On January 8, 2018, FINRA released a 2018 Regulatory Exam Priorities Letter. The letter highlights specific areas where FINRA will focus their exam priorities and indicates specific areas of opportunity for FINRA members to improve their compliance programs. Considering rapidly changing technology and changes in regulation, it is critical for firms to constantly review and update their policies and procedures. The 2018 exam priorities letter, provided by FINRA, should be used as a point of reference when performing your firm’s at least annual review of the compliance program. Below is a list of items addressed in the FINRA 2018 Exam Priorities Letter:
- Fraud
- High-risk Firms and Brokers
- Business Continuity Planning
- Customer Protection and Verification of Assets
- Technology Governance
- Cyber Security
- Anti-Money Laundering
- Liquidity Risk
- Short Sales
- Suitability
- Initial Coin Offerings and Cryptocurrencies
- Use of Margin
- Securities Backed Lines of Credit
- Manipulation
- Best Execution
- Regulation SHO
- Fixed Income Data Integrity
- Options
- Market Access
- Alternative Trading System Surveillance
Red Oak can help you establish written policies procedures that are compliant and effective, and manage your ongoing compliance program. If you have any questions or concerns or would like us to assist you with your compliance program, please call 888.302.4594 or email us and we will be happy to assist.
About Red Oak Compliance Solutions
Red Oak Compliance Solutions is a leading provider of intelligent compliance software, offering a range of AI-powered solutions designed to help firms of all sizes successfully navigate the increasingly complex regulatory landscape. Our suite of 17(a)-4/WORM compliant features offer risk minimization, cost reduction, and process optimization capabilities with features that are designed to evolve with our client’s needs. Our flagship advertising review software enables firms to deliver compliant content to the market with confidence, faster. Our Disclosure Management and Intelligence solution simplifies the management of disclosures, while our Registration Management solution automates and streamlines the licensing and registration process, further enhancing your internal processes.