FINRA Releases Guidance on Liquidity Risk Management Practices

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WASHINGTON--(BUSINESS WIRE)--The Financial Industry Regulatory Authority (FINRA) announced that it has released Guidance on Liquidity Risk Management Practices, the results of a year-long review of firms’ contingency plans and processes related to managing liquidity needs in a stressed environment. Beginning in March 2014 and continuing into the first quarter of 2015, FINRA conducted a review of 43 firms’ plans and readiness for addressing liquidity during financial stress. This review amplifie

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