FINRA Certification
Financial Industry Regulatory Authority (FINRA)
Introduction: FINRA is authorized by Congress to protect America's investors by making sure the broker-dealer industry operates fairly and honestly. They oversee more than 624,000 brokers across the United States - and analyze billions of daily market events.
What Is the Financial Industry Regulatory Authority (FINRA)?
The Financial Industry Regulatory Authority (FINRA) is an independent, nongovernmental organization that writes and enforces the rules governing registered brokers and broker-dealer firms in the United States.
Its stated mission is "to safeguard the investing public against fraud and bad practices." It is considered a self-regulatory organization.
FINRA was created as the result of the consolidation of the National Association of Securities Dealers (NASD) and the member regulation, enforcement, and arbitration operations of the New York Stock Exchange (NYSE) in 2007. The consolidation was meant to do away with overlapping or redundant regulation and reduce the cost and complexity of compliance.
KEY TAKEAWAYS
◉ The Financial Industry Regulatory Authority (FINRA) writes and enforces rules that govern registered brokers and broker-dealer firms in the United States.
◉ FINRA also administers the qualifying exams for securities professionals.
◉ FINRA provides resources, such as BrokerCheck, that help to protect investors.
◉ The general criticism of all self-regulatory agencies, including FINRA, is that they do just enough to maintain the public's trust.
◉ FINRA's monthly report of disciplinary activity refers only to formal actions and leaves out informal ones such as cautionary letters to firms or individuals.
Benefits of FINRA
FINRA's main benefit for investors is protection from potential abuses and unethical conduct within the financial industry. FINRA resources (such as the aforementioned BrokerCheck) allow investors to determine if someone claiming to be a broker is actually a member in good standing.
By banning brokers who violate its rules of conduct, FINRA stops many financial crimes from taking place.
FINRA's commitment to, and responsibility for, these functions was made clear by the combining of the NASD and the NYSE's regulation operations into one organization.
The SEC approved the consolidation of these two organizations in July 2007. In announcing its formation, FINRA described a broad mandate...
Why You Need FINRA Certification As A TAFME Investor
The US Government and The Financial Industry Regulatory Authority (FINRA) have issued a directive that requires digital assets entrusted as long-term capital investments to be documented with the governing body. As such, certain higher-profiled investors (or investors deemed to be at higher risk by the governing body) must obtain FINRA Certification as a protective requirement to ensure they are making well-informed stock brokerage decisions. This certification provides investor protection and risk management.
While we highly encourage our users to obtain FINRA Certification traditionally by studying and sitting for the exams, it is not mandatory to maintain access to TAFME account services. Our platform offers a convenient alternative to the rigorous FINRA examination process - a premium approach by providing access to FINRA Certified independent advisors and educators who stand in for you, imparting the same knowledge and skills as the purpose of the training and exams. This approach saves our users valuable time and effort while ensuring they have the necessary expertise to make informed investment decisions.
We would like to remind our high-profile users that as an investor based in the United States, it is now compulsory to have FINRA certification and/or pass the FINRA exams to fully access specialized independent stock brokerage or digital asset management firms like TAFME. Obtaining registered FINRA Certification is now a compulsory legal requirement to ensure your protection and ours as well.
This is because FINRA is responsible for regulating the activities of broker-dealers and protecting investors. It ensures that all financial professionals meet certain knowledge, competence, and integrity standards.
To obtain FINRA education and certification normally, investors can visit the FINRA website and register for the relevant exams. However, with TAFME, access to certification and our independent advisors comes with a service fee of $1,650.00 only; together with all the perks of having a financial advisor. Upon obtaining this certification, users will be assigned a FINRA Certified TAFME investment advisor for a full year, and their TAFME account will receive permanent authorization as required by FINRA.
Getting certified under TAFME will lift current restrictions (if any) on your TAFME account and provide all the extra certification security backing from FINRA. In addition, it also provides personalized & private premium capital management advisory services for a full year.
To get started, start by completing the identity verification exercise. Follow the KYC (know your customer) directive to kindly fill out the form provided below.
We urge all our US-based investors to take advantage of this opportunity to obtain FINRA certification through TAFME. It will not only ensure compliance with regulatory requirements but also enhance your knowledge and competence as an investor. It is also worth noting that obtaining FINRA Certification as an affiliate marketer also provides protection of your referral accounts from restrictions.
How To Apply
To apply under TAFME, simply fill out the identity verification form below. After your submission has been validated, our dedicated team will get back to you on the further necessary steps to take, towards the completion of your acquisition fee. Please remember to enter only correct and verifiable information in the form below. If you already have a FINRA "Certificate Of Passing Scores", kindly reach us to our team and we will tell you what next to do.