{"id":14424,"date":"2014-02-01T08:05:39","date_gmt":"2014-02-01T07:05:39","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=14424"},"modified":"2014-02-01T08:05:39","modified_gmt":"2014-02-01T07:05:39","slug":"finra-independent-us-regulatory-agency","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/finra-independent-us-regulatory-agency\/","title":{"rendered":"FINRA: Independent US Regulatory Agency?"},"content":{"rendered":"<p>Everyone is familiar with the notion of the fox guarding the henhouse, but few are aware that the fox guarding Wall Street is the Financial Industry Regulatory Authority (FINRA).\u00a0 This self-regulatory organization (SRO) is charged with regulating brokerage firms.\u00a0 An SRO is not a government agency like the Securities Exchange Commission; it is a private corporation with the authority of a government agency.\u00a0 While FINRA is supposed to police Wall Street, many suggest that this cop is on the take, or perhaps, more kindly, that FINRA is Wall Street\u2019s own trade association.\u00a0 Madoff Whistleblower Harry Markopolos in his testimony before Congress describes FINRA as a \u201cvery corrupt self-regulatory organization.\u201d \u00a0<strong><a href=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/02\/Financial-Industry-Regulatory-Authority.pdf\" target=\"_blank\">Financial Industry Regulatory Authority<\/a><\/strong><\/p>\n<p style=\"text-align: center\"><a href=\"http:\/\/www.w-t-w.org\/en\/finra-independent-us-regulatory-agency\/finra\/\" target=\"_blank\" rel=\"attachment wp-att-14426\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-14426\" alt=\"FINRA\" src=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/02\/FINRA-300x149.jpg\" width=\"300\" height=\"149\" srcset=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/02\/FINRA-300x149.jpg 300w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/02\/FINRA-500x248.jpg 500w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/02\/FINRA.jpg 909w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Everyone is familiar with the notion of the fox guarding the henhouse, but few are aware that the fox guarding Wall Street is the Financial Industry Regulatory Authority (FINRA).\u00a0 This self-regulatory organization (SRO) is charged with regulating brokerage firms.\u00a0 An &hellip; <a href=\"https:\/\/www.w-t-w.org\/en\/finra-independent-us-regulatory-agency\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[22,13],"tags":[],"class_list":["post-14424","post","type-post","status-publish","format-standard","hentry","category-corruption","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Everyone is familiar with the notion of the fox guarding the henhouse, but few are aware that the fox guarding Wall Street is the Financial Industry Regulatory Authority (FINRA). 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