2016 Broker/Dealer Compliance Calendar
25602 Alicia Parkway #107 Laguna Hills, CA 92653 Main (800) 641-1818 Tel (949) 770-6154 Fax (949) 770-6198 www.financialregistrations.com
2016 Broker/Dealer Compliance Calendar Forward Dear Reader, Our updated 2016 Broker/Dealer Compliance Calendar update is intended to keep broker/dealers informed of updated compliance reporting requirements and filing deadlines as well as provide information on market holidays and events that may affect broker/dealer business operations. This information is divided into two categories: compliance reporting and filing deadlines that are established on a calendar year basis and event-driven requirements that are set internally by broker/dealer firms based on their previous year’s completion dates.
While this information is intended to be used as a reference guide when preparing and planning your annual broker/dealer compliance program, we encourage each broker/dealer firm to review its specific needs to determine the applicability of such requirements. Although this information is primarily focused on FINRA member broker/dealers, as federal, state and/or SRO rules and regulations are subject to change, information on specific requirements as provided in this calendar should be verified to ensure compliance with current regulatory reporting requirements. Sincerely,
Scott P. Tarra Managing Principal
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
Page 1 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Contents Quick Guide……………………………………………………………..
03
June…………………………………………………………........................
11
Event-Driven Requirements……………………………..……….....
04
July………………………………………………………............................
12
Date-Driven Requirements…………………….…………….….......
04
August ………………………………………………………...…................
14
January………………………………………………………….......
04
September……………………………………………………………...........
15
February……………………………………………………….........
05
October……………………………………………………………...............
16
March ………………………………………………………...…......
07
November……………………………………………………………………..
18
April…………………………………………………………….........
08
December……………………………………………………………………..
19
May……………………………………………………………..........
10
January 2017………………………………………...……………………….
22
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar © 2016 Financial Registrations, Inc.
Page 2 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Quick Guide JANUARY
FEBRUARY
M
T
W
T
4 11 18 25
5 12 19 26
6 13 20 27
7 14 21 28
F 1 8 15 22 29
S 2 9 16 23 30
S 3 10 17 24 31
MAY
M 1 8 15 22 29
T 2 9 16 23
W 3 10 17 24
MARCH T 4 11 18 25
F 5 12 19 26
S 6 13 20 27
S 7 14 21 28
JUNE
M
T
W
T
F
S
2 9 16 23 30
3 10 17 24 31
4 11 18 25
5 12 19 26
6 13 20 27
7 14 21 28
S 1 8 15 22 29
SEPTEMBER M
T
W
5 12 19 26
6 13 20 27
7 14 21 28
T 1 8 15 22 29
M
T
6 13 20 27
7 14 21 28
S 3 10 17 24
S 4 11 18 25
7 14 21 28
T 1 8 15 22 29
W 2 9 16 23 30
T 3 10 17 24 31
F 4 11 18 25
S 5 12 19 26
S 6 13 20 27
JULY W 1 8 15 22 29
T 2 9 16 23 30
F 3 10 17 24
S 4 11 18 25
S 5 12 19 26
OCTOBER F 2 9 16 23 30
M
APRIL
T
W
T
F
3 10 17 24 31
4 11 18 25
5 12 19 26
6 13 20 27
7 14 21 28
S 1 8 15 22 29
S 2 9 16 23 30
M
T
W
T
4 11 18 25
5 12 19 26
6 13 20 27
7 14 21 28
M 7 14 21 28
T 1 8 15 22 29
T
W
T 7 14 21 28
F 1 8 15 22 29
S 2 9 16 23 30
S 3 10 17 24
4 11 18 25
5 12 19 26
6 13 20 27
T 4 11 18 25
F 5 12 19 26
S 6 13 20 27
S 7 14 21 28
T 1 8 15 22 29
F 2 9 16 23 30
S 3 10 17 24 31
S 4 11 18 25
AUGUST F 1 8 15 22 29
S 2 9 16 23 30
S 3 10 17 24 31
NOVEMBER
M
M
W 2 9 16 23 30
T 3 10 17 24
M 1 8 15 22 29
T 2 9 16 23 30
W 3 10 17 24 31
DECEMBER F 4 11 18 25
S 5 12 19 26
S 6 13 20 27
M
T
W
5 12 19 26
6 13 20 27
7 14 21 28
[ ]= Compliance Requirements/Due Date [ ]= Market Holiday/Market Close
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
Page 3 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Update: February 28, 2016
Due Date
Completed
By Scott P. Tarra Managing Principal starra@financialreg.com N/A
Compliance Requirement
Category
Frequency
Assignment
Rule/Reference
Event Driven Tasks (based on previous year's completion date) TBD
AML Continuing Education Training
AML
Annually
AMLCO
FINRA Rule 3310(e)
TBD
Firm Element Continuing Education Training
Education & Training
Annually
CCO/DSP
FINRA Rule 1250(b)(1)
TBD
Annual Compliance Meeting(s)
Education & Training
Annually
CCO/DSP
FINRA Rule 3110(a)(7)
TBD
OSJ Main Office Compliance Review(s)
Branch Supervision
Annually
CCO/DSP
FINRA Rule 3110(c)(1)(A)
TBD
OSJ Branch Office Compliance Review(s) (if applicable)
Branch Supervision
Annually
CCO/DSP
FINRA Rule 3110(c)(1)(B)
TBD
Non-OSJ Branch Office Compliance Review(s) (if applicable)
Branch Supervision
Annually
CCO/DSP
FINRA Rule 3110(c)(1)(C)
TBD
Independent Test of Anti-Money Laundering (AML) Program
AML
Annually
AMLCO
FINRA Rule 3310(c)
TBD
Rule 3120/3130 Annual Test & Review
Supervisory Controls
Annually
CCO/DSP
FINRA Rule 3120; FINRA Rule 3130
TBD
Rule 3130 Annual CEO Certification
Supervisory Controls
Annually
CEO
FINRA Rule 3130
New Year’s Day
Market Holiday
Annually
2016 Final Renewal Statement Availability Implementation Date-- FINRA Approval of Securities Trader and Securities Trader Principal Registration Categories and Related Qualification Examination, Fee and Continuing Education Requirements
Renewals
Annually
FINOP/DSP
FINRA Renewal Program Calendar
Licensing/Registration
Periodic
CCO/DSP
01/05/16
Short-Interest Reporting Deadline (Settlement Date of December 31, 2015)
Financial Reporting
Bi-Weekly
FINOP
NASD Rule 1032(f); NASD Rule 1022(a); FINRA Regulatory Notice 15-45 FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101
01/07/16
Alternative Periodic Reporting for Transactions in Muni Fund Securities
Munis.
Quarterly
Muni Principal
MSRB Rule G-15(a)(vii)(B)
01/11/16
Automatic Transfers for 2016 Final Renewal Statement Payments
Renewals
Annually
FINOP/DSP
FINRA Renewal Program Calendar
01/15/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
Section 314(a) of the USA PATRIOT Act
01/15/16
Quarterly Reporting of Customer Complaints (Quarter End December 31, 2015)
Regulatory Reporting
Quarterly
CCO
FINRA Rule 4530(d)
Date Driven Tasks (based on Calendar Year due dates) 01/01/16 01/04/16 01/04/16
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar © 2016 Financial Registrations, Inc.
Page 4 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Compliance Requirement
Category
Frequency
Assignment
Rule/Reference
01/15/16
Completed
N/A
Deadline for receipt of Final Renewal Statement payments
Renewals
Annually
FINOP/DSP
FINRA Renewal Program Calendar
01/18/16
Martin Luther King, Jr. Day
Market Holiday
Annually
01/20/16
Short-Interest Reporting Deadline (Settlement Date of January 15, 2016)
Financial Reporting
Bi-Weekly
FINOP
01/27/16
Annual Schedule I Filing (for FYE December 31, 2015)
Financial Reporting
Annually
FINOP
01/27/16
Monthly and Fifth FOCUS II/IIA Filing (Period End December 31, 2015)
Financial Reporting
Monthly
FINOP
01/27/16
Quarterly FOCUS II/IIA Filing (Quarter End December 31, 2015)
Financial Reporting
Quarterly
FINOP
01/27/16
Financial Reporting
Quarterly
FINOP
01/27/16
Form Custody (Quarter End December 31, 2015) Complete Monthly Financials and Net Capital Calculation (Period End December 31, 2015)
FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 SEA Rule 17a-5; FINRA Information Notice12/14/15 SEA Rule 17a-5(a); FINRA Information Notice- 12/14/15 SEA Rule 17a-5(a); FINRA Information Notice- 12/14/15 SEA Rule 17a-5(a)(5); FINRA Information Notice- 12/14/15
Financial Reporting
Monthly
FINOP
SEA Rule 15c3-1
01/27/16
Annual Contact Verification for FINRA and MSRB firms (FCS)
Regulatory Reporting
Annually
CCO
FINRA Rule 4517
01/27/16
MSRB Form A-12 Annual Affirmation (MSRB Member Firms)
Munis.
