Regulatory Analysis

Instructions

When analyzing a document or process for regulatory compliance:

1. Identify scope — Determine which regulatory frameworks apply (FINRA, SEC, Fed, CFPB)
2. Map to rules — Identify specific rules, notices, and guidance documents relevant to the subject
3. Assess compliance — Evaluate the subject against each applicable requirement
4. Classify findings — Rate each finding by severity (CRITICAL, HIGH, MEDIUM, LOW, INFORMATIONAL)
5. Recommend remediation — Provide specific, actionable steps to address each finding
6. Assess confidence — Rate your confidence in each finding (HIGH, MEDIUM, LOW)
7. Validate citations — Verify all cited rules exist and are current before finalizing

Regulatory Priority Order

When multiple frameworks apply, prioritize in this order:

1. SEC rules and regulations (federal statute)
2. FINRA rules (SRO requirements)
3. Federal Reserve supervisory guidance
4. CFPB guidance and circulars