Regulatory Disclosures
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Business Continuity Disclosure
FINRA requires member firms to provide customers with business continuity plan (BCP) disclosures that explain how the firm will respond to significant business disruptions, including natural disasters, technology failures, or other emergencies that could affect operations. The disclosure must outline…
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Form CRS Relationship Summary
Under FINRA Form CRS, FINRA member firms must provide retail investors with a standardized Form CRS disclosure, a concise 2-page document written in plain language, that explains the firm’s brokerage and investment advisory services, the standard of conduct applicable to…
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Options Disclosure
FINRA member firms are required to provide customers with a standardized options disclosure document. This disclosure outlines the risks associated with options trading, including the potential for loss of the entire investment, the obligation to meet margin calls, the effect…
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Order Routing
SEC Rule 606 (“Rule 606”) requires all broker-dealers that route orders in equity and option securities to make publicly available quarterly reports that present a general overview of their routing practices related to held, non-directed customer orders. The reports must…
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Privacy Policy Disclosure
FINRA-regulated broker-dealers must provide customers with clear and prominent privacy policy disclosures that explain the types of nonpublic personal and financial information the firm collects, the categories of affiliated and non-affiliated third parties with whom it may share this customer…
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Regulation Best Interest Disclosure
Under FINRA Reg BI, broker-dealers must provide retail customers with a standardized 2-page Form CRS (Customer Relationship Summary) at or before account opening, written in plain English, that discloses the firm’s relationship and services (brokerage vs. advisory), all fees and…
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Rule 605 Statement of Order Execution
Information Pursuant to Rule 605 of SEC Regulation NMS Velocity Capital LLC provides this monthly statistical data regarding our order executions. These reports disclose stock-by-stock information on the quality of executions, including execution speeds and price improvements. The statistics are…
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SIPC Membership Disclosure
All SIPC member broker-dealers must disclose their “Member SIPC” status and provide customers with information about SIPC protection, which covers up to $500,000 per customer account (with a $250,000 limit for cash claims in the event of firm failure or…