For the Public
FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist.
For Industry Professionals
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
Re reducing regulatory burden:
Eliminate the monthly Focus filing requirement for small, fully disclosed investment firms.
Eliminate the PCAOB required CPA to do the annual audit for FINRA, and the SEC.
Reduce the length of time FINRA takes to do the periodic firm exam remotely.
Michael Garawski is Senior Vice President and Director, Appellate Group, in FINRA’s Office of General Counsel (OGC). Mr. Garawski manages the program that advises FINRA’s National Adjudicatory Council and that represents FINRA in appeals that challenge FINRA’s regulatory actions before the SEC.
E.1. The phrase business as such under Exchange Act Rule 17a-4(b)(4) is not defined.34 What questions, concerns or challenges, if any, does this raise with respect to ensuring compliance with the recordkeeping requirements? Are there categories of records that are especially costly or difficult to capture or retain, and which may provide no appreciable regulatory benefit? <EA1: Ambiguity of the rule has nothing to do with the degree of difficulty to capture and retain specific types of records.
