GRC Solutions for Broker-Dealers

We have the regulatory expertise to assist with the initial broker-dealer FINRA and/or state application filings, CRD filings and preparation of compliance and supervisory procedures. In addition, our broker-dealer compliance consultant team can assist existing broker-dealers with a Change in Membership (CMA) application with FINRA.

Our broker-dealer compliance consulting firm reviews and tests broker-dealer compliance programs in accordance with FINRA Rules 3110 and 3120 requirements.

Our broker-dealer implementation assistance services include discussions with the broker-dealer’s principals on the day-to-day compliance and management of the broker-dealer, including:

• General regulatory compliance and recordkeeping requirements
• Financial reporting
• Annual requirements
• Internal review function
• Communication with the public policies

Our broker-dealer service team performs independent AML testing as a qualified outside party to assess the effectiveness of a broker-dealer’s AML program. During our review, we work closely with clients to tailor our in-depth testing to each firm’s business model. Our customized approach identifies potential gaps in your firm’s AML program and provides practical solutions to address them.

We can assist with a review of branch audit programs and perform branch office inspections. Our broker-dealer compliance consultant branch office inspections can be a general review to assess compliance with FINRA Rule 3110(c), or they can be refined to include specific focus areas.

Our team conducts comprehensive reviews of broker-dealer equity trading desks intended to emulate the TFCE performed by FINRA’s Market Regulation Department. Our broker-dealer services also offer more limited reviews for OATS, TRACE and RTRS compliance.

Our compliance consultants can help broker-dealers understand the compliance and operational issues presented by Reg BI as they relate to their retail business. Our consultants can assist in designing customized procedures that will detail the steps needed to address Reg BI’s requirements as they relate to your firm.

• Regulatory mandated consulting
• Advertising and sales literature review
• Written supervisory procedures and analysis
• Assistance with mergers and acquisitions due diligence
• Cybersecurity, Privacy, & Risk
• Internal audit support
• Investigation services
• ESG Advisory
• Performance Services

Build a scalable and resilient compliance program with our ComplianceAlpha^® regulatory technology  platform backed by managed services support.

We offer broker-dealer chaperoning services to non-U.S. asset managers and broker-dealers that seek to market private funds in the United States without registering as a U.S. broker-dealer.

We can maintain a private-label broker-dealer on behalf of your firm, allowing you to focus on your core business. Our private label broker-dealer offering provides an opportunity for firms to have ACA Foreside own and manage a broker-dealer branded by you and dedicated solely to you as the client.

ACA Foreside can assist with all aspects of your FINRA licensing needs for both registered and private funds.

We provide experienced Financial and Operations Principals (FINOPs) and professional accounting services to keep you in compliance. Our licensed Series 27 and Series 28 broker-dealer compliance consultants have years of financial experience working with FINRA and the SEC and can help support your firm.

We work with asset management firms throughout the world to facilitate compliance and product distribution through legal underwriting, registered rep licensing and chaperoning, and DTCC/NSCC fund sponsorship for all types of pooled investment vehicles.