|Trade Pre-Clearance Process
THE Trade Pre-Clearance Process feature helps a firm’s compliance team to configure rules to its specific requirements, including auto-approve, auto-reject or escalate trade pre-clearance requests submitted by its employees.
Escalated pre-clearance requests can be easily routed to the appropriate compliance team member for review. Employees can:
• Submit trade pre-clearance requests using the simple and easy to complete trade pre-clearance forms online.
• Run the trade pre-clearance requests against the firm's trade pre-clearance rules. Employee trades will be auto approved, auto rejected or escalated depending on the client-side rule configuration.
• Escalated trade pre-clearance requests are routed to the appropriate groups for review.
• Trade pre-clearance requests are aggregated into a compliance report.
Post Trade Exception Processing
WHEN an employee executes a trade with their preferred financial institution, the event is captured by MyComplianceOffice automatically.
Compliance personnel can use the Trade Review functionality to monitor all rule breaks.
The compliance team can quickly review these rule breaks and resolve them as appropriate with any violations recorded. A full audit trail is retained for SEC, FINRA or FCA regulatory inspection.
THE Statement Tracking feature identifies which employee personal trading accounts are receiving trades data and those employee accounts that have none.
MyComplianceOffice provides multiple methods to capture employee personal trading data.
Disclosures and Certifications of all employee brokerage accounts is straightforward within MyComplianceOffice.
Certification (affirmation) of employee personal trading accounts, trades and holds can be scheduled for completion at appropriate intervals so as not to interupt business operations.