Broker-Dealer Written Supervisory Procedures- Third-Party Vendor Mgmt

The Broker-Dealer Written Supervisory Procedures Section on Third-Party Vendor Management serves as an important part of a firm’s written supervisory procedures (WSPs) and overall compliance program in accordance with FINRA Rule 3110.  The WSP Section on Third-Party Vendor Management Procedures helps firms outline and implement effective supervisory processes regarding its third-party vendor program.  The WSP Section includes fifteen (15) separate sections to address regulatory focal points often highlighted during the broker-dealer regulatory examination process.  Select sections include sample descriptions of supervisory review processes that can be further customized to align with your specific business model. Members also viewed our WSP Library and downloaded the Due Diligence Checklist for Third-Party Service Providers and Third-Party Vendor Management Log.

Version/Update: V.4/March 31, 2022

Total Page Count/Format: 11/.docx

Source/Author(s): Connexien