Prepare for a regulatory deep dive as computer-based threats grow in importance
Broker dealers are becoming bigger targets as regulators clamor to strengthen the cybersecurity practices of financial institutions. Due to its mandate of protecting investors and market integrity by overseeing securities firms, the Financial Industry Regulatory Authority (FINRA) has taken a leading role in this initiative. The alarming truth is that many broker dealers have failed to stay up to date with cybersecurity controls. This white paper details how broker dealers can get in compliance with FINRA’s technology-related rules.