Series 24: Office Of Supervisory Jurisdiction (OSJ)

Office of Supervisory Jurisdiction (OSJ)

An Office of Supervisory Jurisdiction is one that demands special supervisory attention, either because FINRA deems that the activities conducted there have particular regulatory significance, or because the member firm itself believes it prudent or necessary based on certain FINRA guidelines.

By NASD Rule 3010(g)(1), the execution of any one of the following critical activities requires that an office be designated an OSJ:

• • Order execution or market making
• • Structuring of public offerings or private placements
• • Maintaining custody of customer