Talk:Financial Industry Regulatory Authority

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See talk:NASD for merged article's talk page. This includes discussion of the article's asserted POV problems.

NASD Merger

The following discussion is closed. Please do not modify it. Subsequent comments should be made in a new section.

The result was merge NASD into Financial Industry Regulatory Authority. -- John M Baker (talk) 21:51, 17 June 2008 (UTC)

FINRA was created through the consolidation of NASD and the member regulation, enforcement and arbitration operations of the New York Stock Exchange. The consolidation, which was announced on Nov. 28, 2006 and approved by the Securities and Exchange Commission on July 26, 2007, became effective on July 30, 2007. The NASD page should be merged into the FINRA page. See last NASD/first FINRA press release on http://www.finra.org/PressRoom/NewsReleases/2007NewsReleases/P036329 --11:30, 16 January 2008 (EST) —Preceding unsigned comment added by 209.6.234.157 (talk) {{{2}}}

• Oppose proposed merger with no justification and no explanation. Gene Nygaard 15:52, 2 October 2007 (UTC)
• Support the justification is that the NASD is no longer a SEPERATE entity - it is encompassed within FINRA and thus I think the NASD article should be merged into the FINRA article -Timberlax 05:56, 30 January 2008 (UTC) —Preceding unsigned comment added by Timberlax (talk • contribs)
• Support the proposed merger. NASD and FINRA are, after all, the same thing; FINRA is just the name NASD took when NYSE Regulation was merged into it. It might make sense to have a separate article if the NASD article were a historical article discussing the pre-merger entity, but that is not the case. John M Baker (talk) 23:28, 27 March 2008 (UTC)
• Support the proposed merger. They were merged to cut down on the redundancy in the regulatory actions and laws. It would be fine to have a historical section in the merged topic. Geoffvf (talk) 05:43, 4 April 2008 (UTC)

The discussion above is closed. Please do not modify it. Subsequent comments should be made on the appropriate discussion page. No further edits should be made to this discussion.

FINRA and Madoff?

Has FINRA been at all involved in the Madoff investment scandal?--DThomsen8 (talk) 16:33, 19 June 2009 (UTC)

Professor Mercer Bullard has written to criticize FINRA's failure to detect the Madoff problems. Madoff's firm was subject to regulation and examination by FINRA. Bullard says only FINRA, which is not really true - the SEC had oversight and could conduct examinations too - but it is true that FINRA had primary responsibility. John M Baker (talk) 17:13, 19 June 2009 (UTC)

There may be more than Madoff to look at. I just saw a recap of those Involved in Enron's Management, and it seems that "Kenneth Rice, former chief of Enron Corp.'s high-speed Internet unit, was sentenced to 27 months in prison for securities fraud. He served the sentence and he now works in investments." How in blazes is FINRA & the SEC letting him work in investing after what he did? I know that the old NASD would clobber anyone who tried to sell securities without having one of their licenses. Pipeexaminer (talk)

Just the facts please

This entry wastes much space regurgitating promotional information as it would be already displayed at FINRA's own site. The origins and subsequent record of the agency can stay; the corporate profile and prospectus stats should be dispensed with entirely wherever they don't explain the agency's functions or regulatory basis in a disinterested, comparative fashion. — Preceding unsigned comment added by 76.105.60.50 (talk) 09:16, 21 March 2013 (UTC)

NASD, the predecessor of FINRA

I thought FINRA had two predecessors: NASD and NYSE. If so, two corrections are needed:

1. "NASD, the predecessor of FINRA," - change to "NASD, one of the predecessors of NYSE (along with NYSE)"

2. "The NASD, now FINRA," - delete "now FINRA"

Omc (talk) 20:50, 12 April 2013 (UTC)

OmcLittle bit more complicated. it was a merger between NASD and some components of NYSE. From a corporate standpoint however, it as not a merger of equals... While a primary source, see http://www.finra.org/newsroom/2007/nasd-and-nyse-member-regulation-combine-form-financial-industry-regulatory-authority Naraht (talk) 22:01, 4 February 2019 (UTC)