The FINRA, together with the SEC, regulates the action of persons who actually trade securities.

Question

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FINRA (Financial Industry Regulatory Authority) is a self-regulatory organization that oversees the actions of brokerage firms and financial professionals. It is authorized by the US Congress to do so and works in conjunction with the SEC (Securities and Exchange Commission) to enforce federal securities laws and protect investors. Together, they regulate the persons who trade securities in the US.

The FINRA, Together with the SEC, Regulates the Action of Persons