Changing state-by-state regulations multiplied by dozens or hundreds of funds and thousands of transactions makes managing the exponential moving parts of Blue Sky permitting time-consuming and expensive. In fact, Blue Sky administration demands its very own expertise.
NRS provides a unique and powerful combination of robust software and domain expertise to ensure your funds are in compliance and exempted transactions are acknowledged, minimizing reputation risk and maximizing fund resources.
Backed by the NRS Blue Sky Solution™, NRS Blue Sky professionals work with a firm’s compliance department to facilitate the daily operations and meet Blue Sky compliance responsibilities, ensuring that firms meet every filing deadline and maintain current state authorizations, reducing potential liabilities and allowing firms to more effectively manage offering amounts and filing fees.
NRS Blue Sky professionals provide end-to-end Blue Sky services making it easy to carve out Blue Sky functions so your management can focus on core functions. Count on our Blue Sky professionals backed by our Blue Sky Solution software to:
- Establish Relationships and complete daily sales feed transmissions with a firm’s transfer agent and omnibus data providers
- Audit and Correct – Audit all Blue Sky data and files and assist with corrective filings
- Monitor and Highlight – Monitor daily sales activity and highlight large sales transactions to assist in the exemption process,
- Prepare and File – Prepare review, sign and file all notice filings for investment companies
- Provide Full Accounting and expense reporting of blue sky fees
- Deliver Real-time Access to state filing and sales information via a suite of web-based reports