FINRA
Securities industry overseer
FINRA is the Financial Industry Regulatory Authority, a private organization that regulates brokerage firms and securities professionals in the United States.
It operates under SEC oversight but is not a government agency.
FINRA administers licensing exams, enforces securities rules, and investigates misconduct: He passed his FINRA Series 7 exam, The firm was fined by FINRA for improper sales practices.
Stock market regulator
- broker-dealerLicensed securities trading entity
- complianceAdhering to requirements
- registrationFormal recording of participation
- licensingGranting official permission
examination · oversight · enforcement · rules · regulations · self-regulatory · securities · supervision
Non-court binding dispute resolution
- disciplinaryRelated to enforcing rules
- fineAcceptable in quality
- suspensionTemporary halt or exclusion
- barDrinking establishment
expulsion · complaint · investigation · disclosure · violation · fraud · churning · suitability
Required skill or condition
- examFormal knowledge assessment
- fingerprintingRecording unique digit patterns
- sponsorshipFunded endorsement arrangement
- terminationAct of ending something
Intervention to resolve conflict
- suitabilityState of being apt
- disclosureAct of revealing information
- transparencyState of being see-through
- restitutionRestoring what was lost
compensation · ombudsman · education · alerts · warnings · scam · recovery
SEC
Stock market regulator
- broker-dealerLicensed securities trading entity
- complianceAdhering to requirements
- registrationFormal recording of participation
licensing · examination · oversight · enforcement · rules · regulations · self-regulatory · securities · supervision · audit
arbitration
Non-court binding dispute resolution
- disciplinaryRelated to enforcing rules
- fineAcceptable in quality
- suspensionTemporary halt or exclusion
bar · expulsion · complaint · investigation · disclosure · violation · fraud · churning · suitability · misrepresentation
qualification
Required skill or condition
- examFormal knowledge assessment
- fingerprintingRecording unique digit patterns
- sponsorshipFunded endorsement arrangement
mediation
Intervention to resolve conflict
- suitabilityState of being apt
- disclosureAct of revealing information
- transparencyState of being see-through
restitution · compensation · ombudsman · education · alerts · warnings · scam · recovery
FINRASEC
Stock market regulator
Federal Reserve · self-regulation · government agency · deregulation · Treasury Department
FINRAshadow banking
Unregulated credit intermediation
offshore finance · DeFi · black market · NFA