The Financial Industry Regulatory Authority (FINRA) has withdrawn a proposal designed to make it easier for investors to research the backgrounds of brokerage firms and brokers, but said it would refile the planned rule. FINRA's proposal, originally filed with the U.S. Securities and Exchange Commission in January, would have required brokerages to include a link on their website to FINRA's free online disclosure database known as "BrokerCheck." The rule would have also applied to firm-related social media pages, such as those on Facebook and Twitter. Some industry comments sent to the SEC said this portion of the rule would be a challenge to implement. "We withdrew the filing in order to give further consideration to the comments received in response to the SEC's publication of the proposed rule change," a FINRA spokeswoman said in a statement provided to Reuters. "We plan to refile." FINRA, Wall Street's industry-funded watchdog, filed a notice with the SEC on April 18 to
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