Broker-Dealer/Securities Firm Regulation
Our team covers a broad waterfront of issues facing global and national financial institutions engaged in securities transactions within the United States, including foreign and domestic banks, insurance companies, investment advisers and private fund managers. Our clients range from financial institutions specializing in investment banking to market leading clearing firms and prime brokers.
We have extensive experience counseling foreign and domestic financial institutions on issues related to their status as brokers and dealers and helping financial institutions to register with the SEC and to become members of Self Regulatory Organizations (SRO) such as the Financial Industry Regulatory Authority (FINRA). We also assist broker-dealers in developing and revising written compliance policies and supervisory procedures and conduct reviews of their supervisory systems.
We counsel U.S. and international financial institutions, investment advisers and broker-dealers on issues related to compliance with the SEC’s financial responsibility rules, including the Net Capital and Customer Protection Rules, recordkeeping requirements, and financial reporting rules. We also advise with respect to sales practice regulations including suitability, point-of-sale disclosures, gifts and entertainment practices, and compensation structures for representatives.
News & insights
Publications: 14 SEPTEMBER 2021
Pragmatic fund structures and attractive tax and setup incentives are convincing an increasing number of private capital fund managers to domicile in Hong Kong and Singapore.Read more
Publications: 09 SEPTEMBER 2021
Of particular note this week, the FCA and PRA have published a joint Dear CEO letter sent to firms that carry out trade finance activity to reiterate their regulatory expectations of such firms, and…Read more
Publications: 02 SEPTEMBER 2021
Of particular note in another relatively quiet week, UK Finance announced that the contactless limit would rise from £45 to £100 from 15 October, the FCA published a statement on potential financial…Read more
Publications: 01 SEPTEMBER 2021
Our monthly regulatory newsletter monitors all relevant developments regarding German and European regulatory law in English language.Read more
Utilizes an international platform to assist both US clients with foreign broker-dealer issues and foreign clients with broker-dealer work in the USA. Acts for a variety of financial institutions on the full range of broker-dealer and securities compliance and regulation.
Chambers USA, 2014