Series 82: 4.7.2. Sanctions

4.7.2.  Sanctions

FINRA may impose the following sanctions on a member firm or associated person for any violation of federal securities laws, rules, regulations, FINRA rules, or for any neglect or refusal to comply with a FINRA order, direction, or decision:

•Censure or fines

•Suspension or expulsion

•Prohibition of associating with other member firms

•Imposition of a temporary cease and desist order

•Any other fitting sanction

Upon seven days’ written notice, FINRA may suspend or expel any member firm or associat