By the end of next year, NYSE Group will bring most of its market surveillance, investigation, and enforcement functions back in-house when an existing contract with the Financial Industry Regulation Authority expires. NYSE Regulation, a non-profit subsidiary of the New York Stock Exchange, will perform these duties for its three equities exchanges and two options exchanges.
NYSE Regulation currently oversees FINRA’s performance of various regulatory duties on behalf of the New York Stock Exchange, NYSE Arca and NYSE MKT, including administering surveillance, enforcement, and disciplinary programs to ensure member firms’ compliance with exchange rules and federal securities laws, as well as monitoring and enforcing compliance by listed companies with listing standards.
