BROKER-DEALER &
INVESTMENT
ADVISER REGULATION
Deploying Strategy, Guiding Success
ILF’s Broker-Dealer and Investment Adviser Regulation practice is finely tuned to the complex regulatory environment, ensuring that our clients navigate the requirements with expertise and confidence. Our dedicated team provides strategic, customized solutions across the spectrum of compliance, registration, examination, and trading practices, enabling our clients to focus on their business objectives within a compliant framework.
Registration and Compliance Services
- Guiding broker-dealers and investment advisers through the registration process, including preparation of Form BD for broker-dealers and Form ADV for advisers, ensuring adherence to both federal and state securities laws.
- Offering comprehensive services from the initial registration to continuous compliance management, including updates to policies and procedures to reflect current regulatory standards.
Audit and Examination Preparation
- Preparing clients for and assisting during audits and regulatory examinations by the SEC, FINRA, and state regulators, including pre-audit assessments and post-audit follow-ups.
- Providing on-site support during examinations and strategic advice on addressing and rectifying findings to strengthen compliance programs.
Trading Practices and Agreements
- Advising on best execution policies, soft dollar arrangements, cross-trades, and other trading operations to ensure they align with regulatory expectations.
- Crafting and negotiating trading agreements, such as prime brokerage agreements, to support clients' trading strategies and business needs.
Regulatory Change Management
- Anticipating and responding to regulatory changes with proactive advice and strategies, enabling clients to adapt their operations and maintain compliance.
- Offering insights on leveraging regulatory developments for business growth and competitive advantage.
Risk Management and Compliance Program Development
- Developing risk management plans and compliance programs tailored to the unique aspects of the client's business model and regulatory environment.
- Assisting in the creation of written supervisory procedures, compliance manuals, and employee training programs to embed a culture of compliance.
Continuous Support and Strategic Advisory
- Providing continuous monitoring and updating of compliance programs to ensure they remain effective and reflective of the latest regulatory requirements.
- Advising on the regulatory implications of new product offerings, business expansions, and navigating enforcement matters and regulatory inquiries.