Annually
Muni Principal
01/29/16
Annual Audit Report (for FYE November 30, 2015)
Financial Reporting
Annually
FINOP
MSRB Rule A-12(k) SEA Rule 17a-5(d); FINRA Information Notice- 12/14/15
01/31/16
MSRB Rule G-37 Reporting Requirement
Munis.
Quarterly
Muni Principal
MSRB Rule G-37(e)
01/31/16
Quarterly Disclosure of Order Routing
Trading
Quarterly
CCO/DSP
SEC Rule 606
01/31/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
02/01/16
Financial Reporting
Monthly
FINOP
02/01/16
Supplemental Inventory Schedule (SIS) Filing (Quarter End December 31, 2015) Effective Date-- Submission of "Clearing-Only, Non-Regulatory Reports" to the FINRA Equity Trade Reporting Facilities
Section 314(a) of the USA PATRIOT Act FINRA Rule 4524; FINRA Regulatory Notice 14-43
Trading
Periodic
CCO/DSP
FINRA Regulatory Notice 15-51
02/01/16
Supplemental Statement of Income (SSOI) (Quarter End December 31, 2015)
Financial Reporting
Quarterly
FINOP
02/02/16
Short-Interest Reporting Deadline (Settlement Date of January 29, 2016)
Financial Reporting
Bi-Weekly
FINOP
FINRA Rule 4524; FINRA Notice12-11 FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101
02/03/16
Supplemental Schedule for Derivatives and Other Off-Balance Sheet Items (OBS) (Quarter Ending December 31, 2015)
Financial Reporting
Quarterly
FINOP
02/08/16
Customer Margin Balance Form Filing (Period End January 29, 2016)
Financial Reporting
Monthly
FINOP
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
FINRA Rule 4524; FINRA Regulatory Notice 13-10 FINRA Rule 4210; FINRA Regulatory Notice 10-08
Page 5 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Completed
N/A
Compliance Requirement
Category
Frequency
Assignment
02/11/16
Annual Entitlement User Accounts Certification Process (for SAA)
Regulatory Reporting
Annually
CCO
02/15/16
Month-end Compliance Review & Recap (Month-end January 31, 2016)
Supervision
Monthly
CCO/DSP
Rule/Reference Entitlement User Accounts Certification Process Quick Reference Guide
02/15/16
Sample Review of New Customer Accounts
Customer Accounts
Monthly
CCO/DSP
02/15/16
Review & Confirm OFAC Check/CIP Verification on New Client Accounts
AML
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3310; Section 326 of the USA Patriot Act; US Treasury's Office of Foreign Asset Control's Sanctions Program
02/15/16
Sample Review of Transactions
Trading
Monthly
CCO/DSP
FINRA Rule 3110(d)
02/15/16
Sample Review of New Rep files
Personnel
Monthly
CCO/DSP
02/15/16
Review of Customer Complaints
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3110(e) FINRA Rule 3110(5); FINRA Rule 4530(a)&(b)
02/15/16
Sample Review of Gifts & Gratuities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3220
02/15/16
Trading
Monthly
CCO/DSP
02/15/16
Sample Review of Selected Activity/Exception Reports Sample Review of Correspondence, Retail/Institutional Communications (written/electronic)
Communications
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3110(4); FINRA Rule 2210(b)(1)-(3)
02/15/16
Sample Review of Outside Brokerage Account Statements
Internal Controls
Monthly
CCO/DSP
NASD Rule 3050
02/15/16
Sample Review of Outside Business Activities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3270
02/15/16
Sample Review of Private Securities Transactions
Internal Controls
Monthly
CCO/DSP
02/15/16
Review of Social Media Use by Associated Persons
Communications
Monthly
CCO/DSP
02/15/16
Sample Review of Trade Activity against Restricted Securities/Watch List(s)
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3280 FINRA Rule 3110(4); FINRA Rule 2210(b)(1); FINRA Regulatory Notice 12-29 Insider Trading and Securities Fraud Enforcement Act of 1988; FINRA Rule 5130; SEC Rule 10b5-1 & 2
AMLCO
Section 314(a) of the USA PATRIOT Act
02/15/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
02/15/16
President’s Day
Market Holiday
Annually
02/16/16
Effective Date-- New Rate for Fees Paid Under Section 31
Financial Reporting
Annually
CCO/DSP
02/17/16
Short-Interest Reporting Deadline (Settlement Date of February 12, 2016) Effective Date-- SEC Approves Rule to Address Conflicts of Interest Relating to the Publication and Distribution of Debt Research Reports
Financial Reporting
Bi-Weekly
FINOP
Research
Periodic
CCO/DSP
02/22/16
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar © 2016 Financial Registrations, Inc.
Section 31 of the Exchange Act; FINRA Information Notice 1/20/16 FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 FINRA Rule 2242; FINRA Regulatory Notice 15-31
Page 6 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Compliance Requirement
Category
Frequency
Assignment
Financial Reporting
Monthly
FINOP
02/24/16
Monthly and Fifth FOCUS II/IIA Filing (Period End January 31, 2016) Complete Monthly Financials and Net Capital Calculation (Period End January 31, 2016)
Rule/Reference SEA Rule 17a-5(a); FINRA Information Notice- 12/14/15
Financial Reporting
Monthly
FINOP
SEA Rule 15c3-1
02/29/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
02/29/16
Annual Audit Report (for FYE December 31, 2015)
Financial Reporting
Annually
FINOP
02/29/16
Financial Reporting
Monthly
FINOP
02/29/16
Supplemental Inventory Schedule (SIS) Filing (Quarter End January 31, 2016) SIPC-7 General Assessment Reconciliation Filing and Payment (for firms with December 31st FYE)
Financial Reporting
Bi-Annually
FINOP
03/02/16
Short-Interest Reporting Deadline (Settlement Date of February 29, 2016)
Financial Reporting
Bi-Weekly
FINOP
03/07/16
Implementation Date-- FINRA Revises the Series 9/10 Examination Program
Licensing/Registration
Periodic
CCO/DSP
03/08/16
Customer Margin Balance Form Filing (Period End February 29, 2016)
Financial Reporting
Monthly
FINOP
Section 314(a) of the USA PATRIOT Act SEA Rule 17a-5(d); FINRA Information Notice- 12/14/15 FINRA Rule 4524; FINRA Regulatory Notice 14-43 Article 6 of Bylaws of the Securities Investor Protection Corporation FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 SEA Section 15A(g)(3); NASD Rule 1022(g); NASD Rule 1030 FINRA Rule 4210; FINRA Regulatory Notice 10-08
03/15/16
Month-end Compliance Review & Recap (Month-end February 29, 2016)
Supervision
Monthly
CCO/DSP
02/24/16
Completed
N/A
03/15/16
Sample Review of New Customer Accounts
Customer Accounts
Monthly
CCO/DSP
03/15/16
Review & Confirm OFAC Check/CIP Verification on New Client Accounts
AML
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3310; Section 326 of the USA Patriot Act; US Treasury's Office of Foreign Asset Control's Sanctions Program
03/15/16
Sample Review of Transactions
Trading
Monthly
CCO/DSP
FINRA Rule 3110(d)
03/15/16
Sample Review of New Rep files
Personnel
Monthly
CCO/DSP
03/15/16
Review of Customer Complaints
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3110(e) FINRA Rule 3110(5); FINRA Rule 4530(a)&(b)
03/15/16
Sample Review of Gifts & Gratuities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3220
03/15/16
Trading
Monthly
CCO/DSP
03/15/16
Sample Review of Selected Activity/Exception Reports Sample Review of Correspondence, Retail/Institutional Communications (written/electronic)
Communications
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3110(4); FINRA Rule 2210(b)(1)-(3)
03/15/16
Sample Review of Outside Brokerage Account Statements
Internal Controls
Monthly
CCO/DSP
NASD Rule 3050
03/15/16
Sample Review of Outside Business Activities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3270
03/15/16
Sample Review of Private Securities Transactions
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3280
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
Page 7 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Completed
N/A
Compliance Requirement
Category
Frequency
Assignment
03/15/16
Review of Social Media Use by Associated Persons
Communications
Monthly
CCO/DSP
03/15/16
Sample Review of Trade Activity against Restricted Securities/Watch List(s)
Internal Controls
Monthly
CCO/DSP
Rule/Reference FINRA Rule 3110(4); FINRA Rule 2210(b)(1); FINRA Regulatory Notice 12-29 Insider Trading and Securities Fraud Enforcement Act of 1988; FINRA Rule 5130; SEC Rule 10b5-1 & 2
03/15/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
03/17/16
Short-Interest Reporting Deadline (Settlement Date of March 15, 2016)
Financial Reporting
Bi-Weekly
FINOP
03/23/16
Financial Reporting
Monthly
FINOP
03/23/16
Monthly and Fifth FOCUS II/IIA Filing (Period End February 29, 2016) Complete Monthly Financials and Net Capital Calculation (Period End February 29, 2016)
Section 314(a) of the USA PATRIOT Act FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 SEA Rule 17a-5(a); FINRA Information Notice- 12/14/15
Financial Reporting
Monthly
FINOP
SEA Rule 15c3-1
03/25/16
Good Friday
Market Holiday
Annually
03/29/16
Financial Reporting
Monthly
FINOP
03/30/16
Supplemental Inventory Schedule (SIS) Filing (Quarter End February 29, 2016) Effective Date- SEC Approves Rule Governing Sales of Securities on Military Installations to Members of the U.S. Armed Forces or Their Dependents
Internal Controls
Periodic
CCO/DSP
03/31/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
03/31/16
Annual Audit Report (for FYE January 31, 2016)
Financial Reporting
Annually
FINOP
Section 314(a) of the USA PATRIOT Act SEA Rule 17a-5(d); FINRA Information Notice- 12/14/15
04/01/16
Financial Reporting
Annually
FINOP
FINRA Regulatory Notice 09-56
04/02/16
FINRA Gross Income Assessments (GIA) through E-Bill Effective Date-- SEC Approves Amendments to Publish OTC Equity Volume Executed Outside Alternative Trading Systems
Trading
Periodic
CCO/DSP
04/04/16
Short-Interest Reporting Deadline (Settlement Date of March 31, 2016)
Financial Reporting
Bi-Weekly
FINOP
FINRA Regulatory Notice 15-48 FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101
04/07/16
Alternative Periodic Reporting for Transactions in Muni Fund Securities
Munis.
