FINRA Lawyer Blog
The 2024 FINRA Annual Regulatory Oversight Report provides a detailed overview of FINRA’s regulatory activities, priorities, and key initiatives for the year. The report covers areas such as market regulation, member supervision, enforcement actions, and rulemaking efforts. It also highlights trends in the financial industry, emerging risks, and FINRA’s response strategies. The document emphasizes the importance of protecting investors, ensuring market integrity, and maintaining fair and efficient markets.
Financial Crimes
The financial crime section of the report details FINRA’s focus on combating activities such as money laundering, fraud, and market manipulation. Key initiatives include the use of advanced surveillance technologies and data analytics to detect suspicious activities. FINRA also emphasizes the importance of firms adhering to Anti-Money Laundering (AML) regulations, including thorough customer due diligence and suspicious activity reporting. The report highlights several enforcement actions taken against firms and individuals involved in financial crimes, showcasing FINRA’s commitment to maintaining market integrity and protecting investors.