FINRA, the Financial Industry Regulatory Authority, reports that an overhaul of its registration and disclosure programs is beginning. That overhaul specifically includes the central registration depository (CRD), which is the licensing and registration system that FINRA operates for the U.S. securities industry, and which provides the basis for BrokerCheck, the online portal where investors and… Read More >>
FINRA Wants to Rewrite Capital Formation Rules & Requests Comment
The Financial Industry Regulatory Authority (FINRA), as part of a review of its own operations and programs — the FINRA360 initiative — is calling for comment on three of its proposed rules related to the capital formation process. One of those proposed rules focuses on the capital-formation processes of its member firms, “with the others… Read More >>
FINRA Readies New Executive Line-Up
The Financial Industry Regulatory Authority (FINRA) will have a new chairman when John J. “Jack” Brennan, Vanguard Group chairman emeritus and senior advisor, takes over later this month, following the news that Robert W. Cook will become FINRA’s new CEO and president. Brennan and Cook are expected to assume their new posts by August 15,… Read More >>
FINRA Appoints a New President-CEO
New FINRA Exec from Cleary Gottlieb Steen & Hamilton The Financial Industry Regulatory Authority (FINRA) reports that its board has named Robert W. Cook as its president and chief executive officer, “effective the second half of 2016.” He succeeds Richard G. Ketchum, chairman and CEO since 2009. Cook joins from Cleary Gottlieb Steen & Hamilton… Read More >>
