robinhood Securities for supervisory failures and anti-money-laundering violations. The article also discusses factors contributing to the decline in cases, such as a strong stock market env...