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FINRAJanuary 27, 2026

FINRA Proposes Changes to Hybrid RIA Oversight

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FINRA's proposed Rule 3290 addresses how registered investment adviser activities are classified and supervised within hybrid broker-dealer models. Dual registrants should assess potential operational and supervisory implications.

ICS advises financial institutions navigating regulatory changes of this type. If your firm needs to assess the impact of this development on your compliance program, contact us to discuss.

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ICS Insights provides periodic regulatory commentary for financial institutions. Our analysis focuses on developments that materially affect compliance obligations across the institutions we serve.

Related practice areaRegulatory Compliance & Exam Readiness →Annual reviews, supervisory procedures, and examination preparation.

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