FINRA Is The Poster Child For The Old, Dysfunctional Way of Doing Things On Wall Street

Our October 6th Op-Ed, “FINRA Is An Ineffective Regulator,” highlighted FINRA’s push to take over the regulatory oversight of registered investment advisers (RIAs) – a move that is more about FINRA’s own self-preservation and less about investor protection. FINRA responded to our Op-Ed, claiming that our assertions were unfounded. They concluded that we were just an RIA firm that doesn’t want to be audited.
Read Business Insider report here.