22 min listen
The MAP Group: Gatekeeper to the Broker-Dealer Industry
FromFINRA Unscripted
ratings:
Length:
23 minutes
Released:
Mar 17, 2020
Format:
Podcast episode
Description
Want to be a broker-dealer firm and conduct securities transactions in the U.S.? First, the firm and individuals need to register with FINRA, and that means working with FINRA’s Membership Application Program (MAP) Group. The MAP Group is the gatekeeper to the broker-dealer industry. It works both to protect investors by ensuring would-be firms meet FINRA’s standards of admission and to help new and existing firms grow and evolve, ensuring a vibrant market for all. On this episode, we talk to Lisa Robinson, senior director of FINRA’s MAP Group within the Member Supervision team, to learn more. Resources mentioned in this episode:Register a Broker DealerFINRA’s Standards of AdmissionMateriality ConsultationRegulatory Notice 18-23Episode 16: How FINRA Rules Get Made (And Reviewed)
Released:
Mar 17, 2020
Format:
Podcast episode
Titles in the series (100)
How the Cloud and Machine Learning Have Transformed Market Surveillance: In episode 12 we sat down with Steve Randich and learned how the cloud provides FINRA with the storage space and computing power to process up to 101 billion market events in a single day. Today, we sit down with FINRA’s head of Market Regulation and Transparency Services, Tom Gira, to hear how the cloud and machine learning enable his team to more efficiently and effectively sift through this massive amount of data to detect misconduct. by FINRA Unscripted