IQ-EQ provides the following ongoing compliance support and services for its broker-dealer clients:
- Initial setup of compliance program. This includes an in-depth review and gap analysis of your company’s written supervisory procedures, including anti-money laundering procedures. Upon completion of this review, we will deliver and assist in implementing a complete compliance program customised to your business
- Ongoing assistance in implementing processes as outlined in your businesses’ written supervisory procedures, and completing tasks according to your compliance program
- Ongoing review of published regulatory updates to determine the impact to your business. Applicable updates will be made to your compliance program as necessary
- Training:
- Firm Element Continuing Education (Rule 1120b): annual needs analysis and program setup
- Annual compliance meeting facilitation
- FINRA exam preparation, as occurs
- Annual independent audit and testing of AML procedures (Rule 3310)
- Annual internal OSJ compliance audit/inspection (Rule 3110(c))
- Annual testing and verification of supervisory controls and CEO certification (Rules 3120 and 3130)
- Form filings, as occurs (Form BD, Form U4, Form U5)
- FINRA CRD and company gateway monitoring, support and facilitation
