Supervision Program Support

Staff from FINRA and the SEC have recently reinforced the necessity of firms to stay current on their Supervisory responsibilities, including reviews of both Registered Rep/Financial Advisor and Client activities.

 

Let Bates help you get up to speed and stay current.

Our experienced former Administrative Managers, Branch Office Managers, Central Business Review Professionals, and AML Analysts and Investigators will work with you to review and sign off on the following reviews and alerts:

• Supervision of remote offices and advisers 
• Reverse churning/underutilization in IA accounts
• Off-channel communication supervision 
• Structured product concentration 
• New SEC Marketing Rule; advertising and marketing reviews
• FA book reviews
• Product suitability (e.g., annuity replacements)
• Email reviews
• Mutual fund reviews (share class, early liquidation, etc.)
• VA reviews (early liquidation, share class, etc.)
• FA/client discussion notes (RegBI, IA services provided, etc)
• Fee reviews
• Switching of all types (within and among products)
• Social Media reviews (including websites)
• Surveillance and trade report reviews
• Remediation look-back reviews
• Outside interests
• Outside investments
• Clearing of all manner of AML matters:
  • Trade surveillance alerts and inquiries
  • Name screening alerts (e.g., politically exposed persons, OFAC listed persons, etc.)
  • AML transaction monitoring alerts and investigation support
  • Negative news reviews
  • Insider trading reviews