Capital Market Solutions

  Compliance teams today are operating under intense pressure. Regulatory expectations continue to grow, internal controls are under constant scrutiny, and  FINRA CAT  reporting remains one of the most demanding responsibilities across broker-dealers. Firms consistently face the same pain points: manual Comparative Review workflows that drain hours, siloed systems that refuse to align, and rising audit expectations tied directly to  Consolidated Audit Trail (CAT) Compliance . The reality is simple — Comparative Review has traditionally been a scramble. Compliance analysts spend countless hours matching source data from OMS, EMS, routing systems, and proprietary platforms with CAT-reported outcomes. As complexity grows, so does operational risk. At Capital Market Solutions, we built RSMS to change this experience. Our Comparative Review feature delivers the visibility, consistency, and control that modern  Consolidated Audit Trail (CAT)   oversight requires....

  For broker-dealers, recordkeeping is not just an operational requirement — it is a core component of regulatory risk management. The SEC’s Rules  17a-3  and  17a-4  define how firms must create, store, preserve, and retrieve records across their entire securities business. Getting these requirements right directly impacts  audit outcomes,  FINRA CAT  reporting integrity, CAIS accuracy, dispute resolution, and overall compliance credibility . Firms that excel here treat 17a-4 as a  complete system  — governance, process, and technology working together — not a simple storage repository. SEC Rules 17a-3 & 17a-4: The Recordkeeping Foundation Rule 17a-3 — What You Must Create Broker-dealers must create comprehensive records such as: Trade blotters, order tickets, confirmations Customer account records (critical for  CAIS  accuracy) Communications Financial and operational records Supervisory procedures CAT-reportable order ev...

  Keeping up with  Consolidated Audit Trail (CAT) Compliance  is now one of the most critical priorities for broker-dealers and trading firms. With  FINRA’s evolving regulations  and increasing oversight, even minor reporting inaccuracies can lead to costly penalties and reputational risk. To stay compliant, firms must ensure their  Written Supervisory Procedures (WSPs)  are comprehensive, up-to-date, and built for accuracy, completeness, and timeliness. Here’s a quick look at the  top CAT WSP areas FINRA is emphasizing  in 2025 — and how solutions like  RSMS (Regulatory Surveillance and Management System)  help firms simplify compliance and reduce risk. 1️⃣ Accurate & Complete Reporting Accuracy and completeness are at the core of CAT compliance. Many firms struggle with data validation, inconsistent processes, and manual reporting errors. RSMS  helps resolve these issues through: Automated data validation  before sub...