Tag Archives: FINRA Rule 3110

FINRA Provides Background Investigation of Public Financial Records

FINRA is making enhancements to its  disclosure review process that will permit firms to rely on FINRA’s background investigation and verification process for purposes of compliance with the requirement to conduct a search of public records relating to bankruptcies, judgments and liens. Specifically,  FINRA will conduct a public records search within fifteen calendar days from … Continue reading FINRA Provides Background Investigation of Public Financial Records

FINRA Requests Comments on Proposal for Remote Inspections of Branch Offices

FINRA’s responded to industry feedback on the inspection process for branch offices.  Based on Rule 3110 (the Supervision Rule),  each firm to currently required to establish and maintain a system to supervise the activities of each associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA … Continue reading FINRA Requests Comments on Proposal for Remote Inspections of Branch Offices