As consultants, we can’t emphasize enough the importance of having a proactive cyber security program that is specifically tailored to protect disruption of critical systems as well as protection of sensitive data for both the firm and its customers.
Financial Reporting for Broker Dealers. When you decide to enter [...]
On September 20th, FINRA released the podcast FINRA Enforcement: Bringing [...]
On September 22, 2022, the Securities and Exchange Commission announced [...]
This is a summary of a recent FINRA podcast on Membership Application Program.
Every broker dealer has at least one thing in common [...]
Individuals and companies desire to start a broker-dealer for many [...]
When a person is preparing to enter the financial services [...]
Back in the early 2000’s, FINRA (then known as the NASD) came out with Notice to Members 06-23 (“Notice”). This Notice goes into detail about the responsibilities of the FINOP. Whether your FINOP is employed full-time in-house or is outsourced, the Notice applies. There are further considerations for the FINOP if the role is outsourced.
Running a broker dealer is an expensive task these days [...]