Quarterly
Muni Principal
04/08/16
Financial Reporting
Monthly
FINOP
04/11/16
Customer Margin Balance Form Filing (Period End March 31, 2016) Effective Date-- SEC Approves Amendments to FINRA Rule 2310 and NASD Rule 2340 to Address Values of Direct Participation Program and Unlisted Real Estate Investment Trust Securities
MSRB Rule G-15(a)(vii)(B) FINRA Rule 4210; FINRA Regulatory Notice 10-08
Supervision
Periodic
CCO/DSP
NASD Rule 2340; FINRA Rule 2310; FINRA Regulatory Notice 15-02
04/15/16
Month-end Compliance Review & Recap (Month-end March 31, 2016)
Supervision
Monthly
CCO/DSP
Customer Accounts
Monthly
CCO/DSP
04/15/16
Sample Review of New Customer Accounts
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
FINRA Rule 4524; FINRA Regulatory Notice 14-43 FINRA Rule 2272; FINRA Regulatory Notice 15-34
FINRA Rule 3110(d)
Page 8 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Completed
N/A
Compliance Requirement
Category
Frequency
Assignment
04/15/16
Review & Confirm OFAC Check/CIP Verification on New Client Accounts
AML
Monthly
CCO/DSP
Rule/Reference FINRA Rule 3310; Section 326 of the USA Patriot Act; US Treasury's Office of Foreign Asset Control's Sanctions Program
04/15/16
Sample Review of Transactions
Trading
Monthly
CCO/DSP
FINRA Rule 3110(d)
04/15/16
Sample Review of New Rep files
Personnel
Monthly
CCO/DSP
04/15/16
Review of Customer Complaints
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3110(e) FINRA Rule 3110(5); FINRA Rule 4530(a)&(b)
04/15/16
Sample Review of Gifts & Gratuities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3220
04/15/16
Trading
Monthly
CCO/DSP
04/15/16
Sample Review of Selected Activity/Exception Reports Sample Review of Correspondence, Retail/Institutional Communications (written/electronic)
Communications
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3110(4); FINRA Rule 2210(b)(1)-(3)
04/15/16
Sample Review of Outside Brokerage Account Statements
Internal Controls
Monthly
CCO/DSP
NASD Rule 3050
04/15/16
Sample Review of Outside Business Activities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3270
04/15/16
Sample Review of Private Securities Transactions
Internal Controls
Monthly
CCO/DSP
04/15/16
Review of Social Media Use by Associated Persons
Communications
Monthly
CCO/DSP
04/15/16
Sample Review of Trade Activity against Restricted Securities/Watch List(s)
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3280 FINRA Rule 3110(4); FINRA Rule 2210(b)(1); FINRA Regulatory Notice 12-29 Insider Trading and Securities Fraud Enforcement Act of 1988; FINRA Rule 5130; SEC Rule 10b5-1 & 2
04/15/16
Quarterly Reporting of Customer Complaints (Qtr. Ending March 31, 2016)
Regulatory Reporting
Quarterly
CCO
FINRA Rule 4530(d)
04/15/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
04/19/16
Short-Interest Reporting Deadline (Settlement Date of April 15, 2016)
Financial Reporting
Bi-Weekly
FINOP
04/25/16
Financial Reporting
Quarterly
FINOP
04/25/16
Form Custody (Quarter End March 31, 2016) Complete Monthly Financials and Net Capital Calculation (Period End March 31, 2016)
Section 314(a) of the USA PATRIOT Act FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 SEA Rule 17a-5(a)(5); FINRA Information Notice- 12/14/15
Financial Reporting
Monthly
FINOP
04/25/16
Quarterly FOCUS II/IIA Filing (Quarter End March 31, 2016)
Financial Reporting
Quarterly
FINOP
04/28/16
Supplemental Statement of Income (SSOI) (Quarter End March 31, 2016)
Financial Reporting
Quarterly
FINOP
04/28/16
Supplemental Inventory Schedule (SIS) Filing (Quarter End March 31, 2016)
Financial Reporting
Monthly
FINOP
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
SEA Rule 15c3-1 SEA Rule 17a-5(a); FINRA Information Notice- 12/14/15 FINRA Rule 4524; FINRA Notice12-11 FINRA Rule 4524; FINRA Regulatory Notice 14-43 Page 9 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Completed
N/A
Compliance Requirement
Category
Frequency
Assignment
04/29/16
Annual Audit Report (for FYE February 29, 2016)
Financial Reporting
Annually
FINOP
Rule/Reference SEA Rule 17a-5(d); FINRA Information Notice- 12/14/15
04/30/16
Quarterly Disclosure of Order Routing
Trading
Quarterly
CCO/DSP
SEC Rule 606
04/30/16
MSRB Rule G-37 Reporting Requirement
Munis.
