December 2024 Board Meeting

The FINRA Board of Governors meets this week for the final time this year. Following are several items the Board committees will consider.

• The Regulatory Policy Committee will review a rule proposal about outside business activities and private securities transactions.
• The Finance, Operations and Technology Committee will review FINRA’s 2025 proposed budget.
• The Nominating and Governance Committee will nominate and appoint new members to the National Adjudicatory Council (NAC) and the Small Firm Advisory Committee (SFAC).
• The Regulatory Oversight Committee will:
  • receive an update from FINRA’s Cyber Analytics Unit, responsible for conducting complex investigations in the cybersecurity and cyber-enabled fraud space, and proactively detecting and addressing threats; and
  • receive an update on the 2025 FINRA Annual Regulatory Oversight Report.

The last item above—the Regulatory Oversight Report—is designed to provide members with insight into findings from our Member Supervision, Market Regulation and Enforcement programs, which you can use to strengthen your firm’s compliance programs. The report reflects our commitment to provide transparency to member firms and the public about our regulatory activities. We anticipate publishing the report and additional related resources in January.

More information regarding the Board’s operations, including the membership and responsibilities of its committees, is available on FINRA’s governance page.

I look forward to sharing an update about our discussions shortly after the meeting.

Sincerely,

Robert W. Cook 
FINRA CEO