Financial Regulatory Forum

Broker-dealers face big compliance challenge, new costs in FINRA stress tests

September 30, 2015

By Richard Satran, Regulatory Intelligence

NEW YORK, Sept. 30, 2015 (Thomson Reuters Regulatory Intelligence) – Broker-dealers who have been largely spared the burden of the painful stress testing that major bank faced after the financial crisis of 2008 will finally taste some of the medicine given to the financial giants.

U.S. regulators urge firms to improve business continuity and disaster recovery plans

August 21, 2013

By Stuart Gittleman, Compliance Complete

NEW YORK, Aug.21 (Thomson Reuters Accelus) – Futures and securities firms should review their industry-wide and internal business continuity and disaster recovery plans to improve responsiveness to significant disruptions and reduce recovery time, their regulators said Friday in a staff advisory.