After more than 40 years of leadership by the Gettenberg family, ACI is happy to announce that Ilina Stamova, Christopher Meyers and Elizabeth Attanasio, current members of our senior financial reporting and FinOp team, have been promoted as partners at ACI. At ACI, our roots as a family-owned organization have always run deep. This transition […]
The Securities and Exchange Commission (SEC) plays a critical role in regulating and monitoring the activities of market participants, such as dealers and government securities dealers, in order to maintain the integrity and stability of the securities markets. Recently, the SEC has proposed Rules 3a5-4 and 3a44-2 aimed at further clarifying the definitions of “dealers” […]
Is a designated in-house FinOp or a FinOp consultant better for your team? Most industry experts are aware of FINRA’s requirements for every broker dealer to register a licensed Financial and Operations Principal (FinOP). The FinOp qualification is obtained by passing one of two examinations, the Series 27 or the Series 28. Both industry exams […]
What is a Financial & Operations Principal (FinOp)? The Financial and Operational Principal (FinOp) is a role required by FINRA Rule 1200 Series (previously by NASD Rule 1022). The FinOp obtains qualification by passing the Series 27 or Series 28 examination. Upon registration, the FinOp becomes personally liable for the maintenance of the broker dealer’s […]