Financial Industry Regulatory Authority
Julian RaineroBracewell & Giuliani
FINRA officials wrote that the expanded information would provide greater insight into firms' operations, helping the SRO better plan for exams. FINRA lately has been eyeing FOCUS reports as a tool it can use to sharpen the risk-focus of its exam program (CR, 6/21). It expects to spell out the content and frequency of its supplemental filings at a later date. The deadline for comments is Aug. 18.
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