Finra Regulation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521959501 ✦ Rockville, MD ✦ Designated as a 501(c)(6)

Overview

What is Finra Regulation Inc?

Finra Regulation Inc, based in the United States, functions as a self-regulatory organization (SRO) for the securities industry. As the successor to the National Association of Securities Dealers (NASD) and the regulatory arms of the New York Stock Exchange, FINRA is a non-governmental entity responsible for overseeing brokerage firms and exchange markets. The organization's mission is focused on ensuring investor protection and market integrity by executing effective and efficient regulation within the securities industry.


Official website here: www.finra.org/rules-guidance/rulebooks/corporate-organization/laws-finra-regulation-inc

Is Finra Regulation Inc legitimate?

Finra Regulation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Finra Regulation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.finra.org/rules-guidance/rulebooks/corporate-organization/laws-finra-regulation-inc

What is the mission statement of Finra Regulation Inc?

Finra Regulation Inc prioritizes investor protection and market integrity through vigilant and productive regulation of the securities industry. As a self-regulatory organization in the United States, Finra oversees member brokerage firms and exchange markets, working closely with the Securities and Exchange Commission as the industry's ultimate regulator. Dedicated to ensuring a fair and transparent financial market, Finra focuses on effective and efficient regulation to safeguard investors and maintain market integrity.


Official website here: www.finra.org/rules-guidance/rulebooks/corporate-organization/laws-finra-regulation-inc

What is the revenue of Finra Regulation Inc?

Finra Regulation Inc's revenue in 2022 was $1,039,482,542.


Official website here: www.finra.org/rules-guidance/rulebooks/corporate-organization/laws-finra-regulation-inc

Who are the executives of Finra Regulation Inc and what are their salaries?

Here are 21 key members and their salaries (Finra Regulation Inc's CEO's salary is $0 and their total compensation is $4,276,717):

    Robert W Cook (President & Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $4,062,829
  • Other: $213,888

    • Robert L D Colby (Evp And Chief Legal Officer)
  • Compensation: $0
  • Related: $1,313,006
  • Other: $82,151

    • Marcia E Asquith (Evp, Board & External Relations)
  • Compensation: $0
  • Related: $1,199,500
  • Other: $59,906

    • Gregory Ruppert (Executive Vice President)
  • Compensation: $0
  • Related: $1,054,437
  • Other: $190,927

    • Stephanie Dumont (Executive Vice President)
  • Compensation: $0
  • Related: $1,174,147
  • Other: $58,128

    • Jessica Hopper (Executive Vice President)
  • Compensation: $0
  • Related: $986,749
  • Other: $183,049

    • Bari M Havlik (Executive Vice President)
  • Compensation: $0
  • Related: $845,871
  • Other: $165,537

    • Richard W Berry (Executive Vice President)
  • Compensation: $0
  • Related: $733,828
  • Other: $144,010

    • Todd T Diganci (Executive Vice President/Cfao)
  • Compensation: $0
  • Related: $2,146,292
  • Other: $-1,370,453

    • Eric W Noll (Regulatory Policy Committee - As Of 8/19/22) [Trustee/Director]
  • Compensation: $0
  • Related: $143,187
  • Other: $0

    • Eileen K Murray (Regulatory Policy Committee - Thru 8/19/22) [Trustee/Director]
  • Compensation: $0
  • Related: $117,495
  • Other: $0

    • John B Ehnes (Regulatory Policy Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $113,187
  • Other: $0

    • Timothy C Scheve (Regulatory Policy Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $113,187
  • Other: $0

    • Maureen Jensen (Chair, Regulatory Policy Committee - As Of 8/20/22) [Trustee/Director]
  • Compensation: $0
  • Related: $103,812
  • Other: $0

    • Deborah Bailey (Regulatory Policy Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $100,403
  • Other: $0

    • Paige W Pierce (Regulatory Policy Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $100,403
  • Other: $0

    • Hillary A Sale (Chair, Regulatory Policy Committe - Thru 8/19/22) [Trustee/Director]
  • Compensation: $0
  • Related: $86,490
  • Other: $0

    • Moira A Kilcoyne (Regulatory Policy Committee - As Of 8/19/22) [Trustee/Director]
  • Compensation: $0
  • Related: $50,687
  • Other: $0

    • Ethiopis Tafara (Regulatory Policy Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $687
  • Other: $0

    • James T Crowley (Regulatory Policy Committee - As Of 3/10/22) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathryn Ruemmler (Regulatory Policy Committee) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.finra.org/rules-guidance/rulebooks/corporate-organization/laws-finra-regulation-inc

    Where can I find the form 990 for Finra Regulation Inc?

    The Finra Regulation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.finra.org/rules-guidance/rulebooks/corporate-organization/laws-finra-regulation-inc

    Mission Statement of Finra Regulation Inc

    Finra Regulation Inc, also known as the Financial Industry Regulatory Authority, is a pivotal organization in the US securities industry, committed to investor protection and market integrity. It carries out its mission through effective and efficient regulation of securities industry members. Finra Regulation functions as a self-regulatory organization (SRO), with its origins stemming from the National Association of Securities Dealers (NASD) and the member regulation, enforcement, and arbitration operations of the New York Stock Exchange. The organization's impact extends to the regulation of brokerage firms and exchange markets in the country, working in tandem with the Securities and Exchange Commission (SEC) as the ultimate regulator of the securities industry. Finra Regulation's primary focus is to ensure that investors receive fair treatment from industry members and that market operations maintain transparency and honesty. By implementing rigorous oversight, creating and enforcing industry rules, and offering dispute resolution services, Finra Regulation plays a vital role in safeguarding investor trust and fostering a market environment that operates with integrity.

    Impact

    This information is meant to be a general summary of Finra Regulation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    FINRA Regulation Inc, as a self-regulatory organization dedicated to investor protection and market integrity in the securities industry, plays a significant role in regulating member brokerage firms and exchange markets. Its impact is felt through the enforcement of rules and regulations that aim to safeguard investors and ensure fair and transparent market practices. By setting standards for conduct and compliance, FINRA Regulation Inc helps maintain the integrity of the financial markets and promotes trust among investors. This oversight contributes to the overall stability and credibility of the securities industry, benefitting both individual investors and the wider financial ecosystem.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $1,039,428,182
  • Gross Receipts: $1,039,482,542

    • Assets and Liabilities:
  • Total Assets: $30,977,462
  • Total Liabilities: $149,309,229
  • Net Assets: -$118,331,767
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Regulatory Fees

    Revenue

    $680,623,756

    User Fees

    Revenue

    $204,040,703

    Contract Service Fees

    Revenue

    $67,110,507

    Fines

    Revenue

    $54,546,522

    Dispute resolution fees

    Revenue

    $33,106,694

    Organization Details

    Founding Year

    1996

    Main Address

    9509 KEY WEST AVENUE, ROCKVILLE, MD, 20850

    NTEE Category

    Code: W20 - Public benefit

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