The Financial Industry Regulatory Authority is the most essential regulatory agency for those involved in the stock market, whether you’re an investor, a member of a firm, or a firm employee. This agency is tasked with overseeing the entire financial industry, and making sure that your investments are sound, while maintaining the integrity of the system of the stock market.

What is FINRA?

FINRA, although authorized by Congress, is not a part of the United States government. Rather, it is a non-profit organization with the authority to oversee such financial activities as:

  1. Ensuring compliance of industry firms;
  2. Educating potential investors;
  3. Maintaining transparency in the stock market;
  4. Writing and enforcing a standard set of rules with which the financial industry is required to comply.

FINRA is a crucial part of keeping the marketplace fair and well-regulated, while providing basic protections for investors who are trusting the stock market with hard-earned savings in the hopes of a rewarding return on investment. Because FINRA is a non-profit, this also comes at no cost to the taxpayers, while maintaining a high ethical standard for businesses to follow.

When it comes to investments, FINRA makes sure that there are no misleading advertisements or statements and that products have been tested for quality assurance and are suitable for the investors’ needs and interests.

Unfortunately, when companies do not follow the standard set of rules and regulations laid out by FINRA, investors may suffer the consequences and this is where De Castroverde Law comes in to help you protect and recover your rightful financial assets.
Common Types of FINRA Arbitration Include:

  1. Investment Negligence
  2. Unsuitable Investment Advice
  3. Breach of Fiduciary Duty

If you feel you have a case that may qualify for FINRA Arbitration, call the attorneys of De Castroverde Law for an initial consultation.