FINRA is on track to set a new record for fines it assessed against firms and individuals, according to a study released by law firm Sutherland Asbill & Brennan.

During the first half of 2016, the regulator reported $79.4 million in fines, up from $37.5 million in the same period last year. If it continues to levy fines at the current rate, its year-end total could easily hit $159 million and shatter its 2014 record of $134 million, the study found.

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