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 Iowa, as in other states, brokerage firms, brokers, and investment advisers must comply with FINRA regulations, in addition to state securities laws and regulations enforced by the Iowa Insurance Division's Securities Bureau. FINRA oversees the activities of these financial entities by writing and enforcing rules, conducting examinations, and providing education and resources for investors. Any broker or brokerage firm operating in Iowa must be registered with FINRA, adhere to its rules, and is subject to its disciplinary actions in case of misconduct.