The Financial Industry Regulatory Authority (FINRA) is a self-regulatory organization for the brokerage industry. Learn more about FINRA on their website at https://www.finra.org/about/what-we-do
The Financial Industry Regulatory Authority (FINRA) is a non-governmental organization that acts as a self-regulatory body for the securities industry, including brokerage firms and exchange markets. While FINRA is not specific to any state, as it operates nationwide, it is authorized by Congress to protect America's investors by ensuring the securities industry operates fairly and honestly. In Arizona, as in other states, FINRA oversees the licensing of firms and their representatives, arbitration and mediation services, market regulation, and investor education. It develops rules, conducts compliance examinations, and disciplines registered representatives and member firms that fail to comply with federal securities laws and FINRA's rules and regulations. Arizona-based broker-dealers and their agents are subject to FINRA's regulations, in addition to state securities laws and regulations enforced by the Arizona Corporation Commission's Securities Division.