Broker-Dealer
We have assembled a team of regulatory, compliance, and operations experts that work together to bring several decades of combined experience and points of view for our clients that may be applied to providing support for all types of regulatory matters as well as routine and difficult compliance related questions.
BROKE-DEALER REGISTRATION AND LICENSING
Master Compliance offers assistance to broker-dealers through the drafting and filing of exam waiver requests, Form BD updates, Form BR updates, Form U4/U5 filings as well as state notice filings and general CRD administration.
Broker-dealer start-ups require an intense amount of effort and personnel. Our goal is to provide best in class services based on each client’s needs and help you reach your final goal in accordance with your budget. As our experts have set up numerous broker-dealers, our team can expedite the start-up process for you.
CHANGES IN MEMBERSHIP FOR A BROKER-DEALER
Material changes to a broker-dealer’s business activities, including adding additional reps or branches beyond the safe harbor provisions, or changes in your ownership structure may require the firm to file an application (CMA) with FINRA pursuant to Rule 1017. We offer experienced personnel to assist in preparing these filings and acting as the liaison with FINRA staff during the approval process.
ACTIVE MANAGEMENT
Master Compliance offers ongoing compliance management to broker/dealers through written notifications and conference calls related to upcoming changes in regulation (new and amended rules, regulations, and laws) and regulatory hot topics as well as reminders of upcoming periodic regulatory requirements (annual audit, Rule 3120/3130, annual MSRB and FINRA renewal fees, etc.).