07.25.24

Hundreds of FINRA Member Firms Join Remote Inspections Pilot

by: Steve Randall

A total of 741 Financial Industry Regulatory Authority (FINRA) member firms have opted-in to the first part of a three year pilot assessing remote inspections of branches and offices. The regulator proposed the pilot in 2022 following the use of remote inspections during the pandemic. The Remote Inspections Pilot Program began its initial phase on July 1 and will run until December 31. The second phase will begin on January 1, 2025, and run until the end of the year, with firms wishing to take part able to do so until December 27, 2024.

Read the full article on InvestmentNews