Wall Street’s Five-Day Office Rules Aren’t Our Fault, Watchdog Finra Says
- Regulatory changes give firms more flexibility, official says
- Yet some bosses are warning staff to prepare for daily commute
A slate of Finra rule changes set to take effect in coming weeks.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
As Wall Street bosses warn employees that regulatory changes are about to end their days of working from home, the watchdog in charge has a blunt message: Stop blaming us.
“There is no rule requiring registered persons to work from an office five days a week,” said Kayte Toczylowski, head of member relations and education at the Financial Industry Regulatory Authority.