On December 6, the Financial Industry Regulatory Authority (FINRA) released a summary of findings from its examinations of broker-dealers (Summary Report). As part of FINRA’s mission of investor protection and market integrity, FINRA conducts regular examinations of its broker-dealer members, with each broker-dealer being examined at least once every four years. FINRA prepares a report—which is only available to the examined FINRA member—based upon the examination findings, and the members are required to address issues identified in this report.
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private securities transactions
FINRA Requests Comment on Rules Governing Employees’ Outside Business Activities
By Janet M. Angstadt & Timothy D. Kertland on
Posted in Broker-Dealer
On May 15, as part of a new review, the Financial Industry Regulatory Authority requested public comment on the effectiveness and efficiency of its rules governing the outside business activities and private securities transactions of employees of FINRA member firms.
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