The Financial Industry Regulatory Authority will start a cost-benefit analysis of its own rules, looking at issues such as whether the self-regulatory organization's rules should be applied uniformly across all firms. "We're not all large integrated firms," said FINRA head Richard Ketchum. "We have a lot of cats and dogs in our membership." FINRA's examination is part of a push by regulators to better understand the economic effects of rules and regulations, a process that SIFMA has actively sought.
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