NRS ComplianceEssentials™ Written Supervisory Policies and Procedures                  

By regulatory mandate, all broker/dealers must maintain current Written Supervisory Policies & Procedures ("WSPs"), which address every aspect of their business and which cover all required areas of compliance, from Money Laundering and Insider Trading to routine internal reviews and the use of "exception" reports.

Firms applying for FINRA membership must present their WSPs for review prior to approval, and must indicate on FINRA WSP Checklist that all required material has been covered.

The last thing you need when faced with a FINRA Examination is to worry if your Written Supervisory Policies & Procedures manual is up to par.

With this NRS online tool, you benefit from such features as:

• A questionnaire designed to utilize answers in the preparation of your customized manual.
• Sample Firm Policies, written by NRS and are created based on the answers in the completed profile. In addition, the firm can add more specific information whenever necessary using the Administration tools.
• Sample procedures for a firm to edit to include their own requirements.
• Regulatory references for more specific regulatory information.
• The ability to add an unlimited number of users to the online manual and to track usage by users.
• Creating and accessing Archived Manuals.

In addition, NRS provides an efficient and accurate way to email Compliance Alerts to employees of policy or procedure changes.

Unlike other manuals, NRS will provide updates whenever necessary. These updates will be provided within the manual, highlighted so that you can easily access the changes, however, the firm-specific content will never be overwritten. The NRS ‘smart updating’ technology alerts the firm to a changed section and allows the user to decide which version to use or the firm can edit the section incorporating any new material.

Call 860-435-0200 for more information.