We solve the inability for compliance agencies (SEC, FINRA, StockWatch, Fed Reserve) to efficiently and precisely audit:
…brokerage firms, securities companies, mutual funds, and hedge funds…
with less invasiveness.
FINRA and SEc Compliance
We can increase FINRA and SEC Compliance and in the financial services and securities industries that allow them to archive and document their trade histories and strategies for large block trades – especially shorting strategies.
FINRA Market Transparency Reporting Program
Starting in 2020, FINRA will begin a multi-year initiative dedicated to improving trade reporting and reference data management capabilities for our member firms.
Compliance Use Case Scenario
XYZ Capital LLC Trade 022320184571
2018 Google Short
An example would be a 2018 Google short that went against the market and netted a hedge fund, XYZ Capital, 47 million for the day. That portfolio manager and compliance officer would need to produce research, analysis, risk assessment, trade sign-off, and projections.
If you are XYZ Capital, the government will contact you, and they will do an audit of that trade.
They will want to see your analysis.
They will want to see your trading history.
They will want to know what created that trade.
They will want to know on what information you acted.
They will want to know if your firm analyzed publicly available data and if you have a history of accessing that data.
If XYZ Capital uses a CHIF within a secure reporting interface within a Bloomberg Device or other analysis and securities trading environment like E-Trade based on API’s accessed by the SEC and FINRA, Compliance enforcement can be started on a per-trade basis – and be roped into the BAU of a securities firm.