SIE Exam Question 627: Answer and Explanation

Question: 627

Which of the following is the governing body of FINRA, which oversees the administration of its affairs and the promotion of its welfare, objectives, and purposes?

• A. Board of Governors
• B. Board of Trustees
• C. Congress
• D. FINRA Chairman

Correct Answer: A

Explanation:

The Board of Governors is the governing body of FINRA and oversees the administration of its affairs and the promotion of its welfare, objectives, and purposes.