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FINRA Backs Off Efforts to Oversee RIAs

Saturday, Apr 12 2014
Regulatory & Compliance
Written by  PFA News

Financial Industry Regulatory Authority Chairman and Chief Executive Officers Richard Ketchum says the organization has lost interest in widening its oversight to registered investment advisors. So reports InvestmentNews.

While acknowledging that it’s unlikely that the organization could gain Congressional approval for oversight of RIAs, he continues to maintain that oversight of the financial professionals should be increased.

Read the full article from InvestmentNews.

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