Broker/Dealer Services

Being SEC & FINRA regulatory specialists, we work with local and international brokers/dealers, to help them meet their regulatory obligations and reduce their compliance risk profile.

We understand the importance of the compliance function to the Member Firm and devise unique ways to meet and exceed the expectations of the firm’s functional regulator, while at the same time recognizing the limitations of a firm’s capabilities in compliance program designs and recommendations.

Our services include;

• Initial FINRA Registration
• Annual reviews
• OSJ Branch Inspections
• Anti-Money Laundering Reviews
• Specialized Compliance Reviews
• Supervisory Control Certification and Assessment
• Mock examinations
• Policy and procedures development
• Regulatory mandated consulting
• Financial reporting services
• On site SEC/FINRA examinations support
• CCO training
• Employee trading review
• CRD services

Regulatory Compliance Reviews

Overall Compliance Gap Analysis: This involves an in depth review of your firm’s business operations, supervisory procedures and compliance program. This service may be used to meet FINRAs annual internal inspection requirement outlined in Rule 3010.

OSJ/Branch Inspections:  IMS provides a complete solution for conducting annual inspections as well as monitoring of on-going compliance.  This service is in accordance with Rules 3010 and 3012.

Anti-Money Laundering Review: We can carry out independent compliance testing of a firm’s AML procedures and controls.  This will include an assessment of the firm’s effectiveness in detecting suspicious activity, monitoring OFAC compliance and performing appropriate customer due diligence in accordance with Rule 3310 and USA Patriot Act.

Specialized Compliance Review:  We can perform specialized focused compliance reviews based upon specific department or Rule compliance. Examples include marketing compliance, best execution procedures, or record retention processes.

Supervisory Control Certification Assessment:  IMS can assist in the assessment of existing supervisory control procedures for the development thereof, testing and verification of identified supervisory controls.  We will also prepare the required Rule 3012 and 3130 reports and certification.

If you would like to speak to someone about our investment advisor services please contact Micah Taylor on (001) 212-588-8906