FINRA drops controversial component of supervisory plan

06/30/2013 | InvestmentNews (free registration) · Reuters

The Financial Industry Regulatory Authority has backed away from a plan, originally proposed in 2011, to require broker-dealers to monitor non-securities-related business in which their brokers engage. Brokerages pushed back against the plan, which was part of FINRA's new package of proposed supervisory rules.

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InvestmentNews (free registration) · Reuters

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