Morning Scan: New Finra Chief; More Basel Hand-Wringing
06/14/16
Receiving Wide Coverage ... Finra's New Boss: Former Securities and Exchange Commission official Robert Cook will take the helm as chief executive of the Financial Industry Regulatory Authority later this year. The move comes as the self-policing body expands its oversight of stock market trading activities and rogue employees. Though it's historically been criticized by some for levying meager fines against the financial industry, Finra has been flexing its muscle lately, according to the Wall Street Journal.Â...
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