FINRA Chairman and CEO Richard Ketchum has pitched the idea in a letter to Sens. Jack Reed (D-R.I.) and Charles Grassley (R-Iowa).
Read the full article from Reuters.
Estimated reading time: 0 minutes, 18 seconds
The Financial Industry Regulatory Authority is lobbying to eliminate a provision that allows brokers to have wrongdoings removed from their records as a condition of settling consumer complaints. So reports Reuters.
FINRA Chairman and CEO Richard Ketchum has pitched the idea in a letter to Sens. Jack Reed (D-R.I.) and Charles Grassley (R-Iowa).
Read the full article from Reuters.