Category Archives: Broker Dealer

Broker Dealer, Investment Adviser

Form CRS

Contact us for a quote to prepare your Form CRS

In June 2019, the SEC adopted requirements (SEC Release 34-86032) for registered investment advisers, broker-dealers, and dual-registrants that do business with retail investors to file Form CRS (customer relationship summary). Form CRS is intended to inform retail investors about:

  • The types of client/customer relationships and services the firm offers;
  • Fees, costs, conflicts of interest, and required standard of conduct associated with those relationships and services;
  • Whether the firm and its financial professionals currently have reportable legal or disciplinary history;
  • How to obtain additional information about the firm.

Broker Dealer

Time to Schedule your Rule 3120 Annual Review & 3130 Certification

Aside

FINRA Rule 3120 testing and the certification required by FINRA Rule 3130 are each required to be completed once each calendar year. FINRA members must submit a report no less than annually to the firm’s senior management containing details of its system of supervisory controls and the results of the testing and verification of those controls. 

Furthermore, the Rule 3130 Certification must also be completed annually but not later than the anniversary date of the previous year’s certification.

Contact us today to schedule your Rule 3120 Testing/Rule 3130 Certification. Click here.