FINRA exams are challenging for everyone, however, there are several steps firms can take to better prepare for an onsite investigation. Read More

More than 1,000 attendees and approximately 150 speakers attended FINRA’s annual conference back in May – including a team from Quest CE who took part in the three-day exhibitor fair. Read More

The Securities Industry/Regulatory Council on Continuing Education (Council) just recently published its Q2 2017 Firm Element Advisory (FEA). Read More

Approaching updates with a “housekeeping” frame of mind can help your organization make the minor adjustments it needs to meet any new requirements. Read More

A firm from Carrollton, Texas was expelled from FINRA membership and fined $100,000, while it’s CCO was fined $25,000, barred and suspended for three months. Read More

According to a recent report conducted by Eversheds Sutherland, 2016 was a record shattering year for FINRA fines, surpassing last year’s total by 87% and breaking the previous record set back in 2014. Read More

As part of FINRA’s retrospective review of its rules governing communications with the public, the self-regulatory authority is soliciting comment on proposed amendments to FINRA Rule 2210 (Communications with the Public). Read More

According to this month’s FINRA disciplinary actions notice, a representative from New York, New York was assessed a deferred fine of $7,500 and suspended from association with any FINRA member in any capacity for 60 days due to the entry of findings that contrary to her member firm’s policies, she used the text-messaging function of a non-firm-issued smartphone to exchange business related messages with a customer. Read More

On February 7, 2017, the Office of Compliance Inspections and Examinations (“OCIE”) issued a Risk Alert discussing the five most frequent compliance topics identified in OCIE examinations of investment advisors. The Alert was compiled based on deficiency letters from over 1,000 investment advisor examinations completed during the past two years. Read More

Earlier this month, SIFMA hosted its annual Anti-Money Laundering and Financial Crimes conference in New York, NY. During the program, FINRA’s Executive Vice President of Regulatory Operations, Susan Axelrod, took the stage to address an "area of significant regulatory focus" for FINRA, Anti-Money Laundering. Read More