February 3, 2015, the Financial Industry Regulatory Authority (FINRA) issued a new report on cyber security, which details practices that firms can tailor to their business model as they strengthen their cyber security efforts.  The top 3 threats identified in the 2011 and 2014 surveys are:

hackers penetrating firm systems;
insiders compromising …

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

alignment of firms’ interests with those of their customers;
standards of ethical behavior;
development of strong supervisory and risk management systems;
development, marketing and sale of novel products and services; and
management of conflicts of …

October, 2014 – The Department of Business Oversight released the 2013 Report of California Finance Lender License activity shows that licensee made $7.9B on $59.5B of commercial loans, and $3.57B on $18.5B of consumer loans with the average commercial loan being $106,650, and the average consumer loan $43,521.  Real estate secured 87.3% …