FINRA outlines its regulatory priorities, challenges for 2015

Profitable Counsel

By James J. Eccleston

James J. Eccleston is a securities attorney, representing investors as well as brokers and brokerage firms nationwide in arbitration, litigation and regulatory matters. He maintains websites at EcclestonLaw.com and FinancialCounsel.com, and a blog at FinancialCounsel.typepad.com. He is president of Eccleston Law Offices P.C. and can be reached at (312) 332-0000.

Posted February 2, 2015 3:01 PM

The Financial Industry Regulatory Authority (FINRA) has issued guidance to financial advisers and their firms, stating what it perceives to be “recurring challenges” and announcing its “Areas of Focus for 2015.” Let’s examine the key points. As a preliminary matter, FINRA comments that, over the past decade, it has witnessed “tremendous changes to firms, markets and regulation.” While many changes have been “positive,” there continue to be challenges. FINRA …

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