FINRA Rule 3130 – Global Relay Intelligence & Practice

Welcome to GRIP, Global Relay's new digital information service on practical compliance and regulatory change.

Please enjoy this free trial of our subscription content service, for a limited time only.

FINRA Rule 3130

A chief executive officer of a member firm must certify annually that the member has in place processes to establish, maintain, review, test and modify written compliance policies and written supervisory procedures reasonably designed to achieve compliance with applicable FINRA rules.

Rule Overview

Jurisdiction: United States

Regulator: FINRA

Topic: General Requirements

Overview

Latest News

Further Reading

The rule also requires an attestation that the chief executive officer has conducted one or more meetings with the chief compliance officer(s) in the preceding 12 months to discuss such processes.

Latest News More on FINRA

Enforcement

FINRA settles with Barclays Capital over fingerprinting, screening issues

August 27, 2024

FINRA alleges the firm did not fingerprint and properly screen non-registered associated persons based in foreign locations as required by its rules.

Julie DiMauro3 min read
Enforcement

FINRA disciplinary action update 2024/32

August 20, 2024

Disciplinary decisions issued August 10 – 16, 2024.

Thomas Hyrkiel4 min read
Supervision

Podcast: Deirdre Patten and Julie DiMauro on business continuity plans

August 12, 2024

BCPs can help your organization deal with difficult situations, ensuring it can continue to function with as little disruption as possible.

Julie DiMauro<1 min read
Enforcement

FINRA disciplinary action update 2024/31

August 12, 2024

Disciplinary decisions issued August 3 – 9, 2024.

Thomas Hyrkiel3 min read
Enforcement

FINRA disciplinary action update 2024/30

August 7, 2024

Disciplinary decisions issued July 27 – August 2, 2024.

Thomas Hyrkiel5 min read
Enforcement

FINRA's action against Pershing LLC highlights its emphasis on well-designed WSPs

August 6, 2024

The firm was one of several businesses recently censured for a failure to maintain well-functioning and appropriate WSPs.

Julie DiMauro5 min read
Enforcement

FINRA disciplinary action update 2024/29

July 31, 2024

Disciplinary decisions issued July 20 – 26, 2024.

Thomas Hyrkiel2 min read
AI

New guidance from Department of Commerce on safe development of AI

July 30, 2024

Commerce presses on with measures on AI risk mitigation, adding to a slew of measures this year from US regulatory agencies.

Julie DiMauro4 min read

Further Reading

Proskauer broker-dealer and investment adviser supevisory requirements