The exception reports you receive from your clearing firms need to detect trends of suspicious activity over time if you're relying heavily on them for ...
Firms need to improve their disclosure of conflicts of interest, FINRA CEO Richard Ketchumsaid recently.That's one of a range of compliance-related updates Ketchum gave the ...
FINRA conducted about 800 branch office exams in 2011, increasing the 2010 level by about 300, senior staff said recently at FINRA's annual conference. A ...
Consider conducting unannounced inspections of your branch offices on a random basis - as opposed to relying just on a triggering event. That's a change ...
Here's another reason to debrief staff when they return from an industry conference. A few years ago, Reema Shah ran into Robert Kwok "in a ...
Exchange-traded funds and reverse-leveraged exchange-traded funds continue to be on the watch list of FINRA's Enforcement Division, a senior FINRA staffer said last week. Recently, ...
If you have a FINRA exam on July 9th or later, brace for examiners to check your compliance with new suitability rule 2111, a senior ...
Consider FINRA's sanction guidelines for violating its rule on outside business activities when you set your firm's levels of punishment for reps who violate it. ...
Consider conducting the unannounced inspections of your branch offices on a random basis - as opposed to relying just on a triggering event. That's a ...
If you have a FINRA exam on July 9th or later, brace for examiners to check your compliance with new suitability rule 2111, a senior ...