Regulatory Notice 13-25

Business Continuity Planning
FINRA, the SEC and CFTC Issue Joint Advisory on Business Continuity Planning

Executive Summary

Following Hurricane Sandy, which caused widespread damage on the northeast coast of the United States in October 2012, FINRA, the Securities and Exchange Commission's (SEC) Office of Compliance Inspections and Examinations and the Commodity Futures Trading Commission's (CFTC) Division of Swap Dealers and Intermediary Oversight jointly reviewed firms' business continuity and disaster recovery planning. FINRA, the SEC and CFTC are issuing the attached Business Continuity Planning advisory to encourage firms to review their business continuity plans and to provide best practices to help improve responses to, and to reduce recovery time after, significant large-scale events.

 

Questions concerning this Notice may be directed to your firm's Regulatory Coordinator.