Mandated or Stipulated Consultancies
B/D Solutions has an experienced staff of professionals available when the regulators mandate the use of independent consultants as a remedy.
Many times, a practical solution to a regulatory problem is to offer a settlement that engages a competent consulting firm. This offers a beneficial service to Broker/Dealers aiding their compliance efforts, instead of them simply paying fines and penalties.
In such situations, we work closely with the Broker/Dealer and the regulators to ensure all areas of concern are properly addressed. Our focus is to provide realistic recommendations on how to create and implement long-term solutions, such as:
- Engineer solutions to meet FINRA, SEC and State mandates
- Advise on regulatory settlement negotiations
- Implement remedial training programs
- Liaison with state and federal regulators