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. Although FINRA is not a government agency, it is authorized by Congress to protect America's investors by ensuring the securities industry operates fairly and honestly. It is overseen by the Securities and Exchange Commission (SEC). In Washington State, as in the rest of the United States, broker-dealers and their agents must comply with FINRA regulations, in addition to state securities laws and regulations enforced by the Washington State Department of Financial Institutions' Securities Division. FINRA's rules and guidelines are designed to maintain investor confidence and market integrity, and they include standards for licensing, conduct, and disciplinary actions. Brokerage firms, brokers, and investment advisers operating in Washington must be registered with FINRA, adhere to its rules, and are subject to its arbitration and disciplinary processes.