Financial Infrastructure Services

We guide clients through every stage of broker-dealer formation — from entity structuring and business plan development to FINRA membership applications, SEC registration, and operational readiness. Our team has navigated this process dozens of times and knows exactly what regulators expect.

• Entity structuring and capitalization planning
• FINRA New Member Application (NMA)
• SEC registration (BD, IA)
• Written Supervisory Procedures (WSPs)
• Operational readiness and pre-exam preparation

Comprehensive Continuing Membership Application support for broker-dealers seeking to expand their business activities, add new product lines, or make material changes to their operations. We manage the full CMA process from initial assessment through FINRA approval.

• Material change assessment and strategy
• CMA documentation and filing
• Business plan and financial projections
• Regulatory correspondence management
• Post-approval implementation support

Design, build, and launch Alternative Trading Systems with full regulatory compliance. From Form ATS filings to market microstructure design, we architect trading platforms that meet SEC requirements and operate at institutional scale.

• Form ATS preparation and filing
• Market microstructure design
• Order management system architecture
• Matching engine and execution infrastructure
• Surveillance and reporting systems

Build the operational backbone of a regulated broker-dealer — supervisory systems, risk controls, compliance workflows, and the technology infrastructure that keeps firms in good standing with regulators while scaling efficiently.

• Supervisory control systems design
• Risk management framework build-out
• Compliance workflow automation
• Books and records infrastructure
• Operational due diligence support

Prepare your firm for regulatory examinations, respond to inquiries, and build the compliance culture that regulators expect. We conduct mock exams, gap analyses, and remediation programs that keep firms ahead of regulatory scrutiny.

• Mock FINRA and SEC examinations
• Compliance gap analysis and remediation
• Regulatory inquiry response support
• Annual compliance review programs
• Supervisory procedure updates and testing

Navigate the convergence of traditional securities law and blockchain technology. We help firms tokenize assets, build digital securities infrastructure, and develop the regulatory frameworks needed to operate in the emerging digital asset ecosystem.

• Digital asset regulatory strategy
• Security token offering (STO) structuring
• Blockchain infrastructure architecture
• Smart contract compliance review
• Tokenization of traditional securities

After launch, the work continues. We partner with firms to optimize operations, expand product capabilities, manage regulatory relationships, and scale infrastructure to meet growing business demands — all while maintaining compliance.

• Operational efficiency assessment
• Product expansion and CMA support
• Technology scaling and modernization
• Regulatory relationship management
• Strategic growth advisory