SIE practice questionmediumFINRA Rules
Which organization primarily regulates broker-dealers and registered representatives in the securities industry?
- ANYSE
- BSIPC
- CFINRA✓ Correct answer
- DFDIC
Explanation
Why C — FINRA
FINRA is the main self-regulatory organization for brokers. SIPC protects customer accounts, NYSE is a market, FDIC insures bank deposits.
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