Request for Comments

FINRA encourages comments on this paper, including areas where guidance or modifications to FINRA rules may be desired to support adoption of AI applications while maintaining investor protection and market integrity. Comments are requested by August 31, 2020. Member firms and other interested parties can submit their comments using the following methods:

GAO warns FDIC of regulatory capture shortcomings

A recent report by the Government Accountability Office (GAO) found weaknesses in the examination process of the Federal Deposit Insurance Corp. (FDIC) which could expose the regulator to the risk of regulatory capture. GAO offered four recommendations to the FDIC in its report, saying management could better address threats to capture by improving adherence to … Read more