At regulator's annual conference, concerns are raised but some attendees see the silver lining.
Plan addresses firms' objections to creating thousands of individual links to profiles.
At its board meeting, Finra approved background checks for brokers and plans to consider requiring new information such as exam scores on BrokerCheck.
<i>Exclusive:</i> Having <a href="//www.investmentnews.com/article/20140413/REG/304139997"" target=""_blank"" rel="noopener noreferrer">pulled back efforts</a> to become the regulator for advisers, Finra CEO Ketchum has plans to discuss BrokerCheck at this month's board meeting.
Commission is developing rule proposal to strengthen industry data received, official says.
Tittsworth letter encourages agency to reallocate existing resources to bolster examinations.
Chairman says agency has the authority to implement such a rule.
Both SIFMA and FSI cautious about Finra proposal to strengthen its database.
MSRB proposal modeled on Finra's for equity and fixed-income markets; "promote market competition and efficiency."
A report from the North American Securities Administrators Association uncovered a wide disparity in how broker-dealers disclose the fees they charge and questionable practices regarding markups.
