Broker-Dealer Chaperoning Services
Expand your fund distribution into the U.S. with confidence.
ACA Foreside provides broker-dealer chaperoning services under SEC Rule 15a-6, helping non-U.S. asset managers and broker-dealers market private funds to U.S. Institutional Investors (USIIs) and Major U.S. Institutional Investors (MUSIIs)—without the need to register as a U.S. broker-dealer with FINRA.
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What Do You Need Help With?
Through our role as your registered broker-dealer intermediary, ACA Foreside helps non-U.S. firms comply with SEC Rule 15a-6 by providing:
Provide a licensed registered representative to accompany your team during meetings with USIIs and MUSIIs.
Assist your marketing personnel in navigating SEC regulations while promoting private funds to U.S. investors.
Oversee the assessment of fund recommendations for U.S. investors to ensure appropriateness and compliance.
Conduct independent reviews of the funds to be marketed, verifying accuracy and regulatory alignment.
Ensure all communications and fund marketing materials meet SEC and FINRA standards.
Maintain all books and records in accordance with SEC Rule 15a-6 for audit-readiness.
Why ACA?
When it comes to U.S. regulatory compliance for global fund distribution, ACA Foreside is a trusted partner for hundreds of firms worldwide.
Regulatory expertise
Decades of experience guiding non-U.S. asset managers and broker-dealers through SEC Rule 15a-6 requirements.
Speed to market
Our established chaperoning infrastructure allows faster access to the U.S. market without forming your own U.S. broker-dealer.
End-to-end support
From fund due diligence to marketing oversight, we streamline your entry into the U.S. investment landscape.
Industry Impact
ACA Foreside is recognized for reliability, compliance excellence, and global reach.
Risk mitigation
Our services reduce regulatory exposure while enabling effective U.S. fund promotion.
Total transparency
All compliance activities, documentation, and communications are tracked and accessible—ready for review or regulatory audits.
Ready to enter the U.S. market compliantly?
Let’s explore how ACA’s Broker-Dealer Chaperoning Services can help expand your fund distribution into the U.S. with confidence.
FAQs
Broker-Dealer Chaperoning Services
What is broker-dealer chaperoning under SEC Rule 15a-6?
Broker-dealer chaperoning refers to the process where a U.S.-registered broker-dealer, like ACA Foreside, acts as an intermediary for non-U.S. firms that wish to market private funds to U.S. Institutional Investors. Under SEC Rule 15a-6, this allows non-U.S. firms to engage with certain U.S. investors without registering with FINRA or the SEC as a U.S. broker-dealer.
Who needs broker-dealer chaperoning services?
Non-U.S. asset managers and broker-dealers that want to market private funds to U.S. Institutional Investors (USIIs) and Major U.S. Institutional Investors (MUSIIs) typically require chaperoning services to comply with U.S. securities regulations, specifically SEC Rule 15a-6.
What does ACA Foreside provide as part of its broker-dealer chaperoning service?
We provide a range of compliance and support services, including:
- Licensed registered representatives to chaperone meetings and communications
- Review and approval of marketing materials
- Oversight of suitability assessments
- Fund due diligence
- Recordkeeping and documentation compliant with SEC Rule 15a-6
Can ACA Foreside help me avoid registering as a U.S. broker-dealer?
Yes. By partnering with us, non-U.S. firms can utilize our chaperoning services to enter the U.S. market without the burden of registering as a broker-dealer, as permitted under SEC Rule 15a-6.
Is chaperoning required for all types of U.S. investors?
No. Chaperoning is only required when marketing to U.S. Institutional Investors (USIIs) and Major U.S. Institutional Investors (MUSIIs) as defined by the SEC. Retail investors are not covered under Rule 15a-6 and would require separate compliance considerations
How quickly can ACA Foreside get my firm ready to market in the U.S.?
We have a well-established chaperoning framework that enables most firms to enter the U.S. market efficiently. Onboarding timelines may vary depending on due diligence and document readiness, but we work closely with your team to minimize delays. Contact us today to learn more.