Quarterly
Muni Principal
MSRB Rule G-37(e)
04/30/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
Section 314(a) of the USA PATRIOT Act
05/02/16
Supplemental Schedule for Derivatives and Other Off-Balance Sheet Items (OBS) (Quarter Ending March 31, 2016)
Financial Reporting
Quarterly
FINOP
05/03/16
Short-Interest Reporting Deadline (Settlement Date of April 29, 2016)
Financial Reporting
Bi-Weekly
FINOP
05/09/16
Customer Margin Balance Form Filing (Period End April 29, 2016)
Financial Reporting
Monthly
FINOP
05/15/16
Month-end Compliance Review & Recap (Month-end April 30, 2016)
Supervision
Monthly
CCO/DSP
FINRA Rule 4524; FINRA Regulatory Notice 13-10 FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 FINRA Rule 4210; FINRA Regulatory Notice 10-08
05/15/16
Sample Review of New Customer Accounts
Customer Accounts
Monthly
CCO/DSP
05/15/16
Review & Confirm OFAC Check/CIP Verification on New Client Accounts
AML
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3310; Section 326 of the USA Patriot Act; US Treasury's Office of Foreign Asset Control's Sanctions Program
05/15/16
Sample Review of Transactions
Trading
Monthly
CCO/DSP
FINRA Rule 3110(d)
05/15/16
Sample Review of New Rep files
Personnel
Monthly
CCO/DSP
05/15/16
Review of Customer Complaints
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3110(e) FINRA Rule 3110(5); FINRA Rule 4530(a)&(b)
05/15/16
Sample Review of Gifts & Gratuities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3220
05/15/16
Trading
Monthly
CCO/DSP
05/15/16
Sample Review of Selected Activity/Exception Reports Sample Review of Correspondence, Retail/Institutional Communications (written/electronic)
Communications
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3110(4); FINRA Rule 2210(b)(1)-(3)
05/15/16
Sample Review of Outside Brokerage Account Statements
Internal Controls
Monthly
CCO/DSP
NASD Rule 3050
05/15/16
Sample Review of Outside Business Activities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3270
05/15/16
Sample Review of Private Securities Transactions
Internal Controls
Monthly
CCO/DSP
05/15/16
Review of Social Media Use by Associated Persons
Communications
Monthly
CCO/DSP
FINRA Rule 3280 FINRA Rule 3110(4); FINRA Rule 2210(b)(1); FINRA Regulatory Notice 12-29
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
Page 10 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
05/15/16
Completed
N/A
Compliance Requirement
Sample Review of Trade Activity against Restricted Securities/Watch List(s)
Category
Frequency
Assignment
Internal Controls
Monthly
CCO/DSP
05/15/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
05/17/16
Short-Interest Reporting Deadline (Settlement Date of May 13, 2016) Implementation Date-- SEC Approves Amendments to Require Firms to Add a No-Remuneration Indicator in TRACE Trade Report
Financial Reporting
Bi-Weekly
FINOP
Trading
Periodic
CCO/DSP
Financial Reporting
Monthly
FINOP
05/24/16
Monthly and Fifth FOCUS II/IIA Filings (Period End April 30, 2016) Complete Monthly Financials and Net Capital Calculation (Period End April 30, 2016)
Financial Reporting
Monthly
FINOP
05/27/16
Supplemental Inventory Schedule (SIS) Filing (Quarter End April 30, 2016)
Financial Reporting
Monthly
FINOP
05/27/16
Friday before Memorial Day (3 p.m. early close)
Market Holiday
Annually
05/30/16
Memorial Day
Market Holiday
Annually
05/31/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
05/31/16
Annual Audit Report (for FYE March 31, 2016)
Financial Reporting
Annually
FINOP
06/02/16
Financial Reporting
Bi-Weekly
FINOP
06/06/16
Short-Interest Reporting Deadline (Settlement Date of May 31, 2016) Effective Date-- SEC Approves Rule Requiring Members’ Websites to Include a Readily Apparent Reference and Hyperlink to BrokerCheck
Marketing/Advertising
Periodic
CCO/DSP
06/08/16
Customer Margin Balance Form Filing (Period End May 31, 2016)
Financial Reporting
Monthly
FINOP
06/15/16
Month-end Compliance Review & Recap (Month-end May 31, 2016)
05/23/16 05/24/16
Rule/Reference Insider Trading and Securities Fraud Enforcement Act of 1988; FINRA Rule 5130; SEC Rule 10b5-1 & 2 Section 314(a) of the USA PATRIOT Act FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 FINRA Rule 6730; FINRA Regulatory Notice 15-47 SEA Rule 17a-5(a); FINRA Information Notice- 12/14/15 SEA Rule 15c3-1 FINRA Rule 4524; FINRA Regulatory Notice 14-43
Section 314(a) of the USA PATRIOT Act SEA Rule 17a-5(d); FINRA Information Notice- 12/14/15 FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 FINRA Rule 2210; FINRA Regulatory Notice 15-50 FINRA Rule 4210; FINRA Regulatory Notice 10-08
Supervision
Monthly
CCO/DSP
06/15/16
Sample Review of New Customer Accounts
Customer Accounts
Monthly
CCO/DSP
06/15/16
Review & Confirm OFAC Check/CIP Verification on New Client Accounts
AML
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3310; Section 326 of the USA Patriot Act; US Treasury's Office of Foreign Asset Control's Sanctions Program
06/15/16
Sample Review of Transactions
Trading
Monthly
CCO/DSP
FINRA Rule 3110(d)
06/15/16
Sample Review of New Rep files
Personnel
Monthly
CCO/DSP
06/15/16
Review of Customer Complaints
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3110(e) FINRA Rule 3110(5); FINRA Rule 4530(a)&(b)
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar © 2016 Financial Registrations, Inc.
Page 11 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Category
Frequency
Assignment
Rule/Reference
06/15/16
Completed
N/A
Compliance Requirement Sample Review of Gifts & Gratuities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3220
06/15/16
Trading
Monthly
CCO/DSP
06/15/16
Sample Review of Selected Activity/Exception Reports Sample Review of Correspondence, Retail/Institutional Communications (written/electronic)
Communications
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3110(4); FINRA Rule 2210(b)(1)-(3)
06/15/16
Sample Review of Outside Brokerage Account Statements
Internal Controls
Monthly
CCO/DSP
NASD Rule 3050
06/15/16
Sample Review of Outside Business Activities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3270
06/15/16
Sample Review of Private Securities Transactions
Internal Controls
Monthly
CCO/DSP
06/15/16
Review of Social Media Use by Associated Persons
Communications
Monthly
CCO/DSP
06/15/16
Sample Review of Trade Activity against Restricted Securities/Watch List(s)
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3280 FINRA Rule 3110(4); FINRA Rule 2210(b)(1); FINRA Regulatory Notice 12-29 Insider Trading and Securities Fraud Enforcement Act of 1988; FINRA Rule 5130; SEC Rule 10b5-1 & 2
06/15/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
06/17/16
Short-Interest Reporting Deadline (Settlement Date of June 15, 2016)
Financial Reporting
Bi-Weekly
FINOP
06/23/16
Financial Reporting
Monthly
FINOP
06/23/16
Monthly and Fifth FOCUS II/IIA Filing (Period End May 31, 2016) Complete Monthly Financials and Net Capital Calculation (Period End May 31, 2016)
Financial Reporting
Monthly
FINOP
06/28/16
Supplemental Inventory Schedule (SIS) Filing (Quarter End May 31, 2016)
Financial Reporting
Monthly
FINOP
06/29/16
Annual Audit Report (for FYE April 30, 2016)
Financial Reporting
Annually
FINOP
06/30/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
07/01/16
Clearing/Carrying Firm Notification and Submission of Activity/Exception Reports
Trading
Annually
CCO/DSP
Section 314(a) of the USA PATRIOT Act FINRA Rule 4311(h)(1) & (2); NYSE Rule 382
07/01/16
Day before Independence Day (1 p.m. early close)
Market Holiday
Annually
07/04/16
Independence Day
Market Holiday
Annually
07/05/16
Short-Interest Reporting Deadline (Settlement Date of June 30, 2016)
Financial Reporting
Bi-Weekly
FINOP
FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101
07/07/16
Alternative Periodic Reporting for Transactions in Muni Fund Securities
Munis.
