Review:
Financial Industry Regulatory Authority (finra)
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
The Financial Industry Regulatory Authority (FINRA) is a private corporation that acts as a self-regulatory organization for brokerage firms and exchange markets in the United States.
Key Features
- Regulates brokerage firms
- Enforces rules and regulations
- Provides education and training programs for industry professionals
- Handles arbitration and mediation of disputes
- Monitors market activity
Pros
- Helps protect investors by ensuring fair practices in the financial industry
- Provides a platform for resolving disputes between investors and brokers
- Offers resources and guidance to industry professionals
Cons
- Some critics argue that FINRA's oversight may not go far enough in preventing fraud or misconduct