The Financial Industry Regulatory Authority announced Tuesdaythat it has established an Innovation Outreach Initiative in aneffort to better understand how new innovations in financial technology affect the industry.

The initiative includes a Blockchain Symposium in NewYork on July 13. FINRA representatives, regulators and industryleaders like James O'Neill, vice president of operations atFidelity Investments; John Zecca, senior vice president ofMarketWatch and head of market regulation in the U.S. for Nasdaq;and Todd McDonald, co-founder of the R3 blockchain consortium.

“FINRA has long been engaged in discussions about fintechissues with member firms and other key stakeholders. The InnovationOutreach Initiative will enable us to better track fintechdevelopments across the rapidly changing industry environment inorder to support innovation in the industry while maintaininginvestor protection and market integrity,” Robert Cook, FINRApresident and CEO, said in a statement.

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