Broker Dealer Regulation

Sichenzia Ross Friedman Ference LLP is actively involved in representing Broker-Dealers in all aspects of their business including, but not limited to, regulatory compliance and disciplinary matter involving FINRA and the SEC. We are regarded by the financial services industry as leading advocates in the field and our clients benefit greatly from our established relationships with Federal and State securities regulators.

WHO WE REPRESENT

  • Broker-Dealers and Self-Clearing Firms
  • Insurance Companies and their Affiliates
  • Prime Brokers and Hedge Funds
  • Commodity Firms
  • Associated Persons

Sichenzia Ross Friedman Ference LLP provides its clients with a broad range of advice on regulatory and compliance issues that arise in the Broker-Dealer context. We also assist clients and their affiliates with questions on securities laws, net capital, margin, customer disputes, customer protection, research analyst and research coverage, market making, clearance and settlement, and reporting requirements of the SEC, FINRA and State Securities Regulators. In addition, we monitor and participate in regulatory and compliance matters by submitting responses to the SEC and FINRA requests for comments on proposed rule changes. We routinely represent Broker-Dealer clients in arbitration hearings and regulatory enforcement proceedings. We are able to provide Broker-Dealers with a broad array of advice in connection with their investment banking activities, including best-efforts and firm commitment offerings, underwriting, syndicate and other forms of financings.

SERVICES WE PROVIDE:

  • Broker-Dealer Formation
  • Purchase and Sale of Existing Broker-Dealers
  • New Membership Applications
  • Amendments to Membership Agreements of Existing Firms
  • Obtain FINRA approval for Changes in Ownership or Control of Broker-Dealers
  • Provide Advice to Broker-Dealers on Sales Practice Regulations including Suitability and Disclosure Requirements
  • Annual Compliance Meetings
  • Development and Analysis of Compliance Manuals and Supervisory Procedures for FINRA Compliance
  • Consultation and Representation in connection with Regulatory Examinations and on-site Inspections
  • Advise on FINRA Disclosure Obligations for Broker-Dealers and Associated Persons
  • Provide Representation in Enforcement and Disciplinary Actions initiated by the SEC , FINRA and/or State Securities Regulators