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Introduction

For much of the twentieth and twenty-first centuries, American securities regulation has developed through conflict, compromise, and historical accident. Long before Congress enacted the federal securities laws of the New Deal era, states had already ventured into the field of securities regulation by adopting “blue sky” statutes intended to protect residents from fraudulent securities schemes. With the introduction of federal regulation in the 1930s, this dual system became entrenched, producing an interlocking but often discordant web of oversight.

While federal authority expanded over time—particularly through the adoption of, and ame...

On May 20, 2025, Rafael Beck, Senior Managing Director at Integrated Solutions, joined the FinOps and Auditors panel at the NYSSCPA Stock Brokerage Conference in New York. Drawing on his deep experience as a FINOP, Beck shared practical insights into today’s most pressing challenges in financial operations and compliance.

Key topics included:

• Staffing Struggles: Difficulty attracting and retaining talent, and the need for better training and mentorship.


• Startup Hurdles: Navigating early-stage compliance and infrastructure.


• Industry Shifts: Consolidation trends and the potential integration of PCAOB into the SEC.


• New Requirements: Fingerprinting for broker-dealer accounting staff and evolvin...

The financial world is constantly evolving, shaped by regulations, innovations, and the dynamic interplay between market forces. Amidst this landscape, the annual New York State Society of Certified Public Accountants (NYSSCPA) Stock Brokerage Conference serves as a crucial platform for industry leaders to converge, share insights, and chart the course forward. Among the distinguished speakers at this year's event was Rafael Beck, Senior Managing Director at Integrated Solutions, whose expertise as a FINOP (Financial and Operations Principal) provided invaluable perspectives on regulatory compliance and best practices.

On May 21, 2024, Rafael Beck took the stage alongside other esteemed prof...

Integrated Solutions is pleased to announce that Joseph J. Puglisi has joined our Firm as a Managing Director. Joe brings with him over 25 years of experience in all areas of public accounting with emphasis on the financial services industry and SEC related reporting, compliance and filings. His advisory experience includes extensive involvement with securities broker-dealers, investment management clients, Initial Public Offerings, reverse-merger transactions and private placements. We know that Joe will be an asset to our already existing team of professionals and look forward to welcoming him as a new member of our team! We believe that as a result of his wealth of knowledge and experienc...

Integrated Investment Solutions (IIS), an independent alternative investment fund administrator is pleased to announce for the fifth consecutive year, the successful completion and issuance of its Accounting, Administration and Investor Services System and Organizational Controls (SOC) 1 Type 2 Report for the period October 1, 2021, through September 30, 2022. An internationally acclaimed accounting firm once again conducted our audit and issued a report indicating its review and evaluation of the control environment for the services we provide. The report deemed that the controls that we have in place were suitably designed and operated effectively in order to successfully achieve our objec...

For the fourth consecutive year, Integrated Investment Solutions (IIS), an independent alternative investment fund administrator announces the successful completion and issuance of its Accounting, Administration and Investor Services System and Organizational Controls (SOC) 1 Type 2 Report for the period October 1, 2020, through September 30, 2021. Our audit was once again conducted by a well-known internationally acclaimed accounting firm, which issued a report indicating its review and evaluation of the control environment for the services we provide. The report deemed that our control objectives were suitably designed and operated effectively.

We at Integrated Investment Solutions, a busin...

Integrated Investment Solutions, an independent alternative investment fund administrator announces the successful completion and issuance of its Accounting, Administration and Investor Services System and Organizational Controls (SOC) 1 Type 2 Report for the period October 1, 2019 through September 30, 2020. Our audit was conducted by a well-known internationally acclaimed accounting firm which reviewed and tested the control environment for the services we provide and issued a report which deemed that our control objectives were suitably designed and operated effectively.

We pride ourselves with our professional staff, their integrity, and work ethics. They are highly trained individuals so...