A recent DC Circuit Court of Appeals challenge to a FINRA enforcement action brings into question whether FINRA should be held accountable to constitutional restrictions on state action. Katten takes a look at the challenge and its potential far-reaching implications on the constitutionality of FINRA’s regulatory program and enforcement function, and by extension, those of other self-regulatory organizations (SROs).
| less than a minute read
Recent DC Circuit Court of Appeals Case Brings FINRA to the Forefront of the SRO State Actor Controversy
Get in touch
+3 more...
Get in touch
Get in touch
+3 more...
Get in touch
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2025-12-10-22-20-21-064-6939f2253022ad2765806a66.jpg)
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2025-12-11-13-35-21-722-693ac8994973e04fad13aa58.jpg)
/Passle/5fb3c068e5416a1144288bf8/SearchServiceImages/2025-12-10-16-16-53-214-69399cf5871e4efadba151dd.jpg)
/Passle/5fb3c068e5416a1144288bf8/MediaLibrary/Images/2025-12-09-00-29-53-140-69376d816a72147741bc971f.jpg)