FINRA BrokerCheck- New Rules Coming?
FINRA BrokerCheck- New Rules Coming?02.25.2014
At its recent board meeting, the Financial Industry
Regulatory Authority (FINRA) discussed a number of proposed rules, including
one that would essentially increase visibility for BrokerCheck on firm websites
BrokerCheck is a free online database containing investment professional or firm information, including a broker’s disciplinary history. FINRA summarizes the proposed rule on its website, explaining it would “require firms to include a readily apparent reference and link to BrokerCheck on any member firm's website that is available to retail investors.” Additionally, the rule would require a reference and link to BrokerCheck in online retail communications, subject to specific conditions.