COORDINATED EXAMINATIONS:
BROKER-DEALERS
Based on coordinated examinations of broker-dealers throughout the United States, NASAA identifies top compliance deficiencies and offers a series of recommended best practices for broker-dealers to consider in order to improve their compliance practices and procedures. These best practices are designed to support broker-dealers in meeting their compliance challenges and providing better services to their clients.
2018 Broker-Dealer Coordinated Examination Findings and Recommended Best Practices
2016 Broker-Dealer Coordinated Examination Findings and Recommended Best Practices
2012 Broker-Dealer Coordinated Examination Findings and Recommended Best Practices
2010 Broker-Dealer Coordinated Examination Findings and Recommended Best Practices
NASAA REGULATION BEST INTEREST IMPLEMENTATION COMMITTEE NATIONAL EXAMINATION INITIATIVE
NASAA Regulation Best Interest Implementation Committee National Examination Initiative Phase Two Report, November 2021
On November 4, 2021 NASAA released the results of a nationwide survey that finds many broker-dealer firms still place their financial interests ahead of their customers despite the implementation of the SEC’s Regulation Best Interest. This report, by the NASAA Regulation Best Interest Implementation Committee, follows NASAA’s 2020 Reg BI Phase One Report that analyzed financial services industry policies and practices prior to the implementation of Reg BI.
NASAA Regulation Best Interest Implementation Committee National Examination Initiative Phase One Report, September 2020
This report, by the NASAA Regulation Best Interest Implementation Committee, provides the first comprehensive look at industry practices prior to the implementation of the Securities and Exchange Commission’s Regulation Best Interest and provides important benchmarking data to help measure the effectiveness of the new federal standard of care regulation.
