Final answer:
Member firms are responsible for sending the annual compliance report to FINRA to adhere to regulatory standards and maintain market integrity. The option (D) is correct.
Step-by-step explanation:
The annual report attesting to compliance sent to the Financial Industry Regulatory Authority (FINRA) is provided by Member firms. These firms are required to comply with the regulations and legal standards established by the Securities and Exchange Commission (SEC), as well as the rules set forth by FINRA.
The report is an important part of maintaining transparency and integrity within the securities market, ensuring that member firms adhere to the legal standards for disclosure of information relevant to publicly traded securities, as outlined by the Federal Securities Act and overseen by the SEC. Therefore, option (D) is correct.
This question is not complete, Here I am attaching the complete question:
Annual report attesting to compliance sent in by _____ to FINRA?
a. Individual investors
b. Securities regulators
c. Registered representatives
d. Member firms