As the regulatory landscape is constantly evolving, Compliance Risk Concepts (“CRC”) is issuing its monthly […]
CRC Service Spotlight: 3012 / 3130 Testing and Certification Annually, FINRA member broker-dealers are required to test and verify the adequacy of their supervisory program, and the CEO is required to certify their awareness of the program’s state.
Regulators require a report for testing and verifying supervisory controls. With that said, here are two important questions every Broker-Dealer should be thinking about:
An independent review by longstanding industry professionals is the most effective way to ascertain a program’s status. At CRC, we strive to do more than perform a review- we strive to partner. Our industry veterans not only provide key insights into what is required of your firm, but assist your firm in building a stronger program- one that your management and regulators can have confidence in. Let CRC help you turn your risk into reward.