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