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.

regulatory

SEC

Stock market regulator

licensing · examination · oversight · enforcement · rules · regulations · self-regulatory · securities · supervision · audit

enforcement

arbitration

Non-court binding dispute resolution

bar · expulsion · complaint · investigation · disclosure · violation · fraud · churning · suitability · misrepresentation

licensing

qualification

Required skill or condition

termination · transfer · principal · supervisor

investor-protection

mediation

Intervention to resolve conflict

restitution · compensation · ombudsman · education · alerts · warnings · scam · recovery

Opposites
regulatory structure

FINRASEC

Stock market regulator

Federal Reserve · self-regulation · government agency · deregulation · Treasury Department

regulatory vs. unregulated

FINRAshadow banking

Unregulated credit intermediation

offshore finance · DeFi · black market · NFA

regulated vs. regulator

FINRAbroker-dealers

Securities transaction intermediaries

Familiarity
Top 1,000,000
Profile
Mostly American · Timeless · Rated G