Financial Industry Regulatory Authority (FINRA ) Law and Legal Definition
The Financial Industry Regulatory Authority (FINRA ) is a private corporation that performs market regulation under contract with brokerage firms and trading markets. It is the largest non-governmental regulator for all securities firms doing business in the United States. FINRA was formed by a consolidation of the enforcement arm of the New York Stock Exchange, NYSE Regulation, Inc., and the National Association of Securities Dealers, Inc.(NASD). The merger was approved by the United States Securities and Exchange Commission (SEC) on July 26, 2007Funded debt – Usually interest-bearing bonds or debentures of a company. Could include long-term bank loans. Does not include short-term loans, preferred or common stock.
Legal Definition list
- Financial Industry Regulatory Authority (FINRA )
- Financial Holding Company (FHC)
- Financial Hardship [Education]
- Financial Gain
- Financial Forecast
- Financial Information
- Financial Information Repository
- Financial Institution (Bankruptcy)
- Financial Institution [Securities]
- Financial Institutions Reform, Recovery, and Enforcement Act of 1989
- Financial Instrument
