WHAT WE PROVIDE

iComply offers expert compliance consulting services. We deliver results that matter through ongoing support, assistance during regulatory examinations, testing, and financial and accounting services. iComply performs independent tests of firms’ anti-money laundering compliance programs and internal supervisory controls. Our services support compliance with SEC, FINRA, MSRB, NFA, SRO and state securities laws.

Anti-Money Laundering Testing

Annually or bi-annually, broker-dealers must undergo independent testing of their anti-money laundering compliance programs, according to FINRA Rule 3310. iComply works with clients to conduct anti-money laundering tests to identify and correct deficiencies.

Supervisory Controls Testing

iComply assists firms in conducting reviews of their supervisory controls reports as well as in certifying the annual review process and drafting the CEO certification, as required by FINRA Rule 3120 and FINRA Rule 3130. In preparing the reports, we review the firm’s business activities, persons with supervisory responsibilities and supervisory procedures.

Targeted Risk-Based Examination

To help your firm prepare for your next FINRA or SEC examination, we conduct a similar review and provide recommendations on how to improve your compliance program in order to prevent future non-compliance issues.

Annual Review

iComply can prepare SEA Rule 206(4)-7 annual reports customized for your firm’s specific risks including any RIA compliance matters, changes in business activities or need to revise policies and procedures.

Policies and Procedures Updates

We can assist your firm in developing, updating and implementing several policies and procedures manuals including the Business Continuity Plan, Continuing Education Program, Anti-Money Laundering Procedures and Written Supervisory Procedures.

Annual Compliance Meeting

iComply’s experience includes developing annual compliance meeting agendas and training materials as well as documentation of the meeting.

Firm Element Continuing Education

Continuing education training programs should be developed based on regulatory topics specific to your firm. iComply conducts a needs analysis of your firm and recommends appropriate topics based on the analysis.

Registrations, Licensing and Electronic Filings

iComply can serve as your FINRA Web CRD Administrator or support your firm’s designated Web CRD Administrator with various registrations, licensing and filings required by FINRA, MSRB and others.

Disclosures and Attestations

We can provide disclosure and attestation forms to notify your firm if any employees are participating in, or are subject to customer complaints, arbitrations or litigations; U4 disclosures; outside business activities; outside brokerage accounts; or private securities transactions.

Branch Inspection

iComply can conduct branch office inspections to assess the supervision and controls and provide recommendations to enhance your compliance program.

Training

Staff training can be provided to address a variety of regulatory needs and concerns including anti-money laundering, detecting and reporting customer grievances, communication reviews, new product implementation and supervision of firm personnel.

Business Continuity Preparation

iComply can assist your firm in drafting a Business Continuity Plan. Additionally, we can provide the notification required to be provided to your customers and recommend the best method of dissemination.

Cybersecurity Controls

We will help your firm develop risk assessments to identify cybersecurity risks for your firm’s activities.

Continuing Membership Application

Our services include the accurate completion of the FINRA Continuing Membership Application, liaison with FINRA’s program department to facilitate the application and reviewing the agreement to ensure it contains requested modifications.

Liaison with Industry Regulators

Our experience with on-site regulatory examinations as a FINRA examiner is a real advantage in helping you prepare for and manage your exam process as well as respond effectively to inquiries.