FINRA has released its Regulatory and Examination Priorities Letter for 2017. The letter provides information about areas FINRA plans to review in its 2017 exams based on observations from its regulatory programs as well as input member firms, other regulators and investor advocates.
The annual letter is a must read for all broker-dealers,supervisors and financial advisors, as it provides useful insight into current regulatory issues, and a framework to review your own procedures.
FINRA has stated that there is a focus focus on core “blocking and tackling” issues of compliance, supervision and risk management.
Most of the topics addressed in this year’s letter have been highlighted in prior years, but specific areas of emphasis have been updated or modified based on recent observations and experience.
2017 Regulatory and Examination Priorities Letter