The global reach of US regulators has to be understood and accepted in today’s investment management industry. Being prepared is critical to successfully dealing with the eventual inquiry from the SEC, NFA and/or FINRA. How you prepare ahead of an inquiry can be as significant as how you respond to an actual exam. Constellation’s Mock Exam Team will use up-to-date exam questions and techniques to prepare you for when a regulator does come to visit.
At Constellation, we assist investment advisers and broker dealers prepare for regulatory compliance exams through an extensive review by our Mock Exam Team.
We provide your senior-level personnel and staff with the most up-to-date information and requirements from current exams being conducted by the SEC, NFA and FINRA.
Understanding the consequences of a negative regulatory audit, our Mock Exam Team prepares a rigorous but relevant exam protocol tailored for your specific firm, and the issues each regulator is likely to pursue. Subsequent to our mock exam, we provide a detailed gap analysis and recommendations for mitigating deficiencies. Moreover, we can reassess any areas of weakness once you have implemented the appropriate corrective measures.
Our team brings experience from several different environments including CCOs of hedge funds, and governmental and regulatory agencies. We effectively and efficiently examine your operations, policies and procedures, and investor communications to understand where you are vulnerable to exam reviews and work to tailor mitigation protocols to help you ensure a successful SEC exam when that inevitable call comes from the regulator.