Quarterly
Muni Principal
07/11/16
Customer Margin Balance Form Filing (Period End June 30, 2016)
Financial Reporting
Monthly
FINOP
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
Section 314(a) of the USA PATRIOT Act FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 SEA Rule 17a-5(a); FINRA Information Notice- 12/14/15 SEA Rule 15c3-1 FINRA Rule 4524; FINRA Regulatory Notice 14-43 SEA Rule 17a-5(d); FINRA Information Notice- 12/14/15
MSRB Rule G-15(a)(vii)(B) FINRA Rule 4210; FINRA Regulatory Notice 10-08 Page 12 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Compliance Requirement
Category
Frequency
Assignment
Rule/Reference
07/15/16
Completed
N/A
Quarterly Reporting of Customer Complaints (Qtr. Ending June 30, 2016)
Regulatory Reporting
Quarterly
CCO
FINRA Rule 4530(d)
07/15/16
Month-end Compliance Review & Recap (Month-end June 30, 2016)
Supervision
Monthly
CCO/DSP
07/15/16
Sample Review of New Customer Accounts
Customer Accounts
Monthly
CCO/DSP
07/15/16
Review & Confirm OFAC Check/CIP Verification on New Client Accounts
AML
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3310; Section 326 of the USA Patriot Act; US Treasury's Office of Foreign Asset Control's Sanctions Program
07/15/16
Sample Review of Transactions
Trading
Monthly
CCO/DSP
FINRA Rule 3110(d)
07/15/16
Sample Review of New Rep files
Personnel
Monthly
CCO/DSP
07/15/16
Review of Customer Complaints
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3110(e) FINRA Rule 3110(5); FINRA Rule 4530(a)&(b)
07/15/16
Sample Review of Gifts & Gratuities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3220
07/15/16
Trading
Monthly
CCO/DSP
07/15/16
Sample Review of Selected Activity/Exception Reports Sample Review of Correspondence, Retail/Institutional Communications (written/electronic)
Communications
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3110(4); FINRA Rule 2210(b)(1)-(3)
07/15/16
Sample Review of Outside Brokerage Account Statements
Internal Controls
Monthly
CCO/DSP
NASD Rule 3050
07/15/16
Sample Review of Outside Business Activities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3270
07/15/16
Sample Review of Private Securities Transactions
Internal Controls
Monthly
CCO/DSP
07/15/16
Review of Social Media Use by Associated Persons
Communications
Monthly
CCO/DSP
07/15/16
Sample Review of Trade Activity against Restricted Securities/Watch List(s)
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3280 FINRA Rule 3110(4); FINRA Rule 2210(b)(1); FINRA Regulatory Notice 12-29 Insider Trading and Securities Fraud Enforcement Act of 1988; FINRA Rule 5130; SEC Rule 10b5-1 & 2
07/15/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
07/19/16
Short-Interest Reporting Deadline (Settlement Date of July 15, 2016)
Financial Reporting
Bi-Weekly
FINOP
07/26/16
Form Custody (Quarter End June 30, 2016)
Financial Reporting
Quarterly
FINOP
07/26/16
Financial Reporting
Quarterly
FINOP
07/26/16
Quarterly FOCUS II/IIA Filing (Quarter End June 30, 2016) Complete Monthly Financials and Net Capital Calculation (Period End June 30, 2016)
Section 314(a) of the USA PATRIOT Act FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 SEA Rule 17a-5(a)(5); FINRA Information Notice- 12/14/15 SEA Rule 17a-5(a); FINRA Information Notice- 12/14/15
Financial Reporting
Monthly
FINOP
SEA Rule 15c3-1
07/29/16
Supplemental Statement of Income (SSOI) (Quarter End June 30, 2016)
Financial Reporting
Quarterly
FINOP
FINRA Rule 4524; FINRA Notice12-11
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
Page 13 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Compliance Requirement
Category
Frequency
Assignment
Financial Reporting
Monthly
FINOP
07/30/16
Supplemental Inventory Schedule (SIS) Filing (Quarter End June 30, 2016) SIPC-6 General Assessment Filing and Payment (for firms with December 31st FYE)
Financial Reporting
Bi-Annually
FINOP
Rule/Reference FINRA Rule 4524; FINRA Regulatory Notice 14-43 Article 6 of Bylaws of the Securities Investor Protection Corporation
07/31/16
Quarterly Disclosure of Order Routing
Trading
Quarterly
CCO/DSP
SEC Rule 606
07/31/16
MSRB Rule G-37 Reporting Requirement
Munis.
Quarterly
Muni Principal
MSRB Rule G-37(e)
07/31/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
08/01/16
Financial Reporting
Annually
FINOP
08/02/16
Annual Audit Report (for FYE May 31, 2016) Supplemental Schedule for Derivatives and Other Off-Balance Sheet Items (OBS) (Quarter Ending June 30, 2016)
Financial Reporting
Quarterly
FINOP
08/02/16
Short-Interest Reporting Deadline (Settlement Date of July 29, 2016)
Financial Reporting
Bi-Weekly
FINOP
08/08/16
Customer Margin Balance Form Filing (Period End July 29, 2016)
Financial Reporting
Monthly
FINOP
Section 314(a) of the USA PATRIOT Act SEA Rule 17a-5(d); FINRA Information Notice- 12/14/15 FINRA Rule 4524; FINRA Regulatory Notice 13-10 FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 FINRA Rule 4210; FINRA Regulatory Notice 10-08
08/15/16
Month-end Compliance Review & Recap (Month-end July 31, 2016)
Supervision
Monthly
CCO/DSP
07/29/16
Completed
N/A
08/15/16
Sample Review of New Customer Accounts
Customer Accounts
Monthly
CCO/DSP
08/15/16
Review & Confirm OFAC Check/CIP Verification on New Client Accounts
AML
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3310; Section 326 of the USA Patriot Act; US Treasury's Office of Foreign Asset Control's Sanctions Program
08/15/16
Sample Review of Transactions
Trading
Monthly
CCO/DSP
FINRA Rule 3110(d)
08/15/16
Sample Review of New Rep files
Personnel
Monthly
CCO/DSP
08/15/16
Review of Customer Complaints
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3110(e) FINRA Rule 3110(5); FINRA Rule 4530(a)&(b)
08/15/16
Sample Review of Gifts & Gratuities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3220
08/15/16
Trading
Monthly
CCO/DSP
08/15/16
Sample Review of Selected Activity/Exception Reports Sample Review of Correspondence, Retail/Institutional Communications (written/electronic)
Communications
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3110(4); FINRA Rule 2210(b)(1)-(3)
08/15/16
Sample Review of Outside Brokerage Account Statements
Internal Controls
Monthly
CCO/DSP
NASD Rule 3050
08/15/16
Sample Review of Outside Business Activities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3270
08/15/16
Sample Review of Private Securities Transactions
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3280
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
Page 14 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Completed
N/A
Compliance Requirement
Category
Frequency
Assignment
08/15/16
Review of Social Media Use by Associated Persons
Communications
Monthly
CCO/DSP
08/15/16
Sample Review of Trade Activity against Restricted Securities/Watch List(s)
Internal Controls
Monthly
CCO/DSP
Rule/Reference FINRA Rule 3110(4); FINRA Rule 2210(b)(1); FINRA Regulatory Notice 12-29 Insider Trading and Securities Fraud Enforcement Act of 1988; FINRA Rule 5130; SEC Rule 10b5-1 & 2
08/15/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
Section 314(a) of the USA PATRIOT Act FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 SEA Rule 17a-5(a); FINRA Information Notice- 12/14/15
08/17/16
Short-Interest Reporting Deadline (Settlement Date of August 15, 2016)
Financial Reporting
Bi-Weekly
FINOP
08/23/16
Financial Reporting
Monthly
FINOP
08/26/16
Monthly and Fifth FOCUS II/IIA Filing (Period End July 31, 2016) Complete Monthly Financials and Net Capital Calculation (Period End July 31, 2016)
Financial Reporting
Monthly
FINOP
08/26/16
Supplemental Inventory Schedule (SIS) Filing (Quarter End July 31, 2016)
Financial Reporting
Monthly
FINOP
08/29/16
Annual Audit Report (for FYE June 30, 2016)
Financial Reporting
Annually
FINOP
08/31/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
09/02/16
Short-Interest Reporting Deadline (Settlement Date of August 31, 2016)
Financial Reporting
Bi-Weekly
FINOP
Section 314(a) of the USA PATRIOT Act FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101
09/02/16
Friday before Labor Day (3 p.m. early close)
Market Holiday
Annually
09/05/16
Labor Day
Market Holiday
Annually
09/09/16
Customer Margin Balance Form Filing (Period End August 31, 2016)
Financial Reporting
Monthly
FINOP
FINRA Rule 4210; FINRA Regulatory Notice 10-08
09/15/16
Month-end Compliance Review & Recap (Month-end August 31, 2016)
Supervision
Monthly
CCO/DSP
SEA Rule 15c3-1 FINRA Rule 4524; FINRA Regulatory Notice 14-43 SEA Rule 17a-5(d); FINRA Information Notice- 12/14/15
09/15/16
Sample Review of New Customer Accounts
Customer Accounts
Monthly
CCO/DSP
09/15/16
Review & Confirm OFAC Check/CIP Verification on New Client Accounts
AML
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3310; Section 326 of the USA Patriot Act; US Treasury's Office of Foreign Asset Control's Sanctions Program
09/15/16
Sample Review of Transactions
Trading
Monthly
CCO/DSP
FINRA Rule 3110(d)
09/15/16
Sample Review of New Rep files
Personnel
Monthly
CCO/DSP
09/15/16
Review of Customer Complaints
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3110(e) FINRA Rule 3110(5); FINRA Rule 4530(a)&(b)
09/15/16
Sample Review of Gifts & Gratuities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3220
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
Page 15 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Category
Frequency
Assignment
Rule/Reference
Trading
Monthly
CCO/DSP
09/15/16
Sample Review of Selected Activity/Exception Reports Sample Review of Correspondence, Retail/Institutional Communications (written/electronic)
Communications
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3110(4); FINRA Rule 2210(b)(1)-(3)
09/15/16
Sample Review of Outside Brokerage Account Statements
Internal Controls
Monthly
CCO/DSP
NASD Rule 3050
09/15/16
Sample Review of Outside Business Activities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3270
09/15/16
Sample Review of Private Securities Transactions
Internal Controls
Monthly
CCO/DSP
09/15/16
Review of Social Media Use by Associated Persons
Communications
Monthly
CCO/DSP
Sample Review of Trade Activity against Restricted Securities/Watch List(s)
FINRA Rule 3280 FINRA Rule 3110(4); FINRA Rule 2210(b)(1); FINRA Regulatory Notice 12-29 Insider Trading and Securities Fraud Enforcement Act of 1988; FINRA Rule 5130; SEC Rule 10b5-1 & 2
09/15/16
09/15/16
Completed
N/A
Compliance Requirement
Internal Controls
Monthly
CCO/DSP
09/15/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
09/19/16
Short-Interest Reporting Deadline (Settlement Date of September 15, 2016)
Financial Reporting
Bi-Weekly
FINOP
09/26/16
Financial Reporting
Monthly
FINOP
09/26/16
Monthly and Fifth FOCUS II/IIA Filing (Period End August 31, 2016) Complete Monthly Financials and Net Capital Calculation (Period End August 31, 2016)
Financial Reporting
Monthly
FINOP
09/29/16
Annual Audit Report (for FYE July 31, 2016)
Financial Reporting
Annually
FINOP
09/29/16
Supplemental Inventory Schedule (SIS) Filing (Quarter End August 31, 2016)
Financial Reporting
Monthly
FINOP
SEA Rule 15c3-1 SEA Rule 17a-5(d); FINRA Information Notice- 12/14/15 FINRA Rule 4524; FINRA Regulatory Notice 14-43
09/30/16
AML
Bi-Monthly
AMLCO
Section 314(a) of the USA PATRIOT Act
10/03/16
FinCEN 314(a) Notification Review & Download on SISS Review of all registered persons and branch offices for proper reporting through Web CRD® in preparation for 2017 Renewals
Renewals
Annually
FINOP/DSP
10/04/16
Short-Interest Reporting Deadline (Settlement Date of September 30, 2016)
Financial Reporting
Bi-Weekly
FINOP
FINRA Renewal Program Calendar FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101
10/07/16
Alternative Periodic Reporting for Transactions in Muni Fund Securities
Munis.
