The Financial Industry Regulatory Authority’s (FINRA) annual report on examinations and risk monitoring contains insights on issues the organization uncovered in 2021 regarding broker-dealers’ compliance with Regulation Best Interest (Reg BI) during the rule’s first full year in existence.
The “2022 Report on FINRA’s Examination and Risk Monitoring Program” also addresses emerging anti-money laundering (AML) trends involving low-priced securities offerings and initial public offerings (IPOs) of Chinese-based companies.
