Financial Accounting Resources & News

Our expert team keeps up on the latest filings from the SEC, FINRA, and the IRS to ensure our clients can efficiently minimize costs and risks while simultaneously maximizing reporting accuracy.

Paycheck Protection Program Update

April 20, 2020

The SBA-backed Paycheck Protection Program (PPP) is on hold right now after more than 1.6 million loans were approved since initial launch on April 3, 2020.

ACI strongly supports an extension of the program and believes it will be vital in helping the country recover from the coronavirus pandemic.

Paycheck Protection Program: What Small Broker-Dealers Need to Know Now

April 6, 2020

The window is now open for businesses to apply for SBA-backed Paycheck Protection Program loans under the $2.2 trillion CARES Act. ACI is sharing relevant sections of FINRA’s guidance regarding the net capital treatment of covered loans.

Relief Is in Sight

March 30, 2020

The $2.2 trillion CARES Act contains key provisions, which may directly assist small broker-dealer firms in weathering the COVID-19 pandemic crisis.

While the provisions of the CARES Act are still being reviewed, we want to share with you some points that may assist you with retaining your employees and keeping your operations running as smoothly as possible.

Financial services a critical infrastructure

Financial Services Sector Designated an Essential Critical Infrastructure Sector in this Coronavirus Pandemic

March 25, 2020

ACI’s broker dealer and investment advisory clients, as well as ACI itself, qualify as part of the DHS-designated Essential Critical Infrastructure Workforce for the financial industry.

Jay Gettenberg Becomes A Member of the FINRA District 10 Committee

October 25, 2017/in Informational, News /by Shannon Sanderson

FINRA is looking to help small Broker-Dealers Survive & Thrive

October 20, 2017/in Informational, News /by Shannon Sanderson

Per Investment News, FINRA’s new CEO, Robert Cook, is looking for ways to support the small broker-dealers. http://www.investmentnews.com/article/20171012/FREE/171019969/finra-wants-to-help-the-small-broker-dealer-cook?X-IgnoreUserAgent=1

ACI’s Jay Gettenberg Nominated for FINRA District 10 Committee Membership

September 20, 2017/in Informational, News /by Jay Gettenberg

ACI Listed as a Member of FINRA’s Compliance Vendor Directory

May 15, 2017/in News /by Jay Gettenberg

Effective this week, the Financial Industry Regulatory Authority will be going live with their new Compliance Vendor Directory (CVD), a comprehensive list of service providers in nine distinct categories, as follows: 1. Compliance Consulting 2. Cybersecurity 3. Data Management 4. Email & Social Media Archive 5. Exam Prep & Firm CE 6. Insurance Brokers 7. […]