February 6, 2018
McGuireWoods partner Emily Gordy provided an overview of the Financial Industry Regulatory Authority’s 2018 regulatory and examination priorities in a Law360 “Expert Analysis” column.
The Feb. 6 article covered 10 key takeaways from FINRA’s annual letter, which broker-dealer firms use to assess the strength of their compliance, supervision and risk management programs.
“The information conveyed includes identified deficiencies and gaps, what firms are doing to comply (including best practices), and what is on the horizon in terms of new regulatory requirements, new products and evolving risks,” Gordy wrote.
She added, “Firms using this information to evaluate their programs — assess strengths, identify gaps and shore up weaknesses — will be able to proactively enhance their programs.”