Quarterly
Muni Principal
10/10/16
Customer Margin Balance Form Filing (Period End September 30, 2016)
Financial Reporting
Monthly
FINOP
MSRB Rule G-15(a)(vii)(B) FINRA Rule 4210; FINRA Regulatory Notice 10-08
10/10/16
Columbus Day
Federal Holiday
Annually
10/15/16
Quarterly Reporting of Customer Complaints (Qtr. Ending September 30, 2015)
Regulatory Reporting
Quarterly
CCO
FINRA Rule 4530(d)
10/15/16
Month-end Compliance Review & Recap (Month-end September 30, 2016)
Supervision
Monthly
CCO/DSP
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar © 2016 Financial Registrations, Inc.
Section 314(a) of the USA PATRIOT Act FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 SEA Rule 17a-5(a); FINRA Information Notice- 12/14/15
Page 16 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Category
Frequency
Assignment
Rule/Reference
10/15/16
Completed
N/A
Compliance Requirement Sample Review of New Customer Accounts
Customer Accounts
Monthly
CCO/DSP
10/15/16
Review & Confirm OFAC Check/CIP Verification on New Client Accounts
AML
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3310; Section 326 of the USA Patriot Act; US Treasury's Office of Foreign Asset Control's Sanctions Program
10/15/16
Sample Review of Transactions
Trading
Monthly
CCO/DSP
FINRA Rule 3110(d)
10/15/16
Sample Review of New Rep files
Personnel
Monthly
CCO/DSP
10/15/16
Review of Customer Complaints
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3110(e) FINRA Rule 3110(5); FINRA Rule 4530(a)&(b)
10/15/16
Sample Review of Gifts & Gratuities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3220
10/15/16
Trading
Monthly
CCO/DSP
10/15/16
Sample Review of Selected Activity/Exception Reports Sample Review of Correspondence, Retail/Institutional Communications (written/electronic)
Communications
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3110(4); FINRA Rule 2210(b)(1)-(3)
10/15/16
Sample Review of Outside Brokerage Account Statements
Internal Controls
Monthly
CCO/DSP
NASD Rule 3050
10/15/16
Sample Review of Outside Business Activities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3270
10/15/16
Sample Review of Private Securities Transactions
Internal Controls
Monthly
CCO/DSP
10/15/16
Review of Social Media Use by Associated Persons
Communications
Monthly
CCO/DSP
10/15/16
Sample Review of Trade Activity against Restricted Securities/Watch List(s)
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3280 FINRA Rule 3110(4); FINRA Rule 2210(b)(1); FINRA Regulatory Notice 12-29 Insider Trading and Securities Fraud Enforcement Act of 1988; FINRA Rule 5130; SEC Rule 10b5-1 & 2
10/15/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
10/18/16
Short-Interest Reporting Deadline (Settlement Date of October 14, 2016)
Financial Reporting
Bi-Weekly
FINOP
10/25/16
Form Custody (Quarter End September 30, 2016)
Financial Reporting
Quarterly
FINOP
10/25/16
Quarterly FOCUS II/IIA Filings (Quarter End September 30, 2016) Complete Monthly Financials and Net Capital Calculation (Period End September 30, 2016)
Financial Reporting
Quarterly
FINOP
Section 314(a) of the USA PATRIOT Act FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 SEA Rule 17a-5(a)(5); FINRA Information Notice- 12/14/15 SEA Rule 17a-5(a); FINRA Information Notice- 12/14/15
Financial Reporting
Monthly
FINOP
SEA Rule 15c3-1
Supplemental Statement of Income (SSOI) (Quarter End September 30, 2016) Supplemental Inventory Schedule (SIS) Filing (Quarter End September 30, 2016)
Financial Reporting
Quarterly
FINOP
Financial Reporting
Monthly
FINOP
FINRA Rule 4524; FINRA Notice12-11 FINRA Rule 4524; FINRA Regulatory Notice 14-43
10/28/16 10/28/16 10/28/16
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
Page 17 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Completed
N/A
Compliance Requirement
Category
Frequency
Assignment
10/31/16
Annual Audit Report (for FYE August 31, 2016)
Financial Reporting
Annually
FINOP
Rule/Reference SEA Rule 17a-5(d); FINRA Information Notice- 12/14/15
10/31/16
MSRB Annual Registration Fee
Munis.
Annually
Muni Principal
MSRB Rule A-12(c)
10/31/16
Quarterly Disclosure of Order Routing
Trading
Quarterly
CCO/DSP
SEC Rule 606
10/31/16
MSRB Rule G-37 Reporting Requirement
Munis.
