Finra launches online compliance gateway
The Financial Industry Regulatory Authority (FINRA) today announced the activation of the FINRA Firm Gateway - a web-based suite of compliance applications that makes it easier for registered firms to meet compliance and regulatory standards.
The 5,000-plus FINRA-registered firms are now able to meet many of their filing obligations directly from their desktops. This includes the ability to submit nearly every electronic regulatory form through the web, such as those required when a broker joins or leaves a firm and branch-office registration forms. Compliance staff also can easily check the status of filings and receive alerts to key regulatory changes.
The Firm Gateway provides consolidated access to FINRA applications, aggregating content and tools that help simplify compliance tasks and focus attention on reporting activities that firms must perform. It features some of the most frequently used regulatory applications, including the Central Registration Depository (CRD), Financial and Operational Combined Uniform Single Reports (FOCUS), the Order Audit Trail System (OATS) and the Investment Adviser Registration Depository (IARD).
(Source: Finextra)
