• An Enforcement Focus on Foreign Finders
  • July 2, 2013
  • Law Firm: Lewis Baach PLLC - Washington Office
  • Examiners examine. That’s what they do. Proper exam preparation - asking the right questions ahead of time - makes life easier for everyone. Post-examination MRAs (matter requiring attention), or worse MRIAs (matter requiring immediate attention) are sure weekend-spoilers: working frantically at a compliance department flung pell-mell into an expensive, disruptive flurry of reactive compliance remediation is no way to spend a Saturday. The smart money, and more and more of it according to recent reports by a major global forensic accounting firm, is on proactive compliance assessments. For firms subject to U.S. Securities and Exchange Commission (“SEC”) and FINRA regulation, foreign finders should be an area of focus.