Updated Thursday, October 30, 2014 as of 12:03 PM ET

Under Pressure, FINRA Moves to Expand Advisor Background Checks

In the wake of revelations that hundreds of registered advisors have failed to publically disclose personal bankruptcies, criminal charges and other potentially damaging information, FINRA is moving to toughen the reporting requirements for BrokerCheck, its public-facing system for consumers to vet their financial advisors.

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