Guiding a Cross-Border Broker-Dealer
Objective
Guide a broker-dealer serving international retail investors through the regulatory complexities of operating across multiple jurisdictions to preparing for a strategic acquisition by a major financial institution.
Background
The client, an experienced, cross-border team of brokerage executives, had the goal of establishing a U.S. broker-dealer and registered investment advisor serving international retail investors, came to InnReg seeking guidance on navigating the regulatory complexities of operating across multiple jurisdictions.
Our client is a broker with a focus on bringing investment alternatives and digital accounts in the USA to Latin American clients based on a regulated structure across the US and Brazil. In the USA, our Client relies on a broker dealer and a financial advisory firm; in Brazil, our Client provides clients with a simplified experience in accessing the American market.
The client had a strong business model and was experiencing rapid growth, but needed expert assistance to mitigate regulatory risk during its organizational phase and expansion.
See also:
Challenges
The client faced several key challenges:
Securing regulatory approval to operate as a U.S. broker dealer and registered investment advisor.
Navigating the operational and regulatory complexities of operating as a broker-dealer across multiple jurisdictions.
Mitigating regulatory risk during a period of rapid growth and expansion.
InnReg's Solution
InnReg provided strategic guidance and support throughout the client's journey:
Regulatory Navigation:
InnReg provided expert guidance on navigating the regulatory complexities of operating as a broker-dealer across multiple jurisdictions, mitigating regulatory risk.Growth Support:
During the client's period of rapid growth and expansion, InnReg served as a strategic partner, providing ongoing regulatory guidance and support.
Client Results
The client successfully navigated the regulatory complexities of operating as a broker-dealer across multiple jurisdictions, experienced rapid growth and expansion, and smoothly transitioned to an acquisition by a major financial institution.
Throughout this journey, the client maintained regulatory compliance, thanks to the strategic guidance and support provided by InnReg.
