What does FINRA stand for?

FINRA stands for the Financial Industry Regulatory Authority. This organization is a non-governmental body that provides regulation and oversight of brokerage firms and exchange markets. Its primary role is to protect investors by ensuring that the securities industry operates fairly and honestly. This includes overseeing the conduct of its member firms, enforcing rules, and providing educational resources to help investors make informed decisions.

Understanding the full name and function of FINRA is important for those in the financial industry, as it plays a critical role in maintaining market integrity and protecting investor interests. The other options represent terms that do not accurately describe FINRA's established role or regulatory function within the financial system.