Quarterly
Muni Principal
MSRB Rule G-37(e)
10/31/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
Section 314(a) of the USA PATRIOT Act
Renewals
Annually
FINOP/DSP
Financial Reporting
Quarterly
FINOP
FINRA Renewal Program Calendar FINRA Rule 4524; FINRA Regulatory Notice 13-10
11/01/16
Firms may begin to submit post-dated Forms U5 and BR Closing/Withdrawal (must be dated 12/31/16) as part of 2017 Renewals Supplemental Schedule for Derivatives and Other Off-Balance Sheet Items (OBS) (Quarter Ending September 30, 2016)
11/01/16
Firms may begin to submit post-dated Forms BDW and ADV-W (must be dated 12/31/16) as part of 2017 Renewals
Renewals
Annually
FINOP/DSP
11/02/16
Short-Interest Reporting Deadline (Settlement Date of October 31, 2016)
Financial Reporting
Bi-Weekly
FINOP
11/08/16
Customer Margin Balance Form Filing (Period End October 31, 2016)
Financial Reporting
Monthly
FINOP
FINRA Renewal Program Calendar FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 FINRA Rule 4210; FINRA Regulatory Notice 10-08
11/11/16
Federal Holiday
Annually
11/14/16
Veterans Day Preliminary 2017 Renewal Statements and reports are available for viewing and printing
Renewals
Annually
FINOP/DSP
FINRA Renewal Program Calendar
11/15/16
Month-end Compliance Review & Recap (Month-end October 31, 2016)
Supervision
Monthly
CCO/DSP
11/01/16
11/15/16
Sample Review of New Customer Accounts
Customer Accounts
Monthly
CCO/DSP
11/15/16
Review & Confirm OFAC Check/CIP Verification on New Client Accounts
AML
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3310; Section 326 of the USA Patriot Act; US Treasury's Office of Foreign Asset Control's Sanctions Program
11/15/16
Sample Review of Transactions
Trading
Monthly
CCO/DSP
FINRA Rule 3110(d)
11/15/16
Sample Review of New Rep files
Personnel
Monthly
CCO/DSP
11/15/16
Review of Customer Complaints
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3110(e) FINRA Rule 3110(5); FINRA Rule 4530(a)&(b)
11/15/16
Sample Review of Gifts & Gratuities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3220
11/15/16
Sample Review of Selected Activity/Exception Reports
Trading
Monthly
CCO/DSP
FINRA Rule 3110(d)
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
Page 18 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date 11/15/16
Completed
N/A
Compliance Requirement Sample Review of Correspondence, Retail/Institutional Communications (written/electronic)
Category
Frequency
Assignment
Communications
Monthly
CCO/DSP
Rule/Reference FINRA Rule 3110(4); FINRA Rule 2210(b)(1)-(3)
11/15/16
Sample Review of Outside Brokerage Account Statements
Internal Controls
Monthly
CCO/DSP
NASD Rule 3050
11/15/16
Sample Review of Outside Business Activities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3270
11/15/16
Sample Review of Private Securities Transactions
Internal Controls
Monthly
CCO/DSP
11/15/16
Review of Social Media Use by Associated Persons
Communications
Monthly
CCO/DSP
11/15/16
Sample Review of Trade Activity against Restricted Securities/Watch List(s)
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3280 FINRA Rule 3110(4); FINRA Rule 2210(b)(1); FINRA Regulatory Notice 12-29 Insider Trading and Securities Fraud Enforcement Act of 1988; FINRA Rule 5130; SEC Rule 10b5-1 & 2
11/15/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
11/17/16
Short-Interest Reporting Deadline (Settlement Date of November 15, 2016)
Financial Reporting
Bi-Weekly
FINOP
11/23/16
Financial Reporting
Monthly
FINOP
11/23/16
Monthly and Fifth FOCUS II/IIA Filing (Period End October 31, 2016) Complete Monthly Financials and Net Capital Calculation (Period End October 31, 2016)
Section 314(a) of the USA PATRIOT Act FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 SEA Rule 17a-5(a); FINRA Information Notice- 12/14/15
Financial Reporting
Monthly
FINOP
SEA Rule 15c3-1
11/23/16
Day before Thanksgiving Day (3 p.m. early close)
Market Holiday
Annually
11/24/16
Thanksgiving Day
Market Holiday
Annually
11/25/16
Day after Thanksgiving Day (1 p.m. early close)
Market Holiday
Annually
11/29/16
Annual Audit Report (for FYE September 30, 2016)
Financial Reporting
Annually
FINOP
11/29/16
Supplemental Inventory Schedule (SIS) Filing (Quarter End October 31, 2016)
Financial Reporting
Monthly
FINOP
11/30/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
12/02/16
Short-Interest Reporting Deadline (Settlement Date of November 30, 2016)
Financial Reporting
Bi-Weekly
FINOP
12/08/16
Customer Margin Balance Form Filing (Period End November 30, 2016)
Financial Reporting
Monthly
FINOP
Section 314(a) of the USA PATRIOT Act FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 FINRA Rule 4210; FINRA Regulatory Notice 10-08
12/09/16
Automatic Transfers for 2017 Preliminary Renewal Statements
Renewals
Annually
FINOP/DSP
FINRA Renewal Program Calendar
12/15/16
Month-end Compliance Review & Recap (Month-end November 30, 2016)
Supervision
Monthly
CCO/DSP
Customer Accounts
Monthly
CCO/DSP
12/15/16
Sample Review of New Customer Accounts
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
SEA Rule 17a-5(d); FINRA Information Notice- 12/14/15 FINRA Rule 4524; FINRA Regulatory Notice 14-43
FINRA Rule 3110(d) Page 19 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Completed
N/A
Compliance Requirement
Category
Frequency
Assignment
12/15/16
Review & Confirm OFAC Check/CIP Verification on New Client Accounts
AML
Monthly
CCO/DSP
Rule/Reference FINRA Rule 3310; Section 326 of the USA Patriot Act; US Treasury's Office of Foreign Asset Control's Sanctions Program
12/15/16
Sample Review of Transactions
Trading
Monthly
CCO/DSP
FINRA Rule 3110(d)
12/15/16
Sample Review of New Rep files
Personnel
Monthly
CCO/DSP
12/15/16
Review of Customer Complaints
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3110(e) FINRA Rule 3110(5); FINRA Rule 4530(a)&(b)
12/15/16
Sample Review of Gifts & Gratuities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3220
12/15/16
Trading
Monthly
CCO/DSP
12/15/16
Sample Review of Selected Activity/Exception Reports Sample Review of Correspondence, Retail/Institutional Communications (written/electronic)
Communications
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3110(4); FINRA Rule 2210(b)(1)-(3)
12/15/16
Sample Review of Outside Brokerage Account Statements
Internal Controls
Monthly
CCO/DSP
NASD Rule 3050
12/15/16
Sample Review of Outside Business Activities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3270
12/15/16
Sample Review of Private Securities Transactions
Internal Controls
Monthly
CCO/DSP
12/15/16
Review of Social Media Use by Associated Persons
Communications
Monthly
CCO/DSP
12/15/16
Sample Review of Trade Activity against Restricted Securities/Watch List(s)
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3280 FINRA Rule 3110(4); FINRA Rule 2210(b)(1); FINRA Regulatory Notice 12-29 Insider Trading and Securities Fraud Enforcement Act of 1988; FINRA Rule 5130; SEC Rule 10b5-1 & 2
12/15/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
Section 314(a) of the USA PATRIOT Act
12/16/16
Deadline for receipt of 2017 Preliminary Renewal Statement payments
Renewals
Annually
FINOP/DSP
12/19/16
Short-Interest Reporting Deadline (Settlement Date of December 15, 2016)
Financial Reporting
Bi-Weekly
FINOP
12/23/16
Monthly and Fifth FOCUS II/IIA Filing (Period End November 30, 2016) Complete Monthly Financials and Net Capital Calculation (Period End November 30, 2016)
Financial Reporting
Monthly
FINOP
FINRA Renewal Program Calendar FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101 SEA Rule 17a-5(a); FINRA Information Notice- 12/14/15
Financial Reporting
Monthly
FINOP
SEA Rule 15c3-1
Christmas Day Last Day to submit 2017 Preliminary Renewal Filing and Payment prior to yearend Web CRD/IARD are unavailable due to Final Renewal Statement and renewals processing
Market Holiday
Annually
Renewals
Annually
FINOP/DSP
FINRA Renewal Program Calendar
Renewals
Annually
FINOP/DSP
FINRA Renewal Program Calendar
12/23/16 12/26/16 12/26/16 12/28/16
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
Page 20 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Compliance Requirement
Category
Frequency
Assignment
12/29/16
Supplemental Inventory Schedule (SIS) Filing (Quarter End November 30, 2016)
Financial Reporting
Monthly
FINOP
12/30/16
Financial Reporting
Annually
FINOP
12/30/16
Annual Audit Report (for FYE October 31, 2016) Web CRD/IARD are available for QUERY-only and the creation of "Pending" 2017 Renewal filings
Rule/Reference FINRA Rule 4524; FINRA Regulatory Notice 14-43 SEA Rule 17a-5(d); FINRA Information Notice- 12/14/15
Renewals
Annually
FINOP/DSP
FINRA Renewal Program Calendar
12/31/16
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
12/31/16
Annual Disclosures to Clients (Privacy Policy; BCP; AML, SIPC, BrokerCheck; Order Routing; Payment for Order Flow; Margin, etc.)
Communications
Annually
CCO
Section 314(a) of the USA PATRIOT Act Regulation S-P (Privacy Policy); FINRA Rule 4370(e) (BCP); FINRA Rule 3310 (AML); FINRA Rule 2266 (SIPC); FINRA Rule 2267 (BrokerCheck); SEC Rule 606(b)(2) (Order Routing); SEC Rule 607 (Payment for Order Flow); FINRA Rule 2264 (Margin), etc.
