Office of Supervisory Jurisdiction (OSJ)
An Office of Supervisory Jurisdiction (OSJ) is an office identified by the broker-dealer as having supervisory responsibilities for agents and branch offices within its region. The OSJ has final approval of new accounts, and retail communication. The OSJ may also make markets or structure offerings Functions of an OSJ Each member must identify to FINRA which of its offices have been designated as OSJs. An OSJ is any office at which one or more of the following functions take place: Order execution or market making Formation or structuring of public offerings or private placements Custody of customer funds or securities Read more about Office of Supervisory Jurisdiction (OSJ)[…]