05.15.24

FINRA Debuts Remote Inspections Resource for Advisors, Firms

by: Melanie Waddell

The Financial Industry Regulatory Authority (FINRA) created a new web page for its voluntary, three-year Remote Inspections Pilot Program, which starts on July 1, 2024, and ends on June 30, 2027. Eligible member firms will have the flexibility to be inspected “without an on-site visit to the office or location, subject to specified terms that include conducting and documenting a risk assessment and producing written supervisory procedures for conducting remote inspections and inspection data to FINRA,” the page states. FINRA also reminded firms that the temporary remote inspections rule will end on June 30.

Read the full article on Think Advisor