About This Course
This CLE program provides guidance on common deficiencies noted during FINRA cycle examinations of medium and large firms, and issues that result in a cautionary letter. Industry practitioners discuss their experience during examinations and taking corrective action and updating compliance procedures and practices based on lessons learned from common examination deficiencies.
After attending this session, you will be able to:
- Understand the FINRA examination process and how to create effective practices to facilitate the examination
- Discuss common exam deficiencies cited during examinations of medium and large firms
- Understand effective practices used by firms in responding to exam deficiencies and recommendations, included in examination reports
- Determine how to implement effective corrective action and strengthen controls in response to exam deficiencies.
- Understand how to prepare for your next examination
FINRA® is a registered trademark of the Financial Industry Regulatory Authority, Inc.