corporate services
FINRA Compliance Consulting Services
Intelligence Driven Cyber Security Operations
FINRA COMPLIANCE CONSULTING
The Financial Industry Regulatory Authority (FINRA) is a government-authorized not-for-profit organization responsible for overseeing transactions and trading practices in the US financial markets. It supervises a vast number of brokers and daily transactions to protect the integrity of financial markets and ensure fair trading for investors. FINRA also offers extensive support to stakeholders, including investors, policymakers, and market regulators.
FINRA, overseen by the Securities and Exchange Commission (SEC), promotes fairness and integrity in financial markets through various means, such as providing investor protections, enforcing regulations, setting standards for securities, and enhancing investor education.
Compliance with FINRA regulations is mandatory for organizations operating in the financial industry or engaging in securities trading on the New York Stock Exchange. To meet FINRA compliance requirements, organizations must address four main compliance concerns, including firm operations, transparent communications and sales, integrity in financial transactions, and secure management of financial assets.
There are three types of entities required to comply with FINRA:
- Broker-dealer firms, which conduct securities transactions on behalf of investors.
- Capital acquisition brokers, offering limited securities-related financial services to companies or private equity funds.
- Funding portals, certified by the SEC as crowdfunding service providers.
At Certcube, we specialize in guiding financial professionals through FINRA/SEC regulations and standards to mitigate cyber security risks. Our advisors help establish policies and procedures, ensuring the implementation of cybersecurity best practices to safeguard customer data from potential breaches.
Certcube assists in reviewing your organization’s approach to various aspects, including technology governance, system change management, risk assessments, technical controls, incident response, vendor management, data loss prevention, staff training, FINRA compliance, and SEC data security
Risk Advisory
Our approach to FINRA COMPLIANCE AUDIT
Pre-Audit Preparation
On-Site Fieldwork
Documentation Review
Transaction Testing
Risk Assessment
The auditor will assess the firm’s risk management practices and determine whether the firm has identified and mitigated potential compliance risks.