NEWS
08.02.2007
NASD and NYSE Regulation Committee Combine to Form the Financial Industry Regulatory Authority (FINRA)

CP Capital Securities announced today its membership with the NASD was transferred automatically to the recently instituted Financial Industry Regulatory Authority (FINRA).

With approximately 3,000 employees, FINRA becomes the largest non-governmental regulatory organization for securities brokers and dealers doing business in the United States. The organization was created from the consolidation of the NASD and the member regulation, enforcement and arbitration operations of the New York Stock Exchange, effective July 30, 2007.

FINRA operates from Washington, DC, New York as well as from 15 District Offices around the United States.

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