Resources/ Updates


Phishing Like FINRA

FINRA reports that some broker-dealer members recently received phishing emails pretending to be linked to FINRA.  The subject line read “New Policy Update,” a document was attached, and no it wasn’t from FINRA.

To avoid responding to phishing scams, do pay attention to:

  • email address irregularities, even minor ones
  • strange URLs
  • attachments with general names and misspellings and typos


FINRA stands for the Financial Industry Regulatory Authority. It’s a non-governmental agency, formed in July 2007, that regulates the securities industry (formerly the NASD or National Association of Securities Dealers.

FINRA supervises securities industry participants, such as stock brokers, brokerage firms, and security  exchanges.  In the case of misconduct, FINRA can expel a member and report the violation to the SEC for further action.

Related Resources

FINRA’s Report on Cybersecurity Practices for BDs

Fake Phishing , Real Benefits ~ Jan 2017

Cybersecurity ~ FINRA topic page

About SDDco Group

Formed in 1952, the SDDco Group ( delivers outsourced professional support to the financial services and technology sectors. Our menu of professional services includes accounting, regulatory and tax compliance, AML testing, brokerage hosting and supervision, as well as assuming designated FinOp, CCO, and CFO roles.  To connect with SDDCO:

  • Call Us:  212-751-4422
  • Email Us:
  • Ask Us:  contact form


SDDco specializes
in two industries.

Our know-how and our network supports the financial services & tech industries.

We hold the right training and licensures to keep you in step and mitigate risk.

Our Credentials


SDDco supports
industry leaders.

We oversee back office functions so you can focus on your own clients.

Major banks, private funds, RIAs, BDs, and tech startups choose us.

Our Clients


SDDco is as good
as its great people.

Our CPAs, FinOps and
consultants are licensed,
experienced professionals.

Partner with us for start-ups and for ongoing accounting, compliance and tax work.

Our People


SDDco performs
services onsite.

Outsourced support with
SDDco isn’t out of sight.

We work in your space and for your team on a regular basis. Engage the expertise without the fulltime hire.

Our Praises


SDDco observes
AICPA principles.

Our inaugural firm began
when two CPAs opened
a NYC office back in 1952.

We faithfully maintain the CPA standards: integrity, competency, confidentiality….

Our Group