Starling mentioned in an article by Jacob Schlesinger
Richard Ketchum, chairman of the Financial Industry Regulatory Authority, or Finra. SHANNON STAPLETON/REUTERS
When a top Wall Street regulator issued its examination priorities for 2016, the checklist included a mix of conventional benchmarks: cybersecurity, anti–money–laundering controls, liquidity and the like. But for the first time, the amorphous notion of supervising “culture” made its list, too.
“Given the significant role culture plays in how a firm conducts its business, this year…we will formalize our assessment of firm culture to better understand how culture affects a firm’s compliance and risk management practices,” Richard Ketchum, chairman of the Financial Industry Regulatory Authority, Wall Street’s self–regulatory organization, wrote in his letter introducing the plan.