| Broker-Dealer Services |
CCLS helps to simplify the process, prevent unnecessary delays and avoid
excessive costs.
Changing your Existing Ownership
FINRA member firms who wish to merge, acquire, sell, or restructure their equity
ownership or control must file an application for Continuance in Membership
Agreement (CMA) with FINRA. CCLS will help to process the CMA filing on your
behalf. Our services include completion of forms, supporting documentation and
submission to the appropriate FINRA District Office. For more information, please
call us at (619) 278-0020.
Changing Your Current Membership Agreement
Certain firms are required to notify and obtain approval by FINRA for changes in
current business activities or product mix, expansion of branch offices, and/or
hiring of additional registered representatives. Notification is done through
amending your current membership agreement and filing for a Membership
Agreement Change (MAC). CCLS will help you determine whether you need to
complete the MAC filing. Please contact CCLS for more information.
Broker-Dealer Consulting Services
CCLS’s Broker-Dealer Consulting Services offer legal and compliance solutions
to firms and securities industry professionals through three steps.
Step 1: Know Our Client – CCLS begins by gathering information about your firm
to ensure we thoroughly understand the broker-dealer’s business needs.
Together, we assess your goals, growth projections, strengths and risk
management concerns in order to ascertain successful solutions for your
business model.
Step 2: Understand Alternatives – CCLS will present alternatives and solutions
available to the broker-dealer as they develop your legal, compliance and
financial accounting programs. CCLS broker-dealer consulting services are led by
Michelle Jacko and supported by a talented team who have spent their careers in
the legal, compliance and/or financial accounting departments of leading firms.
Our consultants understand the complexities of the marketplace and the
challenges broker-dealers face. Through our involvement in speaking
engagements, industry groups, article publishing and networking, CCLS stays
current on the latest regulatory and risk management standards throughout the
industry.
Step 3: Implementation – Identifying the broker-dealer firm's consultation
needs is our top priority. CCLS will help to implement requirements mandated by
the regulators, provide internal control best practice solutions and customize
policies to fit your business model.
In our initial meeting, Clients will help us to develop a project plan that outlines
the priorities and time frame for completion of all projects. Our Broker-Dealer
Consulting Services allow you to pay as you go based on actual time spent on
the engaged project. We believe this assists in helping client firms to better
anticipate costs and
provides on-going services as you need them for your business. Each package is
customized based on your unique needs. CCLS' Broker-Dealer Consulting
Services include:
In addition, CCLS will send you monthly Risk Management Updates to ensure you
are receiving timely information of new regulatory issues and rule promulgation.
Rely on CCLS for your legal and compliance needs. Contact us at (619) 278-0020
or (877) 222-4833 for more information.
excessive costs.
Changing your Existing Ownership
FINRA member firms who wish to merge, acquire, sell, or restructure their equity
ownership or control must file an application for Continuance in Membership
Agreement (CMA) with FINRA. CCLS will help to process the CMA filing on your
behalf. Our services include completion of forms, supporting documentation and
submission to the appropriate FINRA District Office. For more information, please
call us at (619) 278-0020.
Changing Your Current Membership Agreement
Certain firms are required to notify and obtain approval by FINRA for changes in
current business activities or product mix, expansion of branch offices, and/or
hiring of additional registered representatives. Notification is done through
amending your current membership agreement and filing for a Membership
Agreement Change (MAC). CCLS will help you determine whether you need to
complete the MAC filing. Please contact CCLS for more information.
Broker-Dealer Consulting Services
CCLS’s Broker-Dealer Consulting Services offer legal and compliance solutions
to firms and securities industry professionals through three steps.
Step 1: Know Our Client – CCLS begins by gathering information about your firm
to ensure we thoroughly understand the broker-dealer’s business needs.
Together, we assess your goals, growth projections, strengths and risk
management concerns in order to ascertain successful solutions for your
business model.
Step 2: Understand Alternatives – CCLS will present alternatives and solutions
available to the broker-dealer as they develop your legal, compliance and
financial accounting programs. CCLS broker-dealer consulting services are led by
Michelle Jacko and supported by a talented team who have spent their careers in
the legal, compliance and/or financial accounting departments of leading firms.
Our consultants understand the complexities of the marketplace and the
challenges broker-dealers face. Through our involvement in speaking
engagements, industry groups, article publishing and networking, CCLS stays
current on the latest regulatory and risk management standards throughout the
industry.
Step 3: Implementation – Identifying the broker-dealer firm's consultation
needs is our top priority. CCLS will help to implement requirements mandated by
the regulators, provide internal control best practice solutions and customize
policies to fit your business model.
In our initial meeting, Clients will help us to develop a project plan that outlines
the priorities and time frame for completion of all projects. Our Broker-Dealer
Consulting Services allow you to pay as you go based on actual time spent on
the engaged project. We believe this assists in helping client firms to better
anticipate costs and
provides on-going services as you need them for your business. Each package is
customized based on your unique needs. CCLS' Broker-Dealer Consulting
Services include:
- Guidance to legal, compliance and financial accounting issues, concerns
and questions - “Plain English” explanation of new / amended SEC, FINRA and state
regulations - Written Supervisory Procedures
- FINRA Rule 3010, 3012 and 3013 Requirements
- Anti-Money Laundering Program Development and Testing
- Regulation S-P (Privacy Policies)
- Broker-Dealer Books and Records Requirements
- Continuing Education Training
- Licensing and Registration of the Firm and their Representatives
- Broker-Dealer Advertising and Sales Literature Compliance
- Business Continuity Plans
- Risk Assessment of Broker-Dealer Sales Transactions and Practices
- Branch Office Examinations
- Surveillance Efforts
In addition, CCLS will send you monthly Risk Management Updates to ensure you
are receiving timely information of new regulatory issues and rule promulgation.
Rely on CCLS for your legal and compliance needs. Contact us at (619) 278-0020
or (877) 222-4833 for more information.
Forming a New Broker-Dealer
The application process for FINRA membership is detailed and complex. For those
clients who wish to become a broker-dealer, CCLS can help by processing the
new broker-dealer registration application on your behalf.
The application process for FINRA membership is detailed and complex. For those
clients who wish to become a broker-dealer, CCLS can help by processing the
new broker-dealer registration application on your behalf.
| 5920 Friars Road Suite 208 San Diego, CA 92108 Phone: 619-278-0020 Fax: 619-278-0050 |
Our services include:
- Completion of Form BD
- OATS registration
- Completion and submission of
FINRA entitlement forms - Establishment of financial controls
- Drafting and training of new
Written Supervisory Procedures
(WSPs) and compliance internal
controls - Submission to the appropriate
FINRA District Office
