FLC Customized Policies and Procedures

When was the last time your procedures were updated?

Written policies and procedures are the core of a firm’s compliance program. A firm with weak procedures or lack of documentation is certain to receive a “letter of caution” at best and at worst, may be subject to enforcement action and monetary fines.

FLC conducts compliance reviews of firm written policies and procedures, including, but not limited to WSP’s, Codes of Ethics, ADV Part II for advisers, and Compliance Manuals to ensure that the documents:

• Adequately reflect the firm’s business goals
• Are consistent with the firm's actual practices
• Comply with applicable rules and regulations
• Cover all relevant products and services offered by the firm
• Contain the who, what, when, and how that regulators look for

FLC edits and revises firm procedures and is available for periodic updating as directed.

In addition, we are experts at drafting new customized policies and procedures for start-up firms, newly registered entities, and for those firms entering new business areas.

One of FLC’s major strengths is the writing skills of its staff. We look forward to providing your firm with concise, yet comprehensive procedures written in plain English and not “boiler-plate.”