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

The Financial Industry Regulatory Authority (FINRA) is the primary regulator of the securities industry in California. It is responsible for the oversight and regulation of broker-dealers, and their associated brokers, agents, and registered representatives, who provide investment advice and services. FINRA works to ensure that investors are protected from fraud, manipulative practices, and unlawful trading. Its mission is to foster a vibrant and ethical trading environment—one that protects investors from fraud, improper conduct, and other risks inherent to financial activity. FINRA has the authority to investigate, sanction, and register broker-dealers, and they are responsible for enforcing rules and policies of the finance industry. FINRA certifies and oversees rules and guidelines that help to protect investors and their investments. It is also responsible for setting and enforcing standards of investor protection, including ethical guidelines, as well as developing and enforcing policies to prevent fraud and insider trading. FINRA also provides resources to educate and inform people about investment fraud law, and they work to ensure that all firms operating in the securities industry abide by the law.

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

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