Leverage the expertise of COMPLY consultants, formerly NRS, to test your firm’s preparedness for examination. The mock examination evaluates the ability and preparedness of your firm’s key personnel, processes, and records to help determine if your firm will meet regulatory expectations.
The Mock Examination is executed in three stages:
- Off-Site Review: As the SEC would do, COMPLY requests a series of compliance documents to understand the firm’s unique business practices and to prepare for an onsite examination
- Onsite Mock SEC Exam: COMPLY compliance professionals visit your firm’s offices and conduct a live mock SEC Exam through a series of exercises and interviews of the firm’s senior staff and personnel. Topics covered during the mock session may include Risk Management, Trading Practices, Vendor Due Diligence, Form ADV Disclosure, AML procedures, and others
- Off-site Exam Report: Upon completion of the onsite review, COMPLY will provide a written summary of the findings and any recommendations for corrective actions
