The Financial Industry Regulatory Authority is

The Financial Industry Regulatory Authority

Multiple choice — select the best answer

AAn agency to provide non binding guidelines
BPart of the Securities and Exchange Commission
CA non-profit private organization to provide regulation of investment companies
DA federal bureau in the Federal Trade Commission

✓ Correct answer: C. A non-profit private organization to provide regulation of investment companies FINRA is a non-profit organization supported by the investment industry to regulate the activities of the investment industry. All member organizations are required to follow the rules promulgated by FINRA. The investment industry is self-regulating itself through FINRA to provide more confidence to customers investing their funds through member organizations in stock markets and other investment vehicles.

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The Financial Industry Regulatory Authority is

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