FINRA has released its latest annual regulatory oversight report (Report), with insights from its regulatory operations. This year’s Report includes a new section for trends in generative artificial intelligence. It also covers the perennial topic areas of financial crime prevention; firm operations; digital assets; communications and sales; market integrity; and financial management. As in prior reports, each topic area identifies relevant laws and regulations; weaknesses FINRA has observed in members’ compliance programs; findings from FINRA’s examination, enforcement and other regulatory activities; and effective practices FINRA has observed that may help firms enhance their compliance programs. As always, the Report “does not create any new legal or regulatory requirements or new interpretations of existing requirements, or relieve firms of any existing obligations under federal securities laws and regulations.” This article discusses the key takeaways from the Report. See “A Look at FINRA’s 2025 Oversight Report” (Mar. 13, 2025); and coverage of its 2023, 2022 and 2021 reports.