FINRA Zooming In on Platform Outages, Suspicious Activity Reports

April 12, 2021 by Melanie Waddell

This year’s Financial Industry Regulatory Authority exams will focus on broker-dealer filings of suspicious activity reports (or SARs), technology governance, and communications about digital assets, in addition to Regulation Best Interest, says Bill St. Louis, FINRA’s senior vice president of retail and capital markets firms.

“There’s an intersection between cyber events and [anti-money laundering],” St. Louis explained during a just-released FINRA podcast, Exam and Risk Monitoring Program: Responding to COVID-19 and Looking Ahead.

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Originally Posted at ThinkAdvisor on April 6, 2021 by Melanie Waddell.