Firm58 Takes on Compliance and Surveillance
In June 2013, Firm 58 launched a Compliance and Surveillance transaction monitoring product aimed at helping broker-dealers stay current on regulatory trade requirements. The new system can be implemented by broker-dealers to capture issues that develop from orders, cancels and trades. Firm 58’s managing director Sam Mele discusses initial feedback from clients, and the primary objectives brokers can expect when using the product. Read more here.