Finra ranking brokers in effort to crack down on industry’s bad apples
October 17, 2017 by Mark Schoeff Jr.
As part of its crackdown on rogue brokers, the Financial Industry Regulatory Authority Inc. has ranked all 634,403 registered reps it regulates and is targeting those who it believes pose the biggest threat to investors, a Finra executive said Monday.
Susan Axelrod, Finra’s executive vice president for regulatory operations, said the rankings are based on factors such as prior regulatory disclosures, disciplinary actions, and their employment history.
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Originally Posted at InvestmentNews on October 16, 2017 by Mark Schoeff Jr..
Categories: Industry Articles