What You Do Not Know Can Hurt You: How the FINRA Expungement Process Is Endangering Future Investors Through a Lack of Information

Authors

James T. Farris

Abstract

The article discusses the ways in which the U.S. Financial Industry Regulatory Authority Inc.'s (FINRA's) expungement process is endangering future investors in America through a lack of information sharing, and it mentions the laws governing the nation's securities industry, as well as the legal obligations of brokers. FINRA's Broker Check online database is mentioned, along with the efforts to protect investors from fraudulent brokers. U.S. government agency rules are also examined.

Recommended Citation

Farris, James T. (2014) "What You Do Not Know Can Hurt You: How the FINRA Expungement Process Is Endangering Future Investors Through a Lack of Information," Hofstra Law Review: Vol. 42: Iss. 4, Article 7.
Available at: https://scholarlycommons.law.hofstra.edu/hlr/vol42/iss4/7