James Lukezic is a financial expert who worked as the fiduciary of Merrill Lynch & Co. before becoming the Director of Investments at Oppenheimer & Company, Inc. As such he is accustomed to various different regulatory finance bodies, including the FINRA.
The Successor of NASD
As the predecessor of the FINRA, the National Association of Securities Dealers, Inc. was responsible for regulating the New York Stock Exchange. Its successor has the same functions, and as a non-governmental organization, it belongs under the SEC.
Board of Governors
The FINRA has strict bylaws that regulate their board. The members include the CEO of FINRA, the CEO of NYSE Regulation (New York Stock Exchange), public and industry governors and even an independent dealer in addition to small, mid-size and large-firm governors.
Regulatory Role
The FINRA has regulatory capabilities over many different financial entities, including but not limited to equities, corporate bonds, securities futures and options. Being an independent regulator, the FINRA has a wide range of available regulatory tools that allow it to have certain control over the financial community. It has the right to regulate any entities not already regulated by the SRO. This regulatory role also requires the conduction of certain examinations that involve the organization’s member firms. Being the independent force that FINRA is within the financial field, it is clear that its regulatory work is extremely important, and makes the whole financial field more transparent.
Working closely with FINRA, James Lukezic understands extremely important role this regulatory finance body has in the financial field.
To learn More,Visit:http://jameslukezic.jigsy.com/
james lukezic 