Start a Broker/Dealer
All you need to know about starting a FINRA registered Broker/Dealer
Certain Registered Persons of FINRA member firms are subject to continuing education training subsequent to their initial qualification and registration, pursuant to Rule 1120. Training requirements consist of a Regulatory Element and a Firm Element, which includes an Annual Compliance Meeting.
The regulatory requirement is administered by FINRA and subject to established time requirements, whereas the Firm Element is a firm obligation that must be specifically designed to align with the unique nature of the firm in order to enhance a registered person’s securities knowledge, skill, and professionalism.
Pursuant to Conduct Rule 3010, all FINRA members are required to conduct an annual compliance meeting with their Registered Representatives and Registered Principals. HedgeCo's consulting professionals will aid in the administration of your annual compliance meeting at your home office or through remote technology. Annual compliance meetings will be tailored to appropriately address your firm’s products and services.
The HedgeCo Legal and Compliance Consulting Group provides an experienced staff and a network of lawyers, accountants, and Registered Principals who can assist your firm's compliance officer or serve in a full capacity on behalf of the firm to design and administer training to satisfy the requirements of FINRA Rule 1120. Our services include:
Firm assessment (clientele and products)
Identification of training needs
Training plan development
Incorporation of the written supervisory procedures
On-line delivery options
Acts as an ongoing resource
Tracking and reminders