Updated Wednesday, August 27, 2014 as of 10:58 AM ET

FINRA Regulator Resigns After 1993 Bingo Fraud Leaked

(Bloomberg) -- A top official for the Financial Industry Regulatory Authority resigned after the agency was informed he was indicted for felony theft and charitable bingo fraud in 1993, the year he joined the agency.

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Comments (1)
Is this a "lack of due diligence" by FINRA or failure to report a material issue by Atkins? Either would have been FIRNA violations. What are we to do about this duplicity? Is the FINRA standard is acceptable?
Posted by Doug S | Monday, June 17 2013 at 12:38PM ET
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