RNR Securities LLC was fined $15,000 for failing to inspect its Office of Supervisory Jurisdiction (“OSJ”) properly. RNR Securities’ written reports concerning inspections of its OSJ branch and non-OSJ branch failed to evidence proper testing of RNR Securities’ policies and procedures. The report did not describe how the review was performed nor how RNR Securities determined that there were no issues or concerns.

Firm Fined Wealthforge Securities, LLC. Wealthforge Securities, LLC (“Wealthforge”) was censured, fined $100,000 and required to provide training to all personnel related to FINRA Rule 2210 for providing misleading statements to retail customers. The Firm was found to have distributed communications to retail customers that violated content standards of FINRA Rule 2210.