ICG will assist firms through the FINRA membership process. The regulatory and industry experience offered by the professional staff at ICG can reduce the risk of delayed or abandoned registrations, additional work delays and costly legal issues. Unlike many of our competitors, we provide a totally customized program for our start up broker-dealer clients.
The cornerstone of a firm’s compliance program is an effective set of supervisory and compliance procedures and supervisory control procedures that are reasonably designed to achieve compliance with all applicable securities laws, regulations and rules of the FINRA and MSRB. We take the time to understand the firm’s business plan and prepare policies and procedures that address each firm’s unique compliance issues. We want our clients to have a solid foundation from the beginning. Our training program during the application process also distinguishes us from our competitors.
By the time your firm receives regulatory approval, your principals and staff will have a full understanding on how to implement the required systems and procedures so that you are prepared to “hit the ground running.” You will also be better prepared for your six-month new member FINRA audit. We will prepare and file all required documents including the Form NMA for broker-dealer registration with the SEC, FINRA, MSRB and state and foreign jurisdictions.