AThe Financial Industry Regulatory Authority, aka FINRA, is a non-profit Delaware corporation. It was formed in 2007 by the combination of the National Association of Securities Dealers, Inc. and the regulatory arm of the New York Stock Exchange,...
Is The End Of FINRA Drawing Nigh?
Posted on October 24, 2022
BrokerCheck - FINRA's Dread Permanent Record
Posted on November 06, 2017
Many a school child has received the awful warning to be careful lest some offense be entered on his or her "permanent record". As required by statute (15 U.S.C. § 78o-3(i)), the Financial Industry Regulatory Authority, Inc. (aka FINRA) has...
Ninth Circuit Accords Chevron Deference To The SEC, What Would Judge Gorsuch Say?
Posted on February 07, 2017
Last week, I noted that Judge Gorsuch has expressed a certain skepticism of Chevron deference. The next day, the Ninth Circuit Court of Appeals held that the Securities and Exchange Commission's interpretation of Section 19(d)(2) of the Securities...