Program areas at FINRA
Finra is a not-for-profit organization dedicated to investor protection and market integrity. It regulates one critical part of the securities Industry - brokerage firms doing business with the public in the united states. Finra, overseen by the sec, writes rules, examines for and enforces compliance with finra rules and federal securities laws, registers broker-dealer personnel and offers them education and training, and informs the investing public. In addition, through its subsidiary, finra regulation, Inc., finra provides surveillance and other Regulatory services for equities and options markets, as well as trade reporting and other Industry utilities. Finra regulation also administers a dispute resolution forum for investors and brokerage firms and their registered employees.
Personnel at FINRA
| Name | Title | Compensation | Date of data |
|---|
| Robert W Cook | President and Chief Executive Officer | $4,062,829 | 2023-11-15 |
| Steven J Randich | Executive Vice President and Chief Information Officer | $1,390,581 | 2022-12-31 |
| Robert L D Colby | Executive Vice President and Chief Legal Officer / Senior Executive Vice President | $1,313,006 | 2022-12-31 |
| Bari M Havlik | Executive Vice President | $845,871 | 2022-12-31 |
| Gregory Raymond | Senior Vice President | $2,155,257 | 2021-12-31 |
| ...and 13 more key personnel |
Financials for FINRA
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $1,173,993,109 | $693,107,319 | 69.4% |
| Investment income and dividends | $35,276,188 | $21,455,020 | 64.4% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $108,181 | $125,828 | -14% |
| Net rental income | $0 | $198,728 | -100% |
| Net gain from sale of non-inventory assets | $-34,304,809 | $130,465,417 | -126.3% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $555,482,221 | $573,012,173 | -3.1% |
| Total revenues | $1,730,554,890 | $1,418,364,485 | 22% |
Organizations like FINRA
| Organization | Type | Location | Revenue |
|---|
| Pharmaceutical Research and Manufacturers of of America (PHRMA) | 501(c)(6) | Washington, DC | $568,384,699 |
| American Bureau of Shipping (ABS) | 501(c)(6) | Spring, TX | $487,783,327 |
| American Medical Association | 501(c)(6) | Chicago, IL | $446,719,199 |
| American Bankers Association (ABA) | 501(c)(6) | Washington, DC | $592,825,072 |
| College Board | 501(c)(3) | New York, NY | $1,040,203,098 |
| National Football League (NFL) | 501(c)(6) | New York, NY | $619,557,237 |
| Alaska Native Tribal Health Consortium (ANTHC) | 501(c)(3) | Anchorage, AK | $837,099,306 |
| Noblereach Foundation | 501(c)(3) | Mclean, VA | $598,755,202 |
| Baylor College of Medicine (BCM) | 501(c)(3) | Houston, TX | $2,510,669,242 |
| United States Tennis Association Incorporated | 501(c)(6) | Purchase, NY | $599,088,793 |
Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 6 new personnel
December 27, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
July 11, 2023
Used new vendors
Identified 14 new vendors, including , , , , , , , , , , , , , and
June 26, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsTrade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementPublic policyBusiness and industry
Characteristics
Partially liquidatedOperates internationally
General information
- Address
- 9509 Key W Ave
- Rockville, MD 20850
- Metro area
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Website URL
- finra.org/Â
- Phone
- (301) 590-6500
- Facebook page
- FinancialIndustryRegulatoryAuthorityÂ
- Twitter profile
- @finraÂ
IRS details
- EIN
- 53-0088710
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1936
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W20: Government and Public Administration
- NAICS code, primary
- 813910: Trade Associations
- Parent/child status
- Central organization
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