| Starting a new NASD Broker/Dealer |
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Starting and managing a new broker/dealer can be challenging, exciting and rewarding. Registering as a NASD member, however,
is a detail-oriented process that requires specific documentation and a strict adherence to specific timetables and deadlines.
We can process the entire new broker/dealer registration application on your behalf, or provide guidance on an "as needed"
basis.
Our full-service NASD registration program will guide you through the entire registration process. We will provide, compile, and
organize all necessary forms and documents for submission to the appropriate NASD District Office(s). In addition, we will maintain
an open dialog with the NASD and respond immediately to any additional requests.
We understand the NASD broker/dealer registration process and use our in-depth knowledge to simplify the process, prevent unnecessary
delays, and avoid undue costs.
Most importantly, your satisfaction is our top priority. Therefore, we guarantee the quality of our work and customer service. Please read
our Satisfaction Guarantee Policy for further details.
If you would like to discuss our services in detail, please call us toll-free at (800) 641-1818.
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| Changing your existing ownership |
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NASD member firms that wish to merge, acquire, sell, or restructure its equity ownership or control must file an application for
Continuance in Membership Agreement ("CMA") with the NASD. The CMA filing is a detail-oriented process that requires
specific documentation and a strict adherence to specific timetables and deadlines.
We can process the entire CMA on your behalf, or provide guidance on an "as needed" basis.
Our full-service CMA program will guide you through the entire application process. We will provide, compile, and organize all necessary
forms and documents for submission to the appropriate NASD District Office(s). In addition, we will maintain an open dialog with the
NASD and respond immediately to any additional requests.
We understand the NASD Continuance in Membership Agreement process and use our in-depth knowledge to simplify the process,
prevent unnecessary delays, and avoid undue costs.
Most importantly, your satisfaction is our top priority. Therefore, we guarantee the quality of our work and customer service. Please
read our Satisfaction Guarantee Policy for further details.
If you would like to discuss our services in detail, please call us toll-free at (800) 641-1818.
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| Changing your current membership agreement |
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Depending on the terms and conditions of your membership agreement, proper NASD notification and approval may be required before
you can change your current business activities or product mix, expand branch offices, or hire additional registered representatives.
You may request to change or amend your current membership agreement by filing for a Membership Agreement Change
("MAC").
We can process the entire application on your behalf, or provide guidance on an "as needed" basis.
Our full-service MAC program will guide you through the entire application process. We will provide, compile, and organize all necessary
forms and documents for submission to the appropriate NASD District Office(s). In addition, we will maintain an open dialog with the
NASD and respond immediately to any additional requests.
We make the Membership Agreement Change process less intimidating and more efficient, saving you time and money.
Most importantly, your satisfaction is our top priority. Therefore, we guarantee the quality of our work and customer service. Please
read our Satisfaction Guarantee Policy for further details.
If you would like to discuss our services in detail, please call us toll-free at (800) 641-1818.
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| "As Needed" Compliance Services |
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Our "As Needed" Compliance program offer firms and securities industry professionals direct access to our consulting
staff. You can discuss issues, ask specific questions, and get timely, practical information on compliance matters and regulatory
requirements from former industry regulators.
Use our "As Needed" Compliance services only as you need them and therefore you pay only when you use the service.
There are no long-term contracts, membership fees, or minimum "usage" requirements.
We provide accurate and up-to-date compliance support for the following areas:
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Answers to specific compliance issues, concerns and questions; |
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Clarification on new and/or amended federal, state and/or self-regulatory organization ("SRO") rules
and regulations;
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Anti-Money Laundering; |
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Regulation S-P (Privacy Policies); |
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Soft-Dollar Compliance; |
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Books and Records; |
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Continuing Education; |
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Licensing and Registration; |
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Financial/Regulatory Reporting (FOCUS; Net Capital; 3070 Filings); and |
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Advertising and Web site Compliance.
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Our "As Needed" Compliance service will enable you to grow your business while maintaining compliance with
securities rules and regulations. Most importantly, your satisfaction is our top priority. Therefore, we guarantee the quality of
our work and customer service. Please read our Satisfaction Guarantee Policy for further
details.
If you would like to discuss our services in detail, please call us toll-free at (800) 641-1818.
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| Compliance Training |
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As markets evolve and become more complex, it is essential that firms have properly trained principals in place. A properly
trained principal can serve as a "front-line" defense to protect your firm from customer complaints and costly mistakes.
We can visit your firm to train and work with your principals on the duties and responsibilities associated with compliance, provide
a comprehensive training guide detailing the duties and responsibilities associated with compliance, or provide guidance on an
"as needed" basis.
With former industry regulators on staff, we can provide training in the following areas:
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Advertising Compliance; |
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Anti-Money Laundering; |
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Regulation S-P (Privacy Policies); |
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Soft-Dollar Compliance; |
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Books and Records; |
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Continuing Education; |
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Financial/Regulatory Reporting (FOCUS; Net Capital; 3070 Filings); |
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Internal and Branch Office Audit Reviews; |
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Licensing and Registration; |
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MSRB Rule Compliance; |
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Sales Practices Violations; |
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Trading and Market Making Compliance; and |
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Advertising and Web site Compliance.
