What is the role of the Financial Industry Regulatory Authority (FINRA) in regulating the securities industry?

The Financial Industry Regulatory Authority (FINRA) is a private self-regulatory organization that works to protect the public by promoting fairness and transparency in the North Carolina securities industry. FINRA’s role is to enforce rules and regulations intended to protect investors and the integrity of the securities markets. FINRA is authorized by the U.S. Securities and Exchange Commission (SEC) to oversee and regulate the operations of broker-dealers and other firms that sell securities. FINRA works to ensure these firms comply with federal securities laws, as well as its own rules and regulations. Additionally, FINRA investigates potential violations of its rules and regulations. FINRA also runs a program known as the Investor Education Foundation, which provides educational resources to investors on how to protect themselves from investment fraud. The program educates investors on how to research investments, identify investment scams, and avoid other potential pitfalls. FINRA also works to raise public awareness of investment fraud and other related issues, such as securities fraud and insider trading. Overall, FINRA plays a significant role in regulating the North Carolina securities industry by enforcing laws and regulations intended to protect investors and the integrity of the securities markets. By providing educational resources and raising public awareness, FINRA helps to ensure that everyone is informed and aware of the risks associated with investing.

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What is the role of the Financial Industry Regulatory Authority (FINRA) in regulating the securities industry?

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