We offer the same level of expert service to broker-dealers as we do to our other clients. Our broker-dealer service offerings include:
Chief Compliance Officer (CCO) Services
We provide an independent, competent, and experienced CCO to broker-dealers. This offering includes quarterly compliance reviews, continuing education on what a firm element is and how it applies to broker-dealers, an annual compliance meeting, and monthly consulting support.
Compliance Support Services
For broker-dealers who have hired a CCO, we offer resources to assist with periodic compliance reviews and written assessments. Our clients hire us on a monthly, quarterly, semi-annual or annual basis to ensure compliance review requirements are met when reporting to senior management.
Compliance Consulting Services
Our experts are available to broker-dealers on an hourly basis to develop compliance procedures, write or review new broker-dealer applications, review customer complaints, conduct internal investigations or independent assessments. We can also perform regulatory reporting or inspection support on an hourly basis.
Independent Anti-Money Laundering ("AML") Reviews
We conduct independent testing of AML Compliance Programs for our broker-dealer clients. Our consultants follow the requirements of the US Patriot Act and the SRO rules, which means if we supply a CCO for your company, we supply another qualified individual to serve as the AML Compliance Officer. Our broker-dealer clients receive a detailed written assessment as a result of our testing along with any material findings.
Firm Element Continuing Education Training Programs
Our experts develop effective training programs based on the specific needs of your firm's business activities and its registered representatives. Our trainings meet SRO continuing education requirements.
Annual Compliance Meetings
When we provide support for annual compliance meetings to our broker-dealer clients, we address all relevant compliance issues. As a result of this effort, all underlying documents and records in support of our findings are given to your firm in order to satisfy regulatory requirements.
