Author Archives

WithumSmith+Brown, PC

WithumSmith+Brown, PC is a full service, regional certified public accounting and consulting firm with over 700 employees.

FINRA Disciplinary Review

By Joseph Fede, CPA, GMA, Supervisor – WithumSmith+Brown, PC Over the past several years, the Financial Industry Regulatory Authority (“FINRA”), the self-regulatory organization responsible for regulating every brokerage firm doing business in the US, brought between 1,300 and 1,600 disciplinary actions each year.  In 2015, it ordered $95 million in […]

Cybersecurity

By Joseph Cassano, CPA – Senior Manager – WithumSmith+Brown, PC Cybersecurity has become the latest buzz word and focus of the United States Securities and Exchange Commissions (“SEC”).  The SEC realizes that registered investment advisers (“RIA’s”) are using technology more and more in everyday business, and the need to protect […]

Types of Broker-Dealers

By Malia Mon, CPA – Staff Accountant – WithumSmith+Brown, PC A broker-dealer is a company that engages in the business of trading securities for its own account or on behalf of its customers. Seems simple doesn’t it? A broker-dealer appears to be a straightforward concept; however, there are many different […]