Skip to Primary Navigation

FINRA monitoring evolving third-party vendor landscape

Montage of woman messaging on her mobile phone next to the FIRNA sign.
GRIP Montage: Getty Images

Information on third-party vendors is used by FINRA in proactive outreach to member firms including alerts and guidance.

FINRA, like other regulators globally, has recognized the “increasingly important role” that third-party vendors play in the financial industry, according to a blog post by Greg Ruppert, Executive Vice President, Member Supervision at the self-regulatory organization.

According to Ruppert, member firms are “gradually expanding their use of third-party vendors to