Outside Review Calls for Sweeping Changes to Finra Enforcement
Also, Treasury taps Big 3 asset managers for Trump Accounts; new top lawyer at PCAOB
[Note to Readers: Capitol Account will be off Thursday and Friday ahead of the 4th of July holiday.]
A long-awaited outside review of Finra’s enforcement program is calling for substantial changes to how the self-regulator polices and disciplines brokers. The report, posted online without fanfare yesterday, contains a number of ideas likely to be welcome…