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A firm's BCP must be appropriate to the scale and scope of its business. BCP procedures must be reasonably designed so the firm can meet its existing obligations to customers. A firm must disclose to its customers how its BCP addresses the possibility of a significant business disruption and how the firms plan to respond to events of varying scope.
This BCP disclosure must be made in writing to customers when they open their account, posted on the firm's website if they maintain one and mailed to customers upon request. It may be tailored to the size and needs of the firm, but at a minimum it must include the following elements: Data backup and recovery hard copy and electronic ; All mission critical systems; Alternate communications between customers and the firm, and between the firm and employees; Alternate physical location of employees; Critical business constituent, bank, and counterparty impact; Regulatory reporting; Communications with regulators; and How the firm will assure customers' prompt access to their funds and securities in the event that the firm determines that it is unable to continue its business.
A firm must address the elements to the extent applicable and necessary. If any of the elements is not applicable, the firm's BCP must document the rationale for not including the element in its plan.
If a firm relies on another entity for any one of the elements or any mission critical system, the firm's BCP must address this relationship.START YOUR OWN BROKERAGE (SYOB) BUSINESS PLAN ©BOSTON TECHNOLOGIES schwenkreis.com PAGE 3 1.
Introduction The following document is intended to serve as a guide for our customers who want to start their. Small Firm Business Continuity Plan Template FINRA is providing a template as an optional guide to small introducing firms to assist them in fulfilling their need to create and maintain business continuity plans (BCPs) and emergency contact person lists under FINRA Rule Create Strategic Plan in less than 5 schwenkreis.com Strategic Plan · Download Instantly · Print % Free · Get Business LoansTypes: Freedom of Info, Executive Summary, Lease Agreement, Promissory Note, Last Will.
Broker-Dealer Business Plan Checklist Summary To the extent that an area below is applicable to the proposed activities of the broker-dealer, the following areas should be included in the business plan.
• Has $, to $1,, if investment capital. • Will spend $1, to $10, on Broker Dealer Services on a yearly basis including fees related to asset management. Competitive Analysis.
This is one of the sections of the business plan that you must write completely on your own. Broker Dealer Business Plan, Marketing Plan, How To Guide, and Funding Directory.
|schwenkreis.com - Free Broker Dealer Business Plan||Strategic Analysis with current research! The Company was founded by John Doe.|
|Broker DealerBroker Dealer - Business Plan #||Do you have the ability to enlighten and persuade people about market opportunities and get them excited and interested in those opportunities?|
|Broker DealerBroker Dealer - Business Plan #||Work through the sections in any order that you want, except for the Executive Summary, which should be done last.|
The Broker Dealer Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes.