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 in the United States, including in the state of California. FINRA is authorized by Congress to protect America's investors by ensuring the securities industry operates fairly and honestly. It is responsible for writing and enforcing rules governing the activities of more than 3,700 securities firms with approximately 630,000 brokers. FINRA's regulation covers areas such as licensing of firms and individuals, compliance, market surveillance, and the arbitration and mediation process. In California, as in other states, brokerage firms, their branch offices, and registered securities representatives must comply with FINRA's rules and regulations, as well as state securities laws and regulations enforced by the California Department of Business Oversight. FINRA operates under the oversight of the U.S. Securities and Exchange Commission (SEC).