Financial Web Technologies

Navigation Menu

FINRA warns BDs on AML & the Adequacy of Surveillance Systems

FINRA warns BDs on AML & the Adequacy of Surveillance Systems

Posted by on Apr 8, 2016 in AML, CCO Liability, Compliance Automation, Cybersecurity | 0 comments

Written By: Don Lee FINRA’s Executive Vice President of enforcement Brad Bennett highlighted two trends that FINRA is seeing in enforcement during his speech at SIFMA’s AML and Financial Crimes conference.  Firstly, he mentioned that firms must have an adequate system for monitoring suspicious activities. These systems must be properly...

Read More

FINRA’s 2016 Examination Priorities and Technology

FINRA’s 2016 Examination Priorities and Technology

Posted by on Jan 6, 2016 in AML, Compliance Automation, Conflicts of Interest, Cost of Complaince, Cybersecurity | 0 comments

Written by Don Lee FINRA has published its Annual Examination Priorities letter for 2016. This is an annual letter for all FINRA member firms to help them prepare for upcoming examinations and helps others update their compliance programs. This year, FINRA has devoted an entire section to Technology which includes Cybersecurity, Technology Management and...

Read More

7 Simple tips for Cyber-Security for Broker Dealers and RIAs

7 Simple tips for Cyber-Security for Broker Dealers and RIAs

Posted by on Oct 28, 2015 in Compliance Automation, Cybersecurity | 0 comments

Written by Don Lee Cyber-Security is a hot topic with the SEC and FINRA. Regulators have announced their examinations will include Cyber-Security and some will have a Cyber-Security exam on its own. But are you ready? Here are 7 simple things you can implement right now to get started: 1. Create an inventory of your computer network. Include all...

Read More