By Suzanne Barlyn (Reuters) – Wall Street’s industry-funded watchdog has scrapped a controversial plan that would have required brokerages to supervise business lines that are not related to the securities industry, according to a recent regulatory filing. The Financial Industry Regulatory Authority, in a long-awaited proposal that would streamline rules for how brokerages should supervise themselves, dropped the idea it had initially proposed to the U.S. Securities and Exchange Commission in 2011. …
Stock Markets News Headlines – Yahoo! News
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