FINRA is now advertising on the radio about what a great job they do and how everyone should call them.
Taxpayer funds being used to promote a bureaucracy.
If FINRA and SEC were named Arthur Andersen, they would be investigated, indicted and out of business already. There would not be an allowance for “untrained,” “inexperienced” or “unqualified” to sweep the “mistakes” or deliberate misdeeds under the rug of self-inspection.
Mistakes were made, let’s cover them with new procedures and move on... We don’t need to find and punish those who are responsible and would be held accountable anywhere else.