According to FINRA, G.research, LLC was censured, fined $30,000, and required to certify remediation of its Form CRS compliance issues.

Form CRS (Customer Relationship Summary) is a disclosure document that broker-dealers must provide to retail investors. It includes important information about the firm's services, fees, conflicts of interest, and disciplinary history. The form helps investors make informed decisions about whether to establish a relationship with a financial firm.

FINRA found that G.research willfully violated securities laws by providing an inaccurate response to the disciplinary history question on its Form CRS. The firm and four of its control affiliates had prior reportable legal or disciplinary history, but the firm failed to answer 'Yes' to this question or direct investors to Investor.gov/CRS where they could research the firm's history.

The firm did not correct this inaccuracy until almost three years after its initial Form CRS filing, meaning investors were deprived of this material information during that period.

Additionally, the firm's written supervisory procedures contained no provisions relating to Form CRS for over a year after the implementation date. Even after updating the procedures, they failed to identify who was responsible for Form CRS compliance and did not prescribe procedures for reviewing whether updates were required or whether the form included all required information.

Investors should always review a firm's Form CRS and check BrokerCheck and Investor.gov for complete information about a firm's and representative's regulatory history before investing.