Designing an effective compliance program can be challenging, especially in an ever—evolving regulatory landscape. Ensuring your compliance program functions as planned is a whole other challenge. Do you have the right policies and procedures? Are you following them?
GMAG’s team were leaders in regulation and compliance who know how to design, build and back-test firm surveillances and compliance testing. Let us work with your staff in creating a positive culture of compliance in the following areas:
A large broker-dealer retained GMAG to provide expert compliance advice and assistance in connection with regulatory inquiries/responses related to Regulation NMS Rule 607, best execution, payment-for-order flow, and other regulatory concerns.
GMAG provides ongoing compliance advice and has helped the firm with its FINRA and NYSE regulatory filings, updating its policies and procedures and providing general compliance advice.
A high frequency trading firm engaged GMAG to perform a review of the design and functionality of their order marking system and the written supervisory procedures. The review included sample testing of the algorithmic order marking program and surveillance systems.
GMAG was retained by a research firm to perform an assessment of the research reports distributed to their clients. The review included an analysis of the disclosures statements and drafting new disclaimer language for inclusion in each report.