-

FINRA Announces New “FINRA Forward” Initiatives to Support Members, Markets and Investors

WASHINGTON--(BUSINESS WIRE)--FINRA announced today the launch of FINRA Forward, a series of initiatives to improve its effectiveness and efficiency in pursuing its mission.

The Three FINRA Forward initiatives:

  • Modernizing FINRA Rules. FINRA is conducting a broad review of its rules to modernize requirements, facilitate innovation and eliminate unnecessary burdens.
  • Empowering Member Firm Compliance. FINRA is working to enhance how it supports member firm compliance to better protect investors and safeguard markets.
  • Combating Cybersecurity and Fraud Risks. FINRA is expanding its cybersecurity and fraud prevention activities to support member firms’ risk management capabilities and resilience against emerging threats and to better protect member firms and their investors from harm.

“To serve its mission—promoting investor protection, market integrity, and vibrant capital markets—FINRA must continuously improve its regulatory policies and programs to make them more effective and efficient. During my time as CEO, we have worked hard to build a culture of continuous improvement across FINRA—and we have come a long way… But continuous improvement means our work is never done, especially since capital markets are constantly evolving and new opportunities to do better are always emerging,” FINRA CEO Robert Cook wrote in a blog post about the FINRA Forward initiatives.

The blog post about the FINRA Forward initiatives is available here.

About FINRA

FINRA is a not-for-profit organization dedicated to investor protection and market integrity. FINRA regulates one critical part of the securities industry—member brokerage firms doing business in the U.S. FINRA, overseen by the SEC, writes rules, examines for and enforces compliance with FINRA rules and federal securities laws, registers broker-dealer personnel and offers them education and training, and informs the investing public. In addition, FINRA provides surveillance and other regulatory services for equities and options markets, as well as trade reporting and other industry utilities. FINRA also administers a dispute resolution forum for investors and brokerage firms and their registered employees. For more information, visit www.finra.org.

Contacts

media@finra.org

Industry:

FINRA

Release Versions
English

Contacts

media@finra.org

More News From FINRA

FINRA Foundation Releases State-by-State Financial Knowledge Findings

WASHINGTON--(BUSINESS WIRE)--The FINRA Investor Education Foundation (FINRA Foundation) released today preliminary findings from the National Financial Capability Study, which will be published in July. The FINRA Foundation is previewing the data this month—National Financial Capability Month—to provide insight into the overall financial knowledge of adults in the U.S. and per state. As part of the study, more than 25,500 adults in the U.S. were asked seven questions in a Financial Knowledge Qu...

FINRA Securities Helpline for Seniors Marks 10th Anniversary With More Than $9.3 Million Recovered for Investors

WASHINGTON--(BUSINESS WIRE)--FINRA marks this month the 10th anniversary of the FINRA Securities Helpline for Seniors, an important resource for seniors and vulnerable investors that has assisted in recovering more than $9.3 million for investors as of Dec. 31, 2024. FINRA launched the Helpline on April 20, 2015, to provide senior and vulnerable investors with access to specially trained FINRA staff who can assist them with questions or concerns about their brokerage accounts, investments and o...

FINRA Orders Robinhood Financial to Pay $3.75 Million in Restitution to Customers; Fines Robinhood Financial and Robinhood Securities for Anti-Money Laundering, Supervisory and Disclosure Violations

WASHINGTON--(BUSINESS WIRE)--FINRA has ordered Robinhood Financial to pay $3.75 million to its customers, and fined Robinhood Financial and Robinhood Securities $26 million for violating numerous FINRA rules, including failing to respond to red flags of potential misconduct. “In recent years, the brokerage industry has continued to evolve and develop innovative services and technologies that have allowed millions of new investors to access the markets,” said Bill St. Louis, Executive Vice Presi...
Back to Newsroom