For the first time in history, the Financial Industry Regulatory Authority (FINRA) has brought enforcement actions against two advisors for cheating on remote qualification exams. 

The two advisors signed a Letter of Acceptance, Waiver, and Consent (AWC) without admitting or denying the allegations. According to FINRA's Enforcement Department head and executive vice president, Jessica Hopper, the enforcement action puts exam cheaters on notice.  Hopper shared that FINRA remains vigilant in its efforts to detect cheating and will vigorously pursue disciplinary actions regardless of the testing environment. 

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