*Personal information collected will only be used for the above intended purposes.
For broker dealers, FINRA has declared that if a retirement plan qualifies for a Class A sales charge waiver and purchases that share class, the investor will not pay a front end sales load. It’s incumbent on the selling broker dealer to ensure that clients entitled to sales load waivers do indeed receive them. FINRA wants your firm to look back seven years, so the number of transactions you will have to review can easily run into the millions.
For firms that need data to supplement their post trade compliance systems:
For firms that want Delta Data to monitor post trade compliance for A share Waivers:
Our robust post trade compliance system has a proven track record of helping our clients “Stay Ahead of the Change” for regulatory needs for mutual fund trade compliance. So whether you’re just getting started, already into a remediation solution or planning now for an ongoing monitoring solution, Delta Data has the know-how to complement your process to best ease your load.
*Personal information collected will only be used for the above intended purposes.