Eagle Eye has been around for several years helping financial firms with their general supervision of the web. One of our clients said, “That one of our previous hurdles was demonstrating to our regulators with documentation that we were conducting the appropriate monitoring. With Eagle Eye's audits reports, that are available directly from the system, we are able to document and show individual findings in an organized manner."
In July of this year a brokerage firm received a $5,000 fine from FINRA (Full case details). It was discovered that the firm’s CEO/CCO never conducted its quarterly review of the registered representative’s outside business activity or evaluated any potential conflicts that may have arisen since the initial disclosure of its outside business activity, both of which were required by the firm’s written supervisory procedures. The firm did not have any knowledge of the outside business activates of their representatives.
See for yourself how this program can work for you.