FINRA observes shortcomings in 5 key areas

January 6, 2015, FINRA notes that it observes shortcomings in five key areas of broker-dealer activity.

1. alignment of firms’ interests with those of their customers;
2. standards of ethical behavior;
3. development of strong supervisory and risk management systems;
4. development, marketing and sale of novel products and services; and
5. management of conflicts of interest.