Jonathan Heymann is President of Wychcrest Compliance Services Inc., a consulting firm specializing in securities compliance and registration.
Make sure you only take on approved staff
How to be compliant
Here’s how you can supplement your firm’s process.
Regulators are paying increasing attention to firms’ compliance structures.
You must maintain an arm’s-length relationship to protect you and your client from impropriety.
Advisors should prepare themselves for a new way of handling clients’ problems, because OBSI’s dispute resolution service will be mandatory as of August 1.