3 ms·
No, FINRA is an SRO, meaning they effectively police and audit the securities industry. FINRA takes guidance from the SEC and enforces the rules by way of fin
by chews 5y ago
No, FINRA is an SRO, meaning they effectively police and audit the securities industry.
FINRA takes guidance from the SEC and enforces the rules by way of fines, separate from any action of the SEC.