The Financial Industry Regulatory Authority (FINRA) will assume surveillance and enforcement functions for NYSE Euronext’s three U.S. equities and options markets in an agreement announced Monday, June 14. The agreement is effective immediately.
Under the arrangement, which was announced earlier this year, FINRA will perform market regulatory functions for the New York Stock Exchange, NYSE Arca and NYSE Amex. Prior to the agreement, these functions were conducted by NYSE Euronext’s NYSE Regulation subsidiary.
NYSE Euronext joins a bevy of exchanges for which FINRA currently provides regulatory services: NASDAQ Stock Market, NASDAQ Options Market, NASDAQ OMX Philadelphia, NASDAQ OMX Boston, The BATS Exchange and The International Securities Exchange.