What does FINRA stand for?

FINRA stands for the Financial Industry Regulatory Authority. It is a self-regulatory organization that plays a critical role in overseeing the securities industry in the United States. FINRA's primary purpose is to protect investors by ensuring that the broker-dealer firms and their registered representatives operate fairly and transparently in the marketplace. This includes enforcing compliance with federal securities laws and ensuring that members adhere to high standards of professional conduct.

The other provided choices do not accurately reflect the name or purpose of the organization. Understanding the correct name not only clarifies the regulatory framework governing financial practices but also highlights the importance of oversight in maintaining investor confidence in the financial markets.