Dodd-Frank Compliance

The Dodd-Frank Wall Street Reform and Consumer Protection Act is one of the most complex pieces of legislation ever drafted. The Financial Services Industry is still in the process of complying with the Act’s many mandates. B&F Capital Markets’ system ensures that you comply with these new financial regulations. Consider your group’s existing protocols for tracking and storing client contact information, then review our checklist to see how we add up:

 

BUSINESS CONDUCT STANDARDS 

• Know your counterparty/ECP verification
• Record retention
• Disclosure of material swap information
• Scenario analysis

 

RECORDKEEPING

• Complete record of all activities
• Daily trading records
• Trade information (pre-, at and post execution)
• Record retention
• Real-time reporting capability 

 SWAP DATA REPOSITORY (SDR) REPORTING

• Automatic reporting of booked transactions

IDI EXEMPTION TRACKING

• Track transactions which qualify for exemption
• Monitor volumes going toward de minimus exemption