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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Financial Industry Regulatory Authority Inc

Financial Industry Regulatory Authority Inc

Fiscal year ending 2017. Filed on November 15, 2018.

1735 K Street NW
Rockville, Maryland 20850

Financial Industry Regulatory Authority Inc (EIN: 53-0088710) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, Financial Industry Regulatory Authority Inc, a 501(c)(6) business league, reported compensation for 42 out of 3,950 total employees. Among the employees shown here, the average compensation is $558,958. The highest compensated employee at Financial Industry Regulatory Authority Inc is Susan F Axelrod with fiscal year 2017 compensation of $2,675,943.

Revenue, expenses, and employee compensation

Revenue

$1,307,685,653

Expenses

$1,444,708,072

Employee compensation

$687,502,550
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Susan F Axelrod
Executive Vice President
$2,675,943
$910,537 No related comp$1,765,406
Todd T Diganci
Executive VICE President/Cfao
$1,477,355
$1,291,897 No related comp$185,458
Robert W Cook
President and Chief Executive Officer
$1,451,523
$1,008,615 No related comp$442,908
Steven J Randich
Executive Vice President and Chief Information Officer
$1,353,048
$1,079,111 No related comp$273,937
Robert L D Colby
Executive Vice President and Chief Legal Officer
$1,301,143
$1,236,628 No related comp$64,515
Steven A Joachim
Executive Vice President
$1,267,996
$1,251,365 No related comp$16,631
Thomas R Gira
Executive Vice President
$1,019,257
$913,435 No related comp$105,822
Daniel Sibears
Executive Vice President
$975,380
$832,070 No related comp$143,310
Michael Solomon
Senior Vice President
$958,066
$881,300 No related comp$76,766
Michael Rufino
Executive Vice President
$953,456
$767,892 No related comp$185,564
Richard G Ketchum Fmr
Chair and Chief Executive Officer
$941,150
$937,500 No related comp$3,650
Cameron Funkhouser
Executive Vice President
$914,463
$790,937 No related comp$123,526

Benchmark Employee Compensation

Non-Employee Board Members

Amy L Webber
Board Member
$40,717
$40,717 No related compNo other comp
Joseph M Mecane
Board Member
No compensation reported
Stephen M Cutler
Board Member
No compensation reported

Contractors

Amazon Web Services
Hosting
$21,274,470
Tek Systems
Tech Consulting
$14,690,788
Nasdaq Technology Ab
Hosting
$14,134,408
Prometric Inc.
Testing
$10,561,814
Compugain Corporation
Consulting
$5,458,095

Mission Statement

FINRA's mission is to protect investors and safeguard the integrity of our vibrant capital markets to ensure that everyone can invest with confidence.

Revisions to this organization profile

November 17, 2025:
2024 Financial Industry Regulatory Authority Inc 990 filed
November 15, 2024:
2023 Financial Industry Regulatory Authority Inc 990 filed
November 15, 2023:
2022 Financial Industry Regulatory Authority Inc 990 filed

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