FINRA: The Watchdog of U.S. Broker-Dealers
FINRA is a private, congressionally-authorized watchdog overseeing all U.S. broker-dealers. No exceptions. The organization enforces a massive rulebook, conducts inspections, and requires licensing exams for financial professionals. They’re relentless about capital requirements and annual audits. FINRA also offers arbitration services for investor disputes and maintains public records through BrokerCheck. Think of them as Wall Street’s…