12/31/16
Year-end Compliance Review & Recap (2016)
Supervision
Annually
CCO/DSP
Supervision
Annually
CCO/DSP
FINRA Rule 3110
Internal Controls
Annually
CCO/DSP
FINRA Rule 3120 & 3130
Education & Training
Annually
CCO/DSP
FINRA Rule 1250
Internal Controls
Annually
CCO/DSP
FINRA Rule 4370
12/31/16
Year-End Compliance Review Checklist Year-End Review/Update of Written Supervisory Procedures- Approval by CCO Year-End Review/Update of Continuing Education Program (CEP)Approval by CCO Year-End Review/Update of Business Continuity Plan (BCP)- Approval by CCO Year-End Review/Update of Supervisory Control System (WSCS)Review and Approval by CCO
Internal Controls
Annually
CCO/DSP
FINRA Rule 3120 & 3130
12/31/16
Year-End Review/Update of AML Program- Approval by AMLCO
AML
Annually
AMLCO
12/31/16
Year-End Review/Update of Cybersecurity Procedures- Approval by CCO
Cybersecurity
Annually
CCO/CIO
FINRA Rule 3310 FINRA Report on Cybersecurity PracticesFeb. 2015; SEC OCIE’s 2015 Cybersecurity Examination Initiative- Sept. 15, 2015
12/31/16
Year-End Review/Update of Privacy Policy- Approval by CCO
Internal Controls
Annually
CCO/DSP
12/31/16
Due Diligence
Annually
CCO/DSP
Personnel
Annually
CCO/DSP
FINRA Rule 3110(a)(4)&(5)
12/31/16
Year-End Review of Third-Party Service Providers (Contracts/Services) Year-End Review of Registered/Associated Persons List (Including Recently Hired/Terminated Rep Lists) Annual Review of FINRA Membership Agreement and Form BD for material changes/updates
SEC Regulation S-P FINRA Regulatory Notice 11-14; Proposed FINRA Rule 3190
Regulatory Reporting
Annually
CCO/DSP
FINRA Rule 1017
12/31/16
Year-End Review and Update of Form BR Filings (Branch Offices)
Branch Supervision
Annually
CCO/DSP
FINRA Regulatory Notice 14-11
12/31/16 12/31/16 12/31/16 12/31/16
12/31/16
Completed
N/A
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar © 2016 Financial Registrations, Inc.
Page 21 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Completed
N/A
Category
Frequency
Assignment
Rule/Reference
12/31/16
Compliance Requirement Year-End Review and Update of Expense Sharing Agreement (if applicable)
Financial Reporting
Annually
FINOP
01/04/17
Short-Interest Reporting Deadline (Settlement Date of December 30, 2016)
Financial Reporting
Bi-Weekly
FINOP
FINRA Notice to Members 03-63 FINRA Rule 4560; FINRA Rule 3360; NTM99-70; NTM 99-101
01/06/17
Alternative Periodic Reporting for Transactions in Muni Fund Securities
Munis.
Quarterly
Muni Principal
01/10/17
Customer Margin Balance Form Filing (Period End December 31, 2016)
Financial Reporting
Monthly
FINOP
MSRB Rule G-15(a)(vii)(B) FINRA Rule 4210; FINRA Regulatory Notice 10-08
01/15/17
FinCEN 314(a) Notification Review & Download on SISS
AML
Bi-Monthly
AMLCO
Section 314(a) of the USA PATRIOT Act
01/15/17
Quarterly Reporting of Customer Complaints (Qtr. Ending December 31, 2016)
Regulatory Reporting
Quarterly
CCO
FINRA Rule 4530(d)
01/15/17
Month-end Compliance Review & Recap (Month-end December 31, 2016)
Supervision
Monthly
CCO/DSP
01/15/17
Sample Review of New Customer Accounts
Customer Accounts
Monthly
CCO/DSP
01/15/17
Review & Confirm OFAC Check/CIP Verification on New Client Accounts
AML
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3310; Section 326 of the USA Patriot Act; US Treasury's Office of Foreign Asset Control's Sanctions Program
01/15/17
Sample Review of Transactions
Trading
Monthly
CCO/DSP
FINRA Rule 3110(d)
01/15/17
Sample Review of New Rep files
Personnel
Monthly
CCO/DSP
01/15/17
Review of Customer Complaints
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3110(e) FINRA Rule 3110(5); FINRA Rule 4530(a)&(b)
01/15/17
Sample Review of Gifts & Gratuities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3220
01/15/17
Trading
Monthly
CCO/DSP
01/15/17
Sample Review of Selected Activity/Exception Reports Sample Review of Correspondence, Retail/Institutional Communications (written/electronic)
Communications
Monthly
CCO/DSP
FINRA Rule 3110(d) FINRA Rule 3110(4); FINRA Rule 2210(b)(1)-(3)
01/15/17
Sample Review of Outside Brokerage Account Statements
Internal Controls
Monthly
CCO/DSP
NASD Rule 3050
01/15/17
Sample Review of Outside Business Activities
Internal Controls
Monthly
CCO/DSP
FINRA Rule 3270
01/15/17
Sample Review of Private Securities Transactions
Internal Controls
Monthly
CCO/DSP
01/15/17
Review of Social Media Use by Associated Persons
Communications
Monthly
CCO/DSP
01/15/17
Sample Review of Trade Activity against Restricted Securities/Watch List(s)
Internal Controls
Monthly
CCO/DSP
Financial Reporting
Annually
FINOP
FINRA Rule 3280 FINRA Rule 3110(4); FINRA Rule 2210(b)(1); FINRA Regulatory Notice 12-29 Insider Trading and Securities Fraud Enforcement Act of 1988; FINRA Rule 5130; SEC Rule 10b5-1 & 2 SEA Rule 17a-5; FINRA Information Notice12/14/15
01/26/17
Annual Schedule I Filing (for FYE December 31, 2016)
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
Page 22 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar Due Date
Compliance Requirement
Category
Frequency
Assignment
01/26/17
Quarterly FOCUS II/IIA Filing (Quarter End December 31, 2016)
Financial Reporting
Quarterly
FINOP
01/26/17
Financial Reporting
Quarterly
FINOP
01/26/17
Form Custody (Quarter End December 31, 2016) Complete Monthly Financials and Net Capital Calculation (Period End December 31, 2016)
Financial Reporting
Monthly
FINOP
01/29/17
Annual Audit Report (for FYE November 30, 2016)
Financial Reporting
Annually
FINOP
SEA Rule 15c3-1 SEA Rule 17a-5(d); FINRA Information Notice- 12/14/15
01/31/17
Quarterly Disclosure of Order Routing
Trading
Quarterly
CCO/DSP
SEC Rule 606
01/31/17
MSRB Rule G-37 Reporting Requirement
Munis.
Quarterly
Muni Principal
MSRB Rule G-37(e)
01/31/17
Supplemental Statement of Income (SSOI) (Quarter End December 31, 2016)
Financial Reporting
Quarterly
FINOP
01/31/17
Financial Reporting
Monthly
FINOP
Financial Reporting
Quarterly
FINOP
03/01/17
Supplemental Inventory Schedule (SIS) Filing (Quarter End December 31, 2016) Supplemental Schedule for Derivatives and Other Off-Balance Sheet Items (OBS) (Quarter Ending December 31, 2016) SIPC-7 General Assessment Reconciliation Filing and Payment (for firms with December FYE)
Financial Reporting
Bi-Annually
FINOP
03/01/17
Annual Audit Report (for FYE December 31, 2016)
Financial Reporting
Annually
FINOP
FINRA Rule 4524; FINRA Notice12-11 FINRA Rule 4524; FINRA Regulatory Notice 14-43 FINRA Rule 4524; FINRA Regulatory Notice 13-10 Article 6 of Bylaws of the Securities Investor Protection Corporation SEA Rule 17a-5(d); FINRA Information Notice- 12/14/15
02/02/17
Completed
N/A
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
Rule/Reference SEA Rule 17a-5(a); FINRA Information Notice- 12/14/15 SEA Rule 17a-5(a)(5); FINRA Information Notice- 12/14/15
Page 23 of 24 BDCC Ver. 02292016
2016 Broker/Dealer Compliance Calendar About Us Financial Registrations, Inc. is a compliance management consulting firm providing registration, enterprise compliance and risk management solutions to the financial services industry. We specialize in providing customized compliance solutions to FINRA member broker/dealers and SEC and State registered investment advisers.
For more information on this topic or other compliance related matters, please contact: Scott P. Tarra Managing Principal starra@financialreg.com
Brian K. Miller VP Business Development bmiller@financialreg.com
With former securities regulators and industry professionals on staff, we offer a full array of talent and experience necessary for handling the most recent and complex compliance issues facing the financial services industry.
Financial Registrations, Inc. 25602 Alicia Parkway #107 Laguna Hills, CA 92653 www.financialregistrations.com
Toll-free (800) 641-1818 Direct (949) 770-6154 Fax (949) 770-6198
Recent Publications 2016 State Requirements for Broker/Dealer Annual Audited Financial Statements
2016 Client Advisory Series No. 14- Broker/Dealer Compliance Calendar Š 2016 Financial Registrations, Inc.
Investment Adviser State De Minimis Exemptions
Common Types of Exam Deficiencies for Investment Advisers
Page 24 of 24 BDCC Ver. 02292016