Published on Jun 3rd, 2021 |


9 Key Takeaways from FINRA’s 2021 Annual Conference


On May 20th, 2021 the SEC released remarks at the 2021 FINRA Annual Conference. This Conference provided an in-depth look at FINRA with numerous regulatory and compliance discussion panels.

Chairman Gary Gensler, provided valuable information during this virtual event and Vigilant has provided key takeaways from his remarks.

9 Key Takeaways from their Chairman Gary Gensler’s Remarks:

  • FINRA plays a strong role in protecting investors.
  • FINRA is looking forward to an active policy agenda at the SEC.
  • The SEC has a three-part mission which is to facilitate capital formation, protect investors, and have fair, orderly, and efficient markets.
  • Advisers need to strive to follow the spirit of the law, not just whether something is technically crossing a line.
  • Individual accountability is essential to enforcement including individual bars and other relief.
  • Goal of the SEC is accountability and a focus on misconduct across the $100 trillion capital market.
  • As technology continues to evolve, the SEC and FINRA will continue to pursue regulatory enforcement for wrongdoing involving crypto, cyber, and fintech.
  • There will also be an increased focus on how agencies use technology and data analytics to watch the markets and enforce the law.
  • Concluding with a statement that enforcement is one of the key reasons for America’s economic success during the last 90 years.

Want to learn more and view the full SEC Release? Click HERE!