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 Rhode Island, as in all states, broker-dealers and their agents must comply with FINRA regulations in addition to state securities laws. FINRA oversees the activities of its members through the enforcement of its own rules, the rules of the exchanges that it operates, and the federal securities laws. It also administers a dispute resolution forum for investors and registered firms in Rhode Island. For detailed information about FINRA's role, functions, and regulatory framework, interested parties can visit their official website.