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Most importantly, your satisfaction is our top priority. Therefore, we guarantee the quality of our work and customer service.
Please read our Satisfaction Guarantee Policy for further details.
If you would like to discuss our services in detail, please call us toll-free at (800) 641-1818.
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| Compliance and Supervisory Procedures |
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Establishing, maintaining, and enforcing compliance and supervisory procedures is a cornerstone of self-regulation within the
securities industry. Regardless of the size or complexity of your firm, you must adopt and implement compliance and supervisory
procedures specifically tailored to your business and it must address the activities of all your registered representatives and
associated persons.
We understand that developing such procedures can be complex, confusing and time consuming.
Because the NASD places a great deal of importance on the development and implementation of a member firm's compliance and
supervisory procedures, we can review your existing procedures or develop a customized version to prepare you for your next
regulatory audit.
Our comprehensive procedures include:
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All products and services offered by your firm; |
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Specific identification and designation of individual(s) responsible for supervision; |
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The supervisory steps and each procedural oversight and review to be taken by the appropriate supervisor;
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The frequency of each review to be taken by the appropriate supervisor; and |
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How each review will be properly documented and evidenced.
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We use our in-depth knowledge of the regulatory process to design procedures that will enable you to identify and respond to
regulatory concerns in a manner that may reduce the risk of disciplinary or regulatory action.
Most importantly, your satisfaction is our top priority. Therefore, we guarantee the quality of our work and customer service.
Please read our Satisfaction Guarantee Policy for further details.
If you would like to discuss our services in detail, please call us toll-free at (800) 641-1818.
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| Continuing Education |
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As a member of NASD, you are required to remain current with all continuing education training requirements.
Our Firm Element Continuing Education Program includes:
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Needs Analysis: Perform a needs analysis to determine your areas of improvement.
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Training Plan: Develop a written training plan to address those specific needs.
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Implementation: Implement training methods in accordance with your training plan.
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Documentation: Document training and implementation methods and record all results.
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Evaluation: Evaluate your results and track progress of training methods.
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Re-Focus: Focus on continuing areas of improvement for a new needs analysis.
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We will provide your firm with a Firm Element Continuing Education Program that is practical, and easy to implement and document.
Most importantly, your satisfaction is our top priority. Therefore, we guarantee the quality of our work and customer service. Please
read our Satisfaction Guarantee Policy for further details.
If you would like to discuss our services in detail, please call us toll-free at (800) 641-1818.
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| Home and Branch Office Audit Reviews |
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Going through a regulatory audit can be stressful, inconvenient, and intimidating. We can conduct an audit review of your home
or branch offices that will prepare you for your next regulatory audit. We also offer audit review templates, which will allow you
to conduct your annual internal audits based on current federal, state and SRO rules and regulations.
With former industry regulators on staff, we will use our experience and expertise to provide you with an understanding of the
regulatory audit process that will help you identify and prevent possible regulatory deficiencies.
Our comprehensive on-site audit reviews and audit templates include the following:
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A comprehensive interview with the appropriate personnel; |
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Examination of your advertising and correspondence; |
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Customer Account Review; |
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Anti-Money Laundering; |
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Regulation S-P (Privacy Policies); |
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Examine General Sales Practices; |
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Product/Services Review; |
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Soft-Dollar Compliance; |
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Review Books and Records; |
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Review Financial/Regulatory Reporting (FOCUS; Net Capital; 3070 filings); |
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Review your existing Compliance and Supervisory Procedures; |
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Review Advertising and Web site Compliance; and |
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Verify proper Licensing and Registrations.
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Once an audit review is complete, we will issue a confidential report to management detailing the audit findings, as well as
recommendations for corrective actions.
Most importantly, your satisfaction is our top priority. Therefore, we guarantee the quality of our work and customer service.
Please read our Satisfaction Guarantee Policy for further details.
If you would like to discuss our services in detail, please call us toll-free at (800) 641-1818.
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| Financial and Regulatory Reporting |
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Financial Registrations can register with your firm as a Financial and Operations Principal (FINOP) on an interim or permanent basis.
Our FINOP services include:
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A qualified industry professional will register with your firm either as a Series 27 (Financial and Operations Principal) or as a Series
28 (Limited Financial and Operations Principal), depending on your firm’s net capital reqiurement;
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Review of accounting data and transactions; |
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Monthly computation of net capital; |
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Prepare and file electronic monthly or quarterly FOCUS II or IIA; |
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Annual preparation and electronic filing of Schedule I; |
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Annual preparation of the NASD Assessment Form; |
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Serve as your liaison during financial based regulatory inquires; and |
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Other financial services are available upon request.
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Most importantly, your satisfaction is our top priority. Therefore, we guarantee the quality of our work and customer service.
Please read our Satisfaction Guarantee Policy for further details.
If you would like to discuss our services in detail, please call us toll-free at (800) 641-1818.
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