Financial Calculators and Other Info from FINRA

The Financial Industry Regulatory Authority (FINRA) is the largest independent regulator for all securities firms doing business in the U.S.  This industry self-regulatory body was formed in 2007 through consolidation of NASD (the National Association of Securities Dealers) and the member regulation, enforcement, and arbitration sections of the New York Stock Exchange (after NYSE became a publicly traded company).  It also conducts market regulation for NASDAQ and the American Stock Exchange.

FINRA's website contains excellent investor education and information materials, including its "Risk Meter" and "Scam Meter" - short interactive programs that demonstrate "if it's too good to be true, it probably IS a scam."  Could be useful teaching aids! 

Link to FINRA:  http://www.finra.org/AboutFINRA/index.htm

Link to Risk Meter: http://www.finra.org/Investors/Subscriptions/InvestorNews/P118079

(ag) July 16, 2009, in Securities Law, Corporate Governance