Introducing Broker (IB) Services
Independent introducing brokers ("IB") are required to maintain accounting records in accordance with generally accepted accounting principles. Compliance regulations such as net capital computations make it necessary for anyone preparing IB financials to be well versed with complex compliance regulations.
IB ACCOUNTING & TAX
- Customized monthly financial statements.
- Two-day completion time.
- Monthly and monitoring of daily IB Net Capital Requirements
- Year-end state and federal tax returns for the IB.
- Consultation and tax planning.
- Ongoing compliance and regulatory assistance
Compliance Services
- Compliance examination in accordance with CFTC/NFA rules.
- Guidance during an NFA/CFTC audit.
- Preparation of compliance/procedures manuals including ISSP, AML and Disaster Recovery procedures.
- Client representation during NFA and CFTC investigations.
- Assistance in handling customer complaints.
- Compliance training for managers and brokers.
- Organizational Guidance.
- Acting as your liason during routine NFA audits
Registration & Formation
- We assist with the online registration of the Firm and the associated persons and principles.
- FAC's compliance team will personally meet with NFA's registration personnel to discuss and quickly resolve registration deficiencies.
Compliance Services
- Compliance examination in accordance with CFTC/NFA rules.
- Review of all advertising material to insure compliance.
- Preparation of compliance/procedures manuals.
- Client representation during NFA and CFTC investigations.
- Assistance in handling customer complaints.
- Compliance training for managers and brokers.
- Organizational Guidance.
Futures Accounting & Compliance
2182-D Gladstone Court
Glendale Heights, IL 60139
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All Rights Reserved.