FINRA Board Re-Elects Eric Noll as Chair and Approves New Governance and Rulemaking Initiatives

Eric Noll has recently been re-elected as the Chair of the Board for the Financial Industry Regulatory Authority (FINRA). The board consists of governors with diverse backgrounds and viewpoints that help in FINRA's mission of protecting investors and ensuring market integrity. Other appointments to the board included Deborah Bailey, Lisa Fairfax, and Maureen Jensen, while Robert W. Cook is the CEO of FINRA. The board has also approved several rule proposals to increase their oversight of the market. These include a proposal to disseminate transaction information for treasury securities, reducing the TRACE-reporting timeframe to one minute, and enhancing short interest data through Regulation SHO. These all aim to create more transparency in the market and protect investors from potential risks. FINRA is a non-profit organization dedicated to protecting America's investors and ensures market integrity. They work to ensure that broker-dealers and brokerage firms meet guidelines set forth by the United States government. For more information about FINRA, their rulemaking process, or their governance structure, visit finra.org.