Articles Posted in Interactive Brokers

FINRA Fines Interactive Brokers $650,000 for Options Approval Failures
Iorio Law PLLC

The Financial Industry Regulatory Authority (FINRA) has fined Interactive Brokers LLC $650,000 and issued a censure after finding that the online brokerage firm failed to exercise proper due diligence before approving certain self-directed customers to trade options. The sanctions stem from deficiencies that spanned more than five years, between November 2019 and December 2024, and…

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