It is always good to know what regulators are going to focus on, and to prepare for that exam.
Today FINRA released its 2022 Report on Examination and Risk Monitoring Program (the Report). While not a road map it provides firms with information that may help inform their compliance programs.
We will post our analysis and tips in the next few days, but FINRA is giving you their signals.
Sallah Astarita & Cox
, broker dealer counsel and former SEC
attorneys, have been doing this for DECADES. Call and let’s make you are setup for the 2022 examinations.
The report identifies the relevant rule(s), highlights key considerations for member firms’ compliance programs, summarizes noteworthy findings from recent examinations, outlines effective practices that FINRA observed during its oversight, and provides additional resources that may be helpful to member firms in reviewing their supervisory procedures and controls and fulfilling their compliance obligations.
Call Sallah Astarita & Cox at 212.509.6544 to find out how they can work with your compliance department to get through the next sweep.
Mark Astarita is a nationally recognized securities attorney, who represents investors, financial professionals and firms in securities litigation, arbitration and regulatory matters, including SEC and FINRA investigations and enforcement proceedings.
He is a partner in the national securities law firm Sallah Astarita & Cox, LLC, and the founder of The Securities Law Home Page - SECLaw.com, which was one of the first legal topic sites on the Internet. It went online in 1995 and is updated daily with news, commentary and securities law related links.