01.28.25

FINRA Focuses on Outside Vendor Use, Cybersecurity and AML in 2025

by: Miriam Rozen

The Financial Industry Regulatory Authority (FINRA) announced that this year it will focus on some common compliance themes, including broker-dealers’ cybersecurity risks and anti-money laundering (AML) controls. It will also focus on the selection of third-party vendors, according to its annual regulatory oversight report. FINRA's addition of third-party vendors to the list complements the U.S. Securities and Exchange Commission’s efforts to hold investment advisors accountable for outsourcing risks.

Read the full article on AdvisorHub