Compliance Support Services

RRS provides broker-dealers customized, ongoing compliance support services that include prompt response to your compliance issues through onsite meetings, telephone, and e-mail. Whether you need answers to general questions, registration or filing assistance, help amending policies and procedures or assistance with internal inspections, RRS can customize a solution to provide you with the ultimate flexibility, including:

Periodic Review - This encompasses testing your firm’s written supervisory procedures and supervisory controls procedures to meet your annual review requirements under FINRA Conduct Rules 3010 and 3012.

General Compliance Questions - RRS provides prompt response to questions relating to general compliance issues, regulatory inquiries and implementation of polices or procedures.

Regulatory Updates - Provide notification of regulatory updates and alerts through RRS‘ popular monthly Regulator Compliance Update and monthly compliance conference calls.

Audit Support - Regulatory audit and inquiry support. RRS helps firms manage regulatory examinations to ensure efficient production of documents and reduce the regulatory burden. In fact, in certain situations, a consultant can be available onsite to help you respond to document requests from regulators.

Form BD Review - RRS will review and update your Form BD, Form BR and Form U-4 on an annual basis to ensure that amendments and renewals are properly filed. RRS’ experts can support your firm’s registration compliance with FINRA, NASDAQ, MSRB and the States.

Written Policies & Procedures RRS provides updates to address changes to applicable FINRA, SEC, MSRB, and state rules and regulations. Our consultants also provide advice and assistance with implementation of new procedures and systems automation. RRS‘ staff will help your firm create policies and procedures suited to your business. On an ongoing basis, RRS‘ staff will help to ensure that your policies and procedures are up to date with regulatory and business changes.

Financial Reporting - From Net Capital review to full financial statement preparation and FOCUS filings, RRS can provide the level of service to support your firm’s growing business.

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