Investment Firms Decreased in the US in 2019

The total number of registered representatives in the United States has decreased slightly. FINRA, the Financial Industry Regulatory Authority, released its most recent industry snapshot. In 2019, there were 624,674 registered representatives in the US,…

FINRA

Reg BI Implementation Going Well Despite COVID

Despite challenges from coronavirus, American broker/dealers have done an admirable job implementing the new Regulation best interest. Meredith Cordisco and Jim Wrona are both members FINRA’s Office of General Counsel and they were the latest…

Finra

Financial Exploitation of Seniors Rising

FINRA is the Financial Industry Regulatory Authority, a self-regulatory organization formed in 2007 when the regulatory arms of the NYSE and the NASD merged and has been looking after the financial exploitation aspect too. Chris…

Finra

FINRA Creates COVID Task Force

FINRA, the Financial Industry Regulatory Authority, has formed a task force for COVID related crimes. Greg Ruppert is the new head of the National Cause and Financial Crimes Detection Programs (NCFC) at FINRA and he…

Finra

FINRA Explains Gateway Transition

FINRA, the Financial Industry Regulatory Authority, hopes upgrades in its compliance portal will leverage technology. FINRA recently held a virtual conference entitled “FINRA Gateway.” This conference was about the transition from FIRM Gateway to FINRA…