The database has recently been criticized because brokers are frequently able to have information on disciplinary actions stricken from their records.
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FINRA Needs to Crack Down on Bad Brokers: U.S. Senator
- Saturday, Nov 02 2013
- Regulatory & Compliance
- Written by PFA News
Sen. Edward J. Markey (D-Mass) is urging the Financial Industry Regulatory Authority to better police brokers and to make enhancements to the organization’s BrokerCheck database. So reports InvestorProtection.