Financial Industry Regulatory Authority, Inc.
Company Information

Financial Industry Regulatory Authority, Inc. Company Profile

FINRA is one of the long arms of the law for the securities industry. A non-governmental regulatory authority, FINRA regulates all securities firms (roughly 4,300) that conduct business in the US. Its activities include writing and enforcing rules; enforcing federal securities laws; licensing and registering brokerages and private equity firms; and providing educational information and arbitration services to investors. The regulator works with the SEC and the Fed and possesses the authority to issue fines and bar violators, among other punitive actions. FINRA was formed in 2007 from the consolidation of the National Association of Securities Dealers and certain regulatory and enforcement elements of the NYSE.