Broker-Dealer Advisory & Counseling

Our attorneys have a deep understanding of the complex and constantly changing regulatory environment in which financial institutions operate. We advise both global and regional broker-dealers on all aspects of regulatory compliance. Our professionals serve a variety of needs, including trading, sales, and research advice; internal reviews and investigations; assisting with regulatory examinations; policies and procedures; and education and training. We have the depth of knowledge and experience needed to effectively counsel clients on all regulatory matters that impact their businesses in this fluid and often turbulent environment.

Looking Forward

In 2019, securities regulators will likely focus on issues surrounding digital assets and blockchain-related offerings, cybersecurity, efforts to adopt a version of proposed Regulation Best Interest, the suitability and trading of volatility-linked products and other complex securities, due diligence with respect to private placements, market structure, new trading platforms, conflicts of interest related to order routing and best execution, and broker-dealers’ procedures and controls to promote compliance with the Customer Protection Rule. The SEC and FINRA also appear poised to continue their increasing focus on brokerdealers’ suspicious activity monitoring and reporting practices under the Bank Secrecy Act and related anti-money laundering regulations.