Brokerage and Trading

Broker-dealers face increased scrutiny and ever-changing rules and regulations. To help address the complex issues facing these highly regulated businesses, we bring together our industry professionals and extensive experience to provide advice and guidance to broker-dealers across the nation. We provide audit, tax and consulting services to clearing firms, proprietary trading firms, investment banking firms, and introducing firms.

Recommended Insights


Net capital treatment: Deferred taxes for aspect of ASC 606 adoption

The SEC has addressed the net capital treatment of deferred taxes related to certain capitalized costs under ASC 606 and ASC 340.

  • January 16, 2018


9th annual RSM Investment Industry Summit presentations

Analysis and insights from RSM financial services specialists on accounting standards, tax strategies, cybersecurity and other issues.

  • December 15, 2017


Accounting update: A new home for operating leases

The Financial Accounting Standards Board (FASB) will begin requiring operating leases to be recorded on the balance sheet in 2019.

  • November 20, 2017


FINRA and SIPC streamline broker-dealer reporting process

Broker dealers now need to only file their annual reports for SIPC and FINRA once using FINRA’s existing reporting portal.

  • August 08, 2017


Liquidity and funding risk

A summary of regulatory guidance from FINRA and the SEC and the importance of continually focusing on liquidity risk management procedures.

  • John Hague
  • |
  • April 19, 2017


Simplified electronic filing process for broker-dealer annual reports

The SEC’s Electronic Data Gathering, Analysis and Retrieval (EDGAR) system has been updated to simplify the electronic filing process.

  • January 31, 2017


Treatment of operating leases under Rule 15c3-1

Leases will require a lessee to recognize on its balance sheet assets and liabilities for all leases other than short-term leases.

  • November 14, 2016


Promptly transmitting customer funds

A recent SEC staff no-action letter addresses prompt transmission of customer’s funds to the carrying broker-dealer.

  • September 06, 2016


Investment Industry Insights
This bi-monthly newsletter focuses on accounting, tax and regulatory news for the asset management industry.

Financial Institution Insights
delivers news and information critical to community banking professionals. The bi-monthly newsletter tackles issues ranging from IT security to regulatory compliance to operational improvement.

AML & Regulatory Compliance News
Compliance news for the banking and investment industry. Gain insights about the latest compliance news and how it will affect your business.

How can we help you??

To discuss how our team can help your business, contact us by phone 800.274.3978 or

Events / Webcasts


Paul Nockels
Brokerage and Trading Practice Leader