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Facilitating Compliance

To best ensure investor protection as a self-regulatory organization, it is critical that FINRA engage in a two-way dialogue with its member firms. It is our duty to provide the information members need to understand and meet their regulatory obligations, and in turn we regularly solicit and incorporate member feedback in order to refine our efforts.
Facilitating Compliance

This begins with ensuring that all firms and individuals are appropriately registered with FINRA and that individuals have passed relevant qualification exams. From there, we require individuals to take continuing education courses as well as offer ongoing optional programs in subject areas such as compliance, regulatory, ethical and sales practice standards, among others.

FINRA regularly engages with member firms to provide resources, tools and effective practices that help facilitate compliance with our rules. Each year, we provide an annual Exam Findings and Observations Report, Annual Exam and Risk Monitoring Priorities Letter, and host other timely, topical events such as member roundtables and forums.

We also believe that it is appropriate, after a reasonable period, to look back at our significant rulemakings to determine whether a rule or rule set is meeting its intended investor-protection objectives. These retrospective reviews look at the substance and application of a rule or rule set, including any unintended consequences, as well as our processes to administer the rules.

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Media Center
Money laundering looks different in the securities industry and that poses its own challenges. Add to that a landscape of constantly evolving threats and it is a lot to keep up with. On this episode, we hear about emerging threats and how firms can ensure their AML program remains strong and effective.
News Release
WASHINGTON—FINRA today issued a Regulatory Notice reminding member firms about the scope of broker-dealer chief compliance officer (CCO) supervisory liability under FINRA rules.
Podcast
The Report on FINRA’s Examination and Risk Monitoring program is an important reference document addressing more than 20 topics of interest for firms and regulators. On this episode, we talk to three members of the Member Supervision team about some key highlights and how firms can use this extensive document.
News Release
Includes Initial Findings From Reg BI Exams; Highlights Emerging and Ongoing Regulatory Topics Washington, D.C. – FINRA today published its 2022 Report on FINRA’s Examination and Risk Monitoring Program to provide insights from FINRA’s oversight programs to FINRA member firms. The 70-page Report covers 21 different topics—including five new subjects—relevant to an evolving securities industry.
Media Center
Greg Ruppert joined FINRA in 2020 to form and lead the National Cause and Financial Crimes Detection Programs. Now, he’s been tapped to lead Member Supervision, the team responsible for the surveillance and examination of FINRA member firms and for detecting and deterring activities that can cause investor harm. On this episode, we talk to Greg about how he views this transition in leadership and his goals and areas of focus in his new role.
Podcast
This episode originally aired in April 2021.The brokerage industry has an important role to play when it comes to detecting, preventing and reporting fraud. On this episode, we hear from the then-head of FINRA's National Cause and Financial Crimes Detection Programs about recent trends and how firms can work to protect themselves and their customers.
Podcast
The small firm community, those firms with 150 or fewer registered financial professionals, came together in October to discuss and engage on key areas of concern at the Small Firm Conference. On this episode, we're taking you behind the scenes of this year's event with an abridged look at the fireside chat with FINRA CEO Robert Cook and Executive Vice President Greg Ruppert.
Podcast
This episode originally aired in October 2020. Firm regulatory risks and priorities don't exist in a vacuum. And that is perhaps nowhere clearer than when it comes to a firm's anti-money laundering responsibilities. A firm's AML risks can overlap with any number of other priorities. On this episode we look at the overlapping risks of AML and cybersecurity.
Podcast
As part of FINRA’s Member Supervision Transformation, each firm was assigned a Single Point of Accountability – a senior leader in Member Supervision that helps firms navigate their experience with FINRA. On this episode, we are joined by two SPOAs to learn more about their roles and priorities.
News Release
WASHINGTON—The Securities and Exchange Commission's Division of Examinations and Office of Municipal Securities (OMS), the Municipal Securities Rulemaking Board (MSRB), and FINRA today announced the opening of registration for the 2021 Compliance Outreach Program for Municipal Advisors. The virtual program will be held Thursday, Oct. 7, 2021, 10 a.m.-5 p.m. ET. Additional information and program materials, including the agenda, are available on FINRA’s website.