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Form Custody Report Filings
The SEC has approved a rule to establish a new Form Custody that all registered broker-dealers must file at specified times with their designated examination authority. Firms will be required to file the Form Custody when they submit their Focus filings. The first Form Custody filings, which will be for the period ending Dec. 31, 2013, are due Jan. 27, 2014. These filings will be due each quarter on the same day that the FOCUS Reports are due. Click here to learn more.
New legislation may exempt business brokers from broker dealer registration
Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2013 – Amends the Securities Exchange Act of 1934 to allow merger and acquisition brokers (M&A brokers) who perform services in connection with the transfer of ownership of smaller privately held companies to register with the Securities and Exchange Commission (SEC) by filing an electronic notice.
Anti-Money Laundering Services
Our staff are experts in the Anti-Money Laundering Compliance. Our AML services include:
- AML Independent Testing
- Money Laundering Procedures
- AML Training
- SAR Filings
- AML Risk Assessment
- Rule 314(a) FinCEN Reviews
Comprehensive Compliance Packages
Our customized compliance packages are designed to fit your firm’s specific regulatory needs:
- Internal Audits (3110, 3120/3130, Privacy, etc.)
- Written Supervisory Procedures
- FINRA/SEC/State Exam prep
- CRD Filings (Form BD, U4, U5, BR, etc.)
FinOp Registration
Our staff of Series 27/28 licensed professionals have decades of financial and regulatory experience who can provide your firm with:
- FinOp Registration
- FOCUS, SSOI, SIS, & BD Custody Filings
- Net Capital Preparation
- SIPC Assessment Filings