“In 2023, FINRA continues to focus on compliance with Regulation Best Interest (Reg BI), due diligence processes, suitability of complex products and firms’ ability to proactively address risks of the increasingly sophisticated cyber threat landscape. Additional areas of concern are the rising use of mobile apps, inadequate supervision of possible manipulative trading, failures to determine fair pricing for fixed income and inadequate supervision of trading in fractional shares.” – Ismael “Ish” Manzanares Jr., COMPLY Vice President of Advisory Consulting Services
