Start a Broker/Dealer All you need to know about starting a FINRA registered Broker/Dealer

Branch Audits

Securities firms must strive to maintain the highest compliance principles in order to protect their customers and their business. To review and identify potential compliance risks, many organizations participate in ongoing branch audits within their business units.

HedgeCo provides the following branch audit services:

1. Partnering with the central or home office to develop and implement branch supervisory procedures

2. Developing written compliance procedures

3. Training for registered representatives

4. Ensuring branches are meeting the requirements of Rule 3101(c)

5. Developing a plan to follow up on red flags discovered during branch audits

6. Conducting interviews with branch personnel

7. Thoroughly reviewing all organizational books and records

8. Reviewing and ongoing testing of the firm's compliance and supervisory procedures

9. Reporting any issues discovered and developing an action plan to resolve those issues

Branch audits are important to a firm's overall compliance plan. Our professionals partner with your organization to develop a comprehensive compliance program that addresses any regulatory compliance requirements. Our approach ensures a symbiotic relationship between your firm's operations and compliance units in an effort to produce your desired outcomes.