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 Connecticut (CT). 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 jurisdiction covers brokerage firms, their branches, and registered securities representatives. In Connecticut, as in other states, FINRA operates under the oversight of the Securities and Exchange Commission (SEC) and works alongside state regulatory agencies to enforce trading laws and regulations. It also provides surveillance and other regulatory services for equities and options markets, as well as trade reporting and other industry utilities. Additionally, FINRA administers a dispute resolution forum for investors and registered firms. For specific regulations and rules applicable in CT, individuals and firms should refer to both FINRA's regulations and Connecticut's state securities statutes.