Prepare for your next FINRA Exam with BXS

September 5, 2024

Thought Leadership

Prepare for your next FINRA Exam with BXS

STAY AHEAD OF THE REGULATORY CURVE BY PREPARING FOR YOUR FIRMS NEXT EXAMINATION WITH BXS.

With over 35 years of Experience our Subject Matter Experts (Former FINRA Regulators) provide Independent third-party regulatory audits and reviews required by FINRA and the SEC

With over 35 years of Experience our Subject Matter Experts (Former FINRA Regulators) provide independent third-party regulatory audits and reviews required by FINRA and the SEC.

For items such as:

1. Market Access Rule—Exchange Rule 15c3-5 –BXS has the Subject Matter Expertise (SME) to provide a third-party complete review of your internal policies and procedures, in addition ensure your OMS is reviewing 15c3-5 on your behalf, required annual reviews by the SEC/FINRA—Examination High Priority 2024-2025

2. Consolidated Audit Trail (CAT) has been added to SEC/ FINRA High Priority list 2024-2025. BXS will review your Written Supervisory Procedures to ensure full compliance. A complete review of your firm’s CAT/CAES Monthly Report Cards. On-site review of your firms FINRA Gateway to ensure you are fully prepared in the event of your next Regulatory Exam.

3. FINRA Rule 3110 (Supervision)

4. 3120 (Supervisory Control Systems)

5. 3130 (CEO Annual Certification)

6. Annual AML Reviews

7. BXS can also assist with State Regulations (Blue Sky Rules): Coverage Includes US,UK, EMIR FCA-MAR (MIFID) Regulations, APAC, and Canada (IIROC), Conducting Annual Meetings to all Registered Staff/ Branch reviews and Full Review of your current Written Supervisory Procedures (WSP’s).

In Addition, Security Concerns are at an all-time high as Insider Threats Continue to Rise with Layoffs, we can provide the latest insights and tips on Fraud Detection to keep you ahead of the regulatory curve.

We offer our services as consultants. By leveraging our extensive knowledge of the development of forensic testing and risk assessment of compliance programs in accordance with SEC, FINRA and CFTC and NFA rules and regulations, your firm will limit the risk of potential costly sanctions and reputational risk. As SME’s, we work with you to evaluate, perform gap analysis educate and advise (recommend remediation if required) on compliance requirements.

We also offer Compliance Officer AND FinOp “For Hire” services and can assist with providing oversight services on behalf of your firm. This has been specifically successful for smaller shops keeping headcount down and firms undergoing transition in this role. This includes helping with search and onboarding of an incoming officer