Back to Risk Alerts
MEDIUM: New Requirements for Broker Segregated Account Audits
MEDIUM RISKAlert Details
Enhanced Audit Standards
Several major financial regulators have announced enhanced requirements for annual audits of broker segregated client accounts. The new standards require more frequent reporting and independent verification of client money holdings.
What You Should Do
Investors should check whether their broker complies with new audit requirements. Request evidence of the latest client money audit results. Prefer brokers who proactively publish audit results.
Disclaimer
This alert is provided for informational and educational purposes only. FinFirmCheck is not responsible for any losses or damages resulting from the use of this information. Always conduct your own independent due diligence and consult with qualified professionals before making any decisions.