DLA- Internal Audit Forensic Accounting

Broker-Dealer Services

DLA Helps Broker-Dealers Meet Their Compliance Obligations 

DLA has extensive experience addressing complex issues and meeting regulatory requirements unique to a broker-dealer.  Our methodology both complements the most sophisticated compliance cultures and supplements emerging compliance programs.  See how DLA’s approach to pre-empting and resolving compliance challenges can help broker-dealers fulfill their compliance obligations.

• Registration and Licensing
  
• Books and Records
  
• Continuing Education
  1. Firm Element
     
     • Needs Analysis
     • Training Plan
     • Training Assessment
  2. Regulatory Element
• Anti-Money Laundering
  
  1. Know Your Client
  2. New Client Adoption
• Regulatory Reporting
  
  1. TRACE (New Securitized Products requirement effective May 16, 2011)
  2. OATS
  3. MSRB
• Business Continuity Plan
  
• Information Barriers
  
• Communications with the Public
  
• Suitability
  
• Supervision and Internal Controls
  
  1. Employee Activities
     
     • Personal Trading
     • Outside Business Activities
     • Private Investment Transactions
     • Political Contributions
     • Gifts and Gratuities
  2. Business Activities
     
     • Proprietary Trading
     • Options Trading
     • Market Making
     • Underwriting and Syndicate
     • Private Placements
     • Business Activities
  3. New Account Opening
  4. Customer Funds and Assets
  5. Order Entry Documentation
  6. Statements and Confirms
  7. Written Supervisory Procedures 
• Trade Surveillance
  
  1. Best Execution
  2. Front Running
  3. Market Manipulation
  4. Short Sales/Reg SHO
• Email Surveillance