FINRA Makes Advisory Committees More Transparent
November 27, 2017 | Louis Chunovic | Financial Technologies Forum
The Financial Industry Regulatory Authority (FINRA) reports that it is making changes to its advisory committees intended to “increase transparency around the committees and improve their effectiveness as a vehicle for firms to provide input on key issues before FINRA, including on existing and proposed rules.”
Also, early in the new year, the regulatory authority intends to “introduce an online portal to enable registered representatives to begin the process of serving on committees.”
Furthermore, it will conduct a “review of its advisory and district committees to determine if further changes are appropriate.”
