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 Pennsylvania, as in other states, FINRA oversees the licensing of firms and their representatives, enforces rules governing the activities of broker-dealers, audits firms for compliance, and provides a platform for the arbitration and mediation of disputes. FINRA's regulations are designed to work in conjunction with federal securities laws and other state regulations to provide a comprehensive regulatory framework for the financial industry. Pennsylvania broker-dealers and their agents must comply with FINRA's rules, as well as state and federal laws, to legally operate within the state.