Compliance Program

Tools to Conquer Compliance Program Challenges

Compliance responsibilities grow with every passing year. New regulatory mandates, examination priorities, trends in regulatory enforcements, changes in business, personnel changes, adding new business lines. These are only a few of the many considerations of which compliance professionals must be aware in order to run an effective compliance program amidst the ever-evolving landscape. Read More…

Outsourced Vendors

Best Practices for Outsourced Vendors

Does your firm know who its key outsourced vendors are? Does your firm perform ongoing due diligence that includes an assessment of risks? The answers to both questions may involve a huge undertaking for small firms that have limited resources. Read More…

Compliance Budget

Mid-Year Compliance Budget Planning

Reviewing your current mid-year compliance budget plan and adjusting for the rest of the year is important. With COVID-19 taking up a substantial portion of the first half of the year, your vision and budget for 2020 may have drastically changed.

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Outsourcing and Compliance Responsibilities

In the broker-dealer industry, firms are always looking for ways to increase efficiencies while reducing budget constraints.  One way that this is accomplished is through outsourcing certain functionalities to third-party service providers.  What areas do firms commonly outsource?  It runs the gamut – everything from IT services and website development, office cleaning and maintenance services, accounting/payroll activities, order management services and quote providers, AML/OFAC screening and technologies, to legal services and back-office compliance and Read More…