Outsourced and Interim CCO

Outsourcing your compliance responsibilities is a turn-key solution that can help you avoid FINRA, SEC, NFA, CFTC, and other regulatory violations.

Every Broker-Dealer and/or Investment Advisor needs an experienced and diligent Chief Compliance Officer (CCO) to help them navigate the ever-changing regulatory landscape and keep their business running smoothly and within the boundaries of the law. This may include meeting all SEC, FINRA, NFA, and CFTC requirements. Whether on an interim or permanent basis, V1 Capital Advisors (V1) has the expertise and industry knowledge to satisfy your firm’s CCO requirements.

The benefit of outsourcing 

A huge benefit of outsourcing is that hiring an in-house Chief Compliance Officer is expensive, especially for small or medium-sized firms. The best solution to this problem is to leverage the compliance expertise and experience of V1 for cost-effective CCO Services. Our capable compliance personnel can help you to establish a new firm and walk you through the New Membership Application (NMA). Also, we can file Material Consultation or Continuing Membership Application (CMA) if circumstances require. We also have the expertise to perform CCO services for established firms as well.

  • Provide all CCO services consistent with the requirements of FINRA and the SEC​

  • Conduct reviews, both on-site and remote, including:

    • Trade reviews

    • Suitability and new account reviews

    • Risk assessments and testing

    • Incoming and outgoing correspondence reviews

    • Marketing reviews

    • Remote reviews of compliance programs

  • Provide an Annual Compliance Report under FINRA Rule 3120

  • Provide an Annual Certification Report under Rule 3130

  • Ongoing reporting of any violations and recommendations of remedial actions

  • Provide compliance support with respect to the SEC and/or FINRA examinations and regulatory matters

  • Respond to any inspection by or information request from FINRA, NFA, CFTC, and the SEC

  • Create and maintain a detailed compliance program

  • Perform testing of compliance policies and procedures

  • Complete Regulatory Filings

  • Serve as the firm’s Super Account Administrator (SAA)

  • Maintain firm’s and individuals’ registration for Broker-Dealers, IA and NFA (WebCRD, IARD, ORS)

  • Communicate Regulatory Updates and Alerts

  • Conduct employee training

  • Perform ongoing consulting

  • Serve as the designated BSA Officer to ensure BSA/AML and OFAC Compliance.

CONTACT US

350 Camino Gardens Blvd, 

Boca Raton , FL  33432

Kenparz@v1capitaladvisors.com

Tel: 561-717-7081

Fax: 888-813-5681

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