The whole thing makes me laugh because ever since I started reporting on Wall Street and financial services firms in the 1980s, FINRA, then known as the NationalAssociationofSecuritiesDealers(NASD), had a reputation for being impotent.
The Siedle Directory ofSecuritiesDealers provides retail and institutional investors alike with critical information regarding the integrity of all brokerage firms registered with the NationalAssociationofSecuritiesDealers, Inc. (NASD).