3 Areas Every Broker-Dealer Should Be Reviewing

  • April 23, 2026
  • Posted by: admin
  • Category: Broker Dealer
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Compliance Isn’t Static

The problem firms have isn’t an absence of WSP’s, supervisory controls or AML procedures, but rather outdated ones. Businesses evolve, regulations evolve, so should compliance. That’s where the risk is.

What You Should Be Reviewing

WSPs
Do they match how your firm actually operates?
Outdated procedures and generic language are immediate red flags.

Supervisory Controls
Are they actually being enforced?
If controls aren’t consistent, they don’t work.

AML Program
Is it aligned with your current risk?
Old assessments and weak monitoring trigger scrutiny fast.

What Regulators Look For

  • Policies that reflect reality
  • Controls that are working
  • Evidence of ongoing updates

Get Ahead of Your Next Exam

If you haven’t reviewed these in the last 12 months or are looking for a second opinion, we can help.

And remember, FINRA requires AML audits be performed by an independent 3rd party.

CXG helps broker-dealers identify risks and strengthen compliance processes.