Cordium announces expansion of US broker-dealer services

May 24, 2017

Topics: Compliance |

NEW YORK, May 24, 2017

Cordium, a market-leading provider of governance, risk and compliance services, today announced an expansion of its compliance services for US and foreign broker-dealers and investment advisers with the launch of a new regulatory hosting solution in the United States. This platform complements the firm’s existing offerings of guiding firms through U.S. Securities and Exchange Commission (‘SEC”) registration and Financial Industry Regulatory Authority, Inc. (“FINRA”) membership and providing ongoing compliance services.

This expansion will allow Cordium to support financial services clients who need to start marketing without the need for SEC registration or FINRA membership, especially where this activity does not justify the cost and effort involved in registration and membership, thereby reducing the operational and regulatory risk.

Bill Mulligan, Group President, Cordium, said: “U.S. regulators have signalled a greater focus on the distribution activities of registered investment advisers. For clients seeking to manage the regulatory and compliance requirements of distribution in a robust way, Cordium can now offer a reliable high quality solution.”

The hosted regulatory platform will also allow Cordium clients to take advantage of “chaperone” services for foreign broker-dealers in accordance with SEC Rule 15a-6, assisting non-U.S. broker-dealers in gaining access to major U.S. Institutional Investors.

About Cordium

Cordium is a market-leading provider of governance, risk and compliance services to the asset management and securities industry. Cordium has offices in London, New York, Boston, San Francisco, Malta and Hong Kong. The firm employs more than 200 experienced professionals who support over 1,500 clients in the financial services industry. For more information, visit www.cordium.com.

Disclosure

Securities are offered through Mirabella US, LLC, a Member FINRA/SIPC. Mirabella works with companies that issue securities, such as private fund advisers, and mergers and acquisition providers, delivering compliance and regulatory oversight to their sales personnel.

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About Cordium
Cordium is a market-leading provider of governance, risk and compliance services to the asset management and securities industry. Cordium has offices in London, New York, Boston, San Francisco, Malta and Hong Kong. The firm employs more than 200 experienced professionals who support over 1,500 clients in the financial services industry. For more information, visit www.cordium.com.

 

For media enquiries, please contact:
Aspectus
Louise Veitch, +44 20 7092 8134
louise.veitch@aspectuspr.com
For all other inquiries, please contact: marketing@cordium.com

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