Regulatory Compliance

Securities and Exchange Commission (SEC)

EMS-X is registered as an Investment Adviser under the Investment Advisers Act of 1940. Our registration number is 801-XXXXX.

• Form ADV filed and regularly updated
• Fiduciary duty to all clients
• Regular compliance examinations
• Custody rule compliance for client assets

Financial Industry Regulatory Authority (FINRA)

As a FINRA member firm, we adhere to strict conduct rules and maintain required capital reserves.

• Net capital requirements maintained
• Customer protection rule compliance
• Trade reporting and market surveillance
• Continuing education for all representatives

Anti-Money Laundering (AML)

We maintain a comprehensive AML program in compliance with the Bank Secrecy Act.

• Customer Identification Program (CIP)
• Suspicious Activity Reporting (SAR)
• Currency Transaction Reporting (CTR)
• OFAC sanctions screening

Accredited Investor Verification

All investors must meet accredited investor requirements under Regulation D.

• Income verification: $200K+ individual, $300K+ joint
• Net worth verification: $1M+ excluding primary residence
• Professional certification verification
• Annual re-verification required

Risk Disclosure

Comprehensive risk disclosures are provided to all investors before any investment.

SIPC Protection

Client assets are protected by the Securities Investor Protection Corporation (SIPC) up to $500,000 per customer, including $250,000 for cash claims.

GDPR Compliance

For European users, we comply with the General Data Protection Regulation.

• Lawful basis for processing personal data
• Data subject rights (access, rectification, erasure)
• Data Protection Impact Assessments
• Appointed Data Protection Officer

CCPA Compliance

California residents have additional privacy rights under the California Consumer Privacy Act.

• Right to know what personal information is collected
• Right to delete personal information
• Right to opt-out of sale of personal information
• Right to non-discrimination for exercising privacy rights

HIPAA Considerations

While not directly subject to HIPAA, we apply similar standards to protect patient medical information, including anonymization and access controls.

External Audits

Regulatory Reporting

• Form ADV annual updates and amendments
• FINRA regulatory filings and reports
• Suspicious Activity Reports (SARs) when required
• State regulatory notifications and filings