Finra Posts 2015 Regulatory, Exam Priorities Letter; New Audit Trail Team to be Created
Outsourcing, cybersecurity & trading tech areas of interest
The letter, which is in its tenth edition, lists five key areas of broker-dealer activity that Finra believes improvements need to be made to: alignment of firms' interests with those of their customers; standards of ethical behavior; development of strong supervisory and risk management systems; development, marketing and sale of novel products and services; and management of conflicts of interest.
"While we have seen some firms make great progress in keeping up with these changes, more
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