Comprehensive Compliance Law P.C.
Compliance Solutions for Registered Investment Advisors
Setting Higher Standards
Our firm requires all client-facing consultants to be practicing attorneys. We are the only compliance firm we are aware of that sets standards this high. We provide you with peace of mind to focus on building your business, while our attorneys diligently execute all your compliance responsibilities.
About
The Managing Partner of Comprehensive Compliance Solutions has provided Registered Investment Advisors with compliance services for over 25 years. The firm has an exemplary record of success in providing superior compliance services. Our clients trust that we go above and beyond in providing their compliance services, allowing them to focus on their strengths. As a result, they go to sleep at night confident we will protect them from avoidable regulatory disruption.
Consulting Services
Compliance Consulting with Purpose
We go to bat for your firm, optimizing and improving every facet of your firm’s compliance program, down to the last detail. Our extensive experience combined with our strong work ethic and attention to detail produces superior outcomes.
We guide you through designing, implementing, reviewing and updating your firm’s compliance protocols on an ongoing basis.
We conduct Monthly compliance calls
We provide ongoing compliance testing.
We file all required regulatory filings and provide documentation in the form of compliance memorandum to include in the compliance folder.
When the SEC examiners eventually arrive, our goal is to have equipped you with the documents, tools and professional guidance for your exam to run smoothly. We are with you to manage every aspect of the exam process.
Our services are customized to meet the specific needs of each client. We work collaboratively throughout the entire process and guarantee measurable results. Contact us to find out how we can help today.
Annual Reviews
Annual compliance reviews are performed, as required by Rule 206(4)-7 of the Advisers Act, to assess the adequacy and effective implementation of the written policies and procedures designed to prevent violations of the Advisors Act, applicable securities laws and regulations by firm and its personnel.
A large array of the required books, records and other documents are gathered and analyzed to determine any omissions, weakness, deficiencies or violations.
Changes to the business are also reviewed to ensure adequate coverage from the existing policies and procedures.
Updates and changes to existing legal and regulatory requirements are reviewed and compared to the firm’s existing policies and procedures.
Each component of the entire compliance program is reviewed individually, and appropriate update recommendations are made.
An extensive annual review memorandum is then drafted and any recommended changes are added to our action list. The policies and procedures are then updated accordingly.
Compliance Policies and Procedures, Manuals and Code of Ethics
It’s a daunting task trying to remain compliant with a myriad SEC rules and regulations. We design a program to tackle compliance that is both manageable and practical. We keep the compliance burden reasonable by not creating unnecessary policies or procedures and by carefully tailoring the compliance program to your individual firm.
As the architect of your compliance program, we create, develop, review, and draft your compliance policies and procedures including your compliance manual and code of ethics.
We review and update your compliance manual on an annual basis or as required to reflect changes in your firm’s business or the regulatory environment.
Compliance Risk Analysis
We determine the compliance risks relevant to your firm.
We use this analysis to build a risk inventory system that includes specific areas tailored to your firm’s unique lines of business.
After this risk assessment matrix is created, we update it annually and use it as a basis to evaluate and further develop your overall compliance program.
Compliance Calendar
We draft a Compliance Calendar specific to your firm, which outlines all required compliance tasks. It is updated annually or more frequently if necessary.
We execute the tasks created on the calendar so you and your team are free to focus on building your business.
Electronic Communication Reviews
Email, social media and text communications are reviewed as required utilizing key words customized for each client.
These key words relate to the client’s current business offering, issues uncovered during compliance and other reviews, and SEC hot button topics.
Additional search words harvested from other sources are also used when appropriate.
We then turn our attention to random emails samples and review them more thoroughly to identify activity that does not conform with compliance policies and procedures, or federal securities laws.
This process also helps us identify any changes in operations, activities, or practices that require updates to your compliance policies or amendments to SEC Form ADV.
Reviews are conducted either monthly or quarterly and these are formally recorded in a memorandum which includes the review statistics, sample email findings, our observations and our recommendations.
Compliance Testing
We perform a wide variety of compliance testing on a monthly or quarterly basis to assess the effectiveness of your compliance program and avoid violations of the Adviser Act, securities laws and regulations. Assessment areas include:
Marketing and Advertising Reviews
Investment Mandate Compliance testing
Political Contributions Testing
Outside Business Activity Oversight
Trade Blotter Surveillance Reviews
Third Party Service Providers
Code of Ethics Policy Reviews
Employee Trading Reviews
Best Executions Reviews
Business Continuity Plans
Cybersecurity Testing
Financial Condition Reviews
Contracts
SEC Mock Exams
SEC Mock Exams
We conduct mock SEC exams to assess your firm’s readiness for SEC examinations. We provide document request lists, review documents, conduct interviews and determine areas for improvement.
Compliance Training
We provide a full range of firm wide and CCO compliance training.
While conducting compliance training, we also prepare and distribute compliance training materials, including presentations.
Part of this process includes a review your firm’s legacy training materials.
Training materials can either be distributed, or training sessions can be conducted on-site or remotely.
Regulatory Filings
We prepare and file all required regulatory filings and/or assist with filings. Filings include filings (preparation of ADV 1A, 2A, 2B and 3, Form CRS), Form PF Filings, Form D, Form 13 Filings, etc.
Contracts and Agreements
We will draft and review your existing agreements with vendors, clients, brokerage firms and other parties. Furthermore, we will negotiate with counterparties to receive improved terms.
Contact Us
Comprensive Compliance Law P.C.
43 West 43rd Street, Suite 22
New York, NY 10036-7484
(646) 655-8604
Testimonials from Our Clients*
"We have worked with Comprehensive Compliance Law for 7 years and since then we have seen our Compliance Program become 100% better and more comprehensive...."
~CCO
SEC Registered Investment Advisor Client
“Working with Comprehensive Compliance Law has given us great peace of mind. I have found the managing partner to be professional, extremely knowledgeable, highly intelligent and a pleasure to work with. He is meticulous in his approach to the complex and ever-changing world of compliance meaning that he is always up to date on all the new rules and regulations.”
~President of SEC Registered Investment Advisor Client
“I can say without a doubt, working with the Comprehensive Compliance Law has resulted in my firm having a much more robust compliance program. I feel much more comfortable knowing that I have a highly experienced firm in my corner."
~CFO and CCO of SEC Registered Investment Advisor Client
"We would highly recommend the Managing Partner to anyone. He is very knowledgeable and professional. He is organized and always responsive to requests. "