February 2025 Board Update
The FINRA Board of Governors will hold its first meeting of the year next week. As the capital markets landscape continues to evolve through new products, new technologies and new services being offered to investors, the Board will discuss how FINRA should evolve as well to support innovative and vibrant markets and capital formation while protecting investors and safeguarding market integrity.
In addition, the Board committees will consider the following:
- The Regulatory Policy Committee will consider TRACE reporting timeframes consistent with my blog earlier this month, as well as potential rule modernization initiatives.
- The Regulatory Oversight Committee will receive an update on FINRA’s regulatory operations.
- The Finance, Operations and Technology Committee will:
- review the proposed allocation and use of FINRA’s 2024 fine monies consistent with the Financial Guiding Principles; and
- receive an update on the initiative to modernize the technology used by the examination program.
On the subject of our examination program—if you have not already done so—I encourage you to review FINRA’s recently released 2025 Annual Regulatory Oversight Report. It is a comprehensive resource of challenges, risks and effective practices that FINRA has identified from our touchpoints with firms across our entire Regulatory Operations, including our examinations of firms, contacts through our Risk Monitoring Program, enforcement actions and more. The three leaders of our Regulatory Operations groups discussed the report on a recent episode of our FINRA Unscripted podcast series, and we will address many of the topics included in the report during our Annual Conference May 13-15 in Washington.
More information about 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 the FINRA Board discussions shortly after the meeting.
Sincerely,
Robert W. Cook
FINRA CEO