December 14, 2018

everyone’s losing money

FINRA Lost a Bucketload of Money in 2011

According to FINRA's latest annual report, the agency reported an $84 million loss for the 2011 fiscal year, blaming low trading volume and poor industry revenue, among other factors. In the interest of keeping FINRA afloat, the SEC has allowed them to raise some fees as soon as July 2 to get the jump on […]