Broker-Dealer Services

Registration Services

• Draft and file the Applicant’s Form BD 
• Draft and file the Applicant’s New Membership Application (Form NMA) with FINRA
• Schedule qualification examinations for all registered representative candidates
• Draft and submit FINRA entitlement forms that provide access to the online FINRA Gateway system
• Draft and submit U-4 filings for each registered representative within the firm
• Draft and submit NRF filings for all associated persons within the firm 
• Assist in preparing the Applicant’s business plan
• Draft supervisory procedures manual
• Develop and implement anti-money laundering (AML) policies and procedures
• Preparation for the pre-membership interview
• Perform continuing education needs analysis and create training plan
• Develop business continuity plan
• Prepare and submit state registration package(s)
• Prepare continuing membership applications (CMA)
• Prepare materiality consultations (MatCons)

Ongoing Regulatory Support Services

• Conduct FINRA and SEC mock examinations
• Prepare Form U-4 and U-5 filings and amendments
• Prepare Form BD and BR filings and amendments 
• State registration
• Conduct AML audits/independent testing and review of AML procedures
• Financial Crimes Enforcement Network (FINCEN) reviews
• Conduct branch office programs and audits
• Conduct annual compliance meeting
• Business continuity plan creation and review
• Customer complaint review and form filing
• Provide annual registration renewal reminders and tracking
• Update written supervisory procedures 
• Review of advertising and marketing materials
• Inform the broker-dealer of changes in SEC and FINRA rules and regulations that may affect the broker-dealer’s business
• Provide regulatory inquiry assistance
• Assist with regulatory mandated consulting 
• Perform 3120/3130 supervisory controls assessments
• Provide surveillance (e.g. personal trading, electronic communications)

Gap Analysis Reviews, Due Diligence Reviews and Training Services

• Ad hoc review and analysis of the effectiveness and efficiency of AML programs
• Ad hoc gap analysis review of business and compliance programs to determine broker-dealer’s supervisory control procedures identified by a risk assessment 
• Broker-dealer due diligence reviews (e.g. pre-change of ownership Continuing Membership Application)