Transcription
Using FINRA Technology toSupport ComplianceAugust 7, 20122:00-3:30 Eastern Time (ET)
Program Notes Asking questions – Click the word balloon icon. It appears above thevideo screen in the Windows Media console, and in the bottom right ofthe Silverlight console. PowerPoint or resources – Click on the paperclip resource linkabove the video window. Technical difficulties – Call Technical Support at (212) 858-4119.Choose Option 2 for Technical Assistance, then choose 2 for FINRAWebinars.Use of the practices and information from this program does notguarantee compliance with regulatory requirements or create a safeharbor from regulatory responsibilities.Using FINRA Technology to Support Compliance Webinar Copyright 2012 FINRA2
Agenda1. Firm Gateway2. Web CRD Reports and Notifications3. Report Center4. Firm Profile5. Interactive Tools6. FINRA Website Resources7. Keeping Current8. Compliance Resource ProvidersUsing FINRA Technology to Support Compliance Webinar Copyright 2012 FINRA3
Firm Gateway
Firm Gateway The Firm Gateway provides: A single point of access to firm regulatory compliance applications Access to common tasks, useful resources, important events and upcomingrule changes Tools to simplify compliance tasks and focus user attention on requiredaction Access the Firm Gateway from: FINRA.org home page or https://firms.finra.org/Using FINRA Technology to Support Compliance Webinar Copyright 2012 FINRA5
Firm Gateway Login6
Firm Gateway: Main Page7
Firm Gateway: Customizing8
Firm Gateway: Useful Resources9
Firm Gateway: CRD Queues10
Firm Gateway: Alerts & Reminders11
Firm Gateway: Forms & Filings Catalog12
Firm Gateway: Forms & Filings Catalog13
Web CRD Reports and Notifications
Web CRD Reports and Notifications Web CRD is used for the licensing of firms, branch offices andindividuals Web CRD provides firms registration information on their firm, branchoffice and representative Queues Reports Firm Notifications Access CRD: https://firms.finra.org/webcrd Resources: http://www.finra.org/crd/resourcesUsing FINRA Technology to Support Compliance Webinar Copyright 2012 FINRA15
Web CRD - CRD Reports16
Web CRD - Reports *New* Roster – Individual Summary Download Report This report will display summary information for a firm’s registeredindividuals Only one record per person will be included Available late October/early November17
Web CRD - Ad Hoc Reports Ad Hoc Reports can be requested for data elements not includedin a standard report or a report not listed on the Request Reportsscreen The fee for Ad Hoc reports varies with the complexity and timerequired to create the report Email Ad Hoc report requests to crdreports@finra.org. Describe the information wanted as well as the format (e.g., email or CD)Using FINRA Technology to Support Compliance Webinar Copyright 2012 FINRA18
Web CRD - Notifications19
Report Center
Report Center Provides firms with secure access to data and reports to supporttheir compliance, early detection of reporting problems, andareas for improvement Access Report: https://firms.finra.org/reportcenter Resources: www.finra.org/reportcenterUsing FINRA Technology to Support Compliance Webinar Copyright 2012 FINRA21
Report Center: Available Report Cards and Reports TRACE Quality of Markets Disclosure Corporate Agency Securitized Products Web CRD Late Filing Fee 4530 Disclosure Timeliness Equity Municipal G-32 Underwriting Primary Disclosure Continuing Disclosure Online Learning CE Regulatory Element NYSE FESC Risk Monitoring Trade Reporting (executing & reporting)Best ExecutionNMC Compliance (executing & reporting)OATS ComplianceMarket Order TimelinessReg NMS Trade ThroughSales Practice ComplaintRegistered Representative CompositionCanceled and As-Of TradesCustomer DebitsCustomer Complaint Summary Chart Rule 123 (e) and (f) Quality Performanceand Summary Missing Order Detail, Execution Prior toOrder, and Execution Exceeds Order Missing or Invalid Account Type Missing or Invalid Order DetailsUsing FINRA Technology to Support Compliance Webinar Copyright 2012 FINRA22
Report Center: Main Page23
Report Center: 4530 Disclosure Timeliness ReportCard24
Report Center: CRD Late Filing Fee Report25
Report Center: Municipal Cont. Disclosure Report26
Report Center: Registered Rep Composition Report27
Report Center: Registered Rep Composition ReportUsing FINRA Technology to Support Compliance Webinar Copyright 2012 FINRA28
Report Center: Customer Debits Report29
Report Center: Customer Complaint Report30
Report Center: Risk Monitoring Reports31
Report Center: Usage Log32
Firm Profile
Firm Profile Provides a composite view of information a firm reported throughvarious FINRA systems Viewable by all firm users with an EWS account, but editable onlyby those authorized Access Firm Profile: https://firms.finra.org/firmprofileUsing FINRA Technology to Support Compliance Webinar Copyright 2012 FINRA34
Firm Profile: Main Page35
Firm Profile: Contacts36
Firm Profile: Contact Reports37
Firm Profile: Branch Information38
Firm Profile: Registered Reps39
Interactive Tools
Interactive Tools Disciplinary Actions Online Searchable access to disciplinary actions since 2005 http://disciplinaryactions.finra.org/ OFAC Search Tool Easily searchable version of U.S. Treasury's Office of Foreign AssetControl’s "Specially Designated Nationals and Blocked Persons" (SDN) www.finra.org/ofac FINRA Online Manual All of FINRA Manual, up to date and with advanced searching www.finra.org/onlinemanualUsing FINRA Technology to Support Compliance Webinar Copyright 2012 FINRA41
Disciplinary Actions Online42
OFAC Search Tool43
FINRA Manual44
Website Resources
FINRA Website Resources Tools Checklists and Templates to tailor to firm’s compliance needs, such asWritten Supervisory Procedures Checklist, Business Continuity PlanningTemplate www.finra.org/compliancetools Issue Center Collected FINRA resources for specified major compliance issues http://www.finra.org/Industry/Issues Rule Filing Status Report Office of General Counsel’s table of FINRA filings with SEC www.finra.org/rulefilingstatusUsing FINRA Technology to Support Compliance Webinar Copyright 2012 FINRA46
Tools47
Industry Issues48
Rule Filing Status Report49
Keeping Current
Keeping Current Subscriptions Emails (including Weekly Email), Podcasts, RSS Feeds, Twitterautomatically sent to subscriber Sign up at www.finra.org/subscriptions What’s New List of Recent Announcements for Industry Professionals– Includes emails to firms, news releases, Regulator and Election Notices,podcasts, rulemaking items, disciplinary actions, annual reports,webinars, speeches, testimony http://www.finra.org/announcements/industryUsing FINRA Technology to Support Compliance Webinar Copyright 2012 FINRA51
Subscriptions52
What’s New53
Compliance Resource Provider Program
Compliance Resource Provider Program Composed of compliance vendors FINRA reviews and negotiates withto get discounted price or more features for firms. Current vendors: Message Archiving – Global Relay Insurance Program – Marsh Electronic Fingerprint Submission – Business Information Group (BIG) www.finra.org/complianceresourceproviders FINRA does not endorse these products and firms are not required touse them. Their use does not ensure compliance with FINRA or otherregulations.Using FINRA Technology to Support Compliance Webinar Copyright 2012 FINRA55
Thank youSend feedback to:memberrelations@finra.org
Aug 07, 2012 · Aug 07, 2012 · Firm Gateway The Firm Gateway provides: A single point of access to firm regulatory compliance applications Access to common tasks, useful resources, important events and upcoming rule changes Tools to simplify compliance tasks and focus user attention on required action Access the Firm Gatew
