Broker-Dealer Regulation and Compliance

  • Holland & Knight's Broker-Dealer Regulation and Compliance Team has extensive experience counseling on the legal, regulatory and compliance implications of broker and dealer activities.
  • Our capabilities encompass the broad spectrum of U.S. Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) and other state and global regulations.

Holland & Knight's Broker-Dealer Regulation and Compliance Team regularly advises on the legal, regulatory and compliance implications of broker and dealer activities, including legal and compliance counseling related to U.S. Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) rules. Our attorneys assist clearing, self-clearing and introducing firms with contractual and regulatory matters both domestically and globally. We negotiate and prepare a wide variety of industry agreements and work with clients to help structure their global operations among their U.S. and foreign affiliates, third parties and other regulated entities such as banks and investment advisers. Our team assists clients with customer documentation, disclosures, know your customer (KYC) issues, anti-money laundering (AML) and conflicts of interest, among other areas.

Our capabilities encompass the broad spectrum of SEC, FINRA, state and global regulatory and compliance matters, including:

  • advertising and marketing
  • annuities distribution and regulation
  • anti-money laundering
  • broker-dealer status issues
  • clearing arrangements
  • cross border and global initiatives
  • customer documentation and disclosures
  • customer protection rules
  • cybersecurity
  • distribution and dealer agreements
  • independent contractor and employment agreements
  • privacy regulations
  • public and private offerings
  • record-keeping practices
  • referral arrangements
  • registration, FINRA continuing membership applications and state licensing
  • regulatory inquiries and examinations
  • securities products and services development
  • social media
  • supervisory policies and procedures
  • trading and sales practices
  • U4, U5 and Form BD matters

We also assist firms in responding to inquiries from the SEC, FINRA, state and other domestic and foreign regulatory bodies, including routine inquiries, cause examinations and regulatory sweeps. Our comprehensive approach incudes helping broker-dealers, investment advisers and others with mergers and acquisitions, labor and employment issues and tax matters, including those related to the Foreign Account Tax Compliance Act (FATCA).