Risk Control Assessment (RCA) Survey

Update (June 27, 2016): The deadline for submitting the RCA survey to FINRA has been extended to Wednesday, July 20.

The Risk Control Assessment (RCA) is an integral part of FINRA’s risk-based examination and surveillance program. FINRA uses it to better understand the risks associated with the business activities in which individual member firms engage, the products and services they sell, and the kinds of clients and counterparties with which they deal. In addition, the RCA helps us identify and assess the integrity of the controls intended to manage those attendant risk exposures.

Firms that have participated in the RCA have generally experienced a more streamlined examination focused on areas that may pose a real risk to investors or market integrity. As a result, participating firms generally spend less time hosting FINRA examiners onsite for examinations.

On or around June 1, 2016, the executive representative of currently active firms will receive an email with a survey link that is unique to their firm. Firms are asked to complete the survey by the newly extended deadline of Wednesday, July 20, 2016.

If you have questions, please contact the FINRA RCA team or call the FINRA Gateway Call Center at (301) 869-6699.