Broker-Dealer Registrations & Program Assistance

Coast to Coast Compliance helps your firm build, or otherwise maintain, a strong broker-dealer compliance program.

What broker-dealer registration involves

A new broker-dealer files Form BD with the SEC, applies for FINRA membership, joins a self-regulatory organization and SIPC, and registers in each state where it conducts business. FINRA membership is the longest stage of the process and requires a documented supervisory system, a business plan, and qualified principals in place before approval.

Key service offerings

Coast to Coast Compliance streamlines the registration process and assists with the ongoing broker-dealer compliance requirements that follow:

• Preparing and filing Form BD and Forms U-4 and U-5
• Preparing the business plan and documentation of the supervisory system
• Preparing or reviewing existing written supervisory procedures
• Required annual testing, the annual compliance report, and the annual compliance meeting
• Firm-wide, new-hire, and other customized compliance training
• Developing or reviewing an existing business continuity plan
• Developing an anti-money laundering program
• Conducting independent anti-money laundering testing
• FINRA requests, registrations, interviews, and examinations
• Any other regulatory requests, registrations, interviews, or examinations
• Ad hoc compliance program assistance

Regulation Best Interest

Coast to Coast Compliance also assists with the compliance requirements associated with Regulation Best Interest, including a firm's disclosure obligations, duty of care obligations, conflict of interest obligations, and the additional compliance obligations that follow from them.

Whether you are launching a new broker-dealer or maintaining an established one, contact us to talk through where your program stands.