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 and insights
Blog Post: 05 July 2022
In Fininvest and Berlusconi (Case T-913/16), the General Court upheld the ECB’s decision to refuse to authorise Silvio Berlusconi's acquisition of a qualifying stake in Banca Mediolanum, due to his…
Blog Post: 04 July 2022
For the first time in Australia, a court has held in an action brought by Australia’s financial services regulator, ASIC, that the failure by a company to have adequate risk management systems in…
Publications: 01 July 2022
Our monthly regulatory newsletter monitors all relevant developments regarding German and European regulatory law in English language.
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