On April 30, 2018, FINRA issued Regulatory Notice 18-15. This notice reminds member firms of their supervisory obligations regarding persons with a history of misconduct that may pose a risk to investors. FINRA Rule 3110 requires member firms to maintain a system to supervise associated persons’ activities. Individuals with histories of misconduct may require heightened supervision.
Notice 18-15 is part of a series of notices concerning persons with a history of misconduct.