Is FINRA Constitutional?

Engage Volume 12, Issue 2, September 2011
By Joseph McLaughlin
September 12, 2011

It would come as news to most Americans that large parts of our economy are regulated by two nominally private, non-profit organizations. Each of these nonprofits was created within the past few years. Each of them oversees the activities of thousands of large and small private companies and hundreds of thousands of their employees, with the power to levy ruinous fines and penalties and even to put them out of business...