From: Reuters
NEW YORK (Thomson Reuters Regulatory Intelligence) – The Financial Industry Regulatory Authority for the first time has released an interim report on findings of early broker-dealer compliance exams, as the industry self regulator works to examine every firm over the next four years.
The new early look at exams(here) was instituted at the start of the year by CEO Robert Cook when he took over as head of FINRA with an agenda of getting closer to members’ practices to institute changes in service and oversight. The interim report is aimed at giving firms more guidance on how to strengthen compliance.
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