FINRA Cautions on Investor Powers of Attorney

FINRA Helps Protect Investors' Money

FINRA Helps Protect Investors’ Money

The Financial Industry Regulatory Authority (FINRA) is the nongovernmental watchdog group authorized by Congress to maintain financial markets’ integrity and protection of investors via the enforcement of rules for the fair and honest operation of the securities industry in the United States. Recently, FINRA addressed the issue of powers of attorney given to financial advisors or to an investor’s family member and offered its tips and warnings regarding how investors can protect themselves while utilizing such powers of attorney.

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