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Many are intimidated by and often misunderstand the scope of the Uniform Net Capital rule. Attend this learning program and hear a concise and easy to understand explanation of this complex rule. You will receive a solid understanding of the requirements of 15c3-1 and its impact on broker/dealers. Topics include selected sections of this SEC act, capital requirements, accounting and record-keeping requirements. During the session we will match the information required to the trading and operations infrastructure sources.
| Topics include: |
• Effect of underwriting securities on the firm's capital
• FOCUS reporting
• How and why the SEC implemented the rule |
• Net capital definitions, requirements and violations
• Self-regulatory organizations rules & requirements
• Role of the financial principal |
| Benefits of attendance: |
• Appreciate impact of rule on broker / dealers
• Be able to apply the Uniform Net Capital rule
• Become familiar with related terms and language |
• Delve into importance of regulatory compliance
• Recognize critical activities
• Understand the appropriate computations |
| Intended audience: |
• Financial Reporting
• Information Technology
• Internal Audit |
• Operations
• Regulatory Reporting
• Risk Management |
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