The Financial Markets Association is conducting a national survey of bank securities dealers about compliance and risk management.
About 2,000 compliance officers will be asked about staffing levels, compensation plans, reporting lines, and responsibilities. Results are expected to be released in April.
The FMA is conducting the survey now because of increased regulatory scrutiny of bank securities activities, said Malcolm P. Northam, senior vice president of the Secura Group and executive director of the FMA. That scrutiny, he said, more will be expected from compliance officers.
"Compliance professionals are being asked to assume more responsibility," Mr. Northam said. "This survey is important because it will help identify nationwide compliance salary ranges and staffing levels."
For more information, or to participate in the survey, call Dorcas Pearce at 202-728-4479.