Broker Dealer Registration
Getting started as a broker-dealer can be a tedious and time-consuming task and there absolutely no margin for error when it comes to registration compliance. The need to register on the state level, with the Security exchange commission as well as the Financial Industry Regulatory Authority and to meet with all of their compliance standards is a delicate process and it cannot afford to be mishandled. Many broker dealers are dealing with multiple complexities in relation to getting started, and many of them do not have the time and energy to spend on the idiosyncrasies involved in meeting broker dealer compliance standards.
Broker dealer registration services provide a turn-key solution for handling all of the potentially time consuming and laborious tasks involved in broker dealer registration. This means on the state level, with the SEC and the FINRA combined and making sure that no stone is left unturned when it comes to meeting proper compliance standards. As you know, the last time you want to have to deal with non-compliance issues is when you are just getting started.
Examples of Broker Dealer Registration Services
A good broker dealer registration service will provide you with the tools, resources and the education to ensure that you are in complete compliance with all of the state, SEC and FINRA standards and guidelines. Any company offering you these services ought to be able to walk you through the entire registration process of forming either a "Fully Disclosed, Introducing Broker Dealer" or a "Limited Broker-Dealer", the options of course, depending on each broker-dealers specific needs and compliance stipulations.
Your broker dealer registration service company would be drafting all of your relevant registration forms, completing and filing forms U4 for the primary officers or representatives in your organization, performing all application filings with the FINRA as well as the states involved in your company’s compliance, filing applications for FIN# and for lost & Stolen Securities Programs, preparing a model compliance manual, and Un-audited financial statement, coordinating applications with FINRA district and National offices, preparing net capital computation, and much more.
How We Can Help
Considering the value of your time and not to mention the energy involved in putting together your broker dealer registration forms and filing them with the proper authorities, surely it would be wise to outsource this service. However, as an entrepreneur surely you are aware of the many challenges involved in finding competent and professional companies to outsource to. In fact, with all of the possibilities and variables to consider in broker dealer registration the selection process for a worthy outsourcer could end up being almost as tedious as the registration itself.
However, you do not have to burden yourself with riding the steep learning curve in relation to choosing a company to handle your broker-dealer registration services. Instead, we are here to provide you with a free consultation in order to assess your company’s needs and to assist you in selecting the best broker dealer registration services.
Simply fill in your information in the top right hand corner to learn more about the best broker dealer registration services. You will be contacted by a professional for your complimentary consultation
