Imagine the following nightmare scenario. At 5 AM, you get a call letting you know your company has just experienced a cybersecurity incident. Your clients cannot access their accounts. Your employees are also locked out. As you investigate further, you discover that your client data has been breached: names, addresses, account numbers, social security numbers.
As an executive or manager, you could easily cross the line and engage in activities that require FINRA securities licensing. The result: potentially steep penalties and fines. By outsourcing your compliance function, you get the appropriate licensed oversight you need, and reduce your exposure to the risks of costly supervision mistakes.
Most businesses still have some form of remote work arrangements even as coronavirus restrictions ease. InnReg built remote work into its operating model from the very beginning. Here are seven lessons you can use to conduct remote operations as smoothly as possible. Contact us for a FREE review of your current situation.
You have many options when looking for compliance support. Some consultants focus on one specific aspect of compliance. InnReg, however, is a full-service provider, able to build and run your entire compliance function. We stay the course, in good times and tough times. And as a result, you reduce your risks and costs.
