FINRA requires each person associated with a member firm to be properly licensed unless such person is performing only administrative or clerical functions. We can assist with associated persons' licensing needs, including:
Processing appropriate associated person's registrations, test windows and renewals;
Maintaining state and FINRA registrations;
Onboarding and registering associated persons, including conducting background check, due diligence on associated persons' outside business activity and private securities transactions, filing U4 and U5;
Providing registered personnel with written supervisory procedures or compliance manuals;
Conducting required annual compliance meetings for all registered personnel;
Conducting periodic on-site office inspection and examination for an Office of Supervisory Jurisdiction location to satisfy FINRA requirements;
Conducting continuing education needs analysis, establishing continuing education training plan for firms, and administering the firm-element of the continuing education program as required by FINRA;
Managing registered personnel's compliance files, including annual certification and disclosures of outside business activity and private securities transactions; and
establishing a supervisory principal at the office of supervisory jurisdiction location and provide training.
We also provide outsourced supervisory principal (Series 24) and outsourced CCO services.