Common TPRM Questions for Smaller Broker-Dealers

Third-party risk management (TPRM) might feel like a whole new world 
— especially if your small broker-dealer is just getting started. Between 
unfamiliar terms, regulatory expectations, and limited resources, it can seem 
overwhelming. 

However, FINRA has made it clear that TPRM is a regulatory priority. Although your firm can outsource the product/service, you can’t outsource the responsibility. This infographic covers some frequently asked TPRM questions you may have for your program.

Download the infographic to learn answers to questions like:

• What is a third-party vendor?
• Who is a critical vendor?
• What are common roles and responsibilities in TPRM?
• And more!