Compliance officers at bank brokerages say they are being extra vigilant amid the current stock market gyrations.

"Whenever you have a downturn, it heightens people's awareness," said Kim LaBarbiera, an associate director of compliance at Republic Financial Services Corp., New York.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.