Insights

May
22

Rafael Beck Shares Insights at NYSSCPA Stock Brokerage Conference


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 profe...


Jul
17

Joe Puglisi Joins Integrated Solutions to Drive Expansion in Financial Services Advisory


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 experien...


May
22

Comment letter on the proposed changes to SEC Rule 17a‐5


Please follow the link below to download our comment letter.


Comment letter on the proposed changes to SEC Rule 17a-5


Jan
06

Integrated Investment Solutions Receives Its 2022 Annual System And Organization Controls (SOC) 1 Type 2 Report


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...


Nov
07

New SEC marketing rule


On November 4, 2022, the amended Rule 206(4)-1 (the “Marketing Rule”) under the Investment Advisers Act of 1940 (“Advisers Act”) goes into effect. The new Marketing Rule amends and merges two previous rules, the “advertising rule” (the former Rule 206(4)-1) and the “solicitation rule” (the former Rule 206(4)-3), into one overarching rule that regulates the marketing of investment advisers. In addition, Rule 204(2) “Books and Records” as well as Form ADV have been amended to address the changes. This memorandum will specifically address the impact of the New Marketing Rule on broker dealers marketing investments to potential investor...


Aug
19
Jul
14
Apr
25

Rafael Beck To Speak On Auditor-FINOP Panel At The NYSSCPAs Broker-Dealer Conference On May 4, 2022


Rafael Beck, a Senior Managing Director of Integrated Solutions and member of the Stock Brokerage Committee of the New York State Society of CPAs (NYSSCPAs), will be speaking at an upcoming Auditor-FINOP panel hosted by the NYSSCPAs at their Broker-Dealer Conference to be held on May 4, 2022.


The panel discussions will include lessons from the most recent audit filing season. Topics to be covered are the 60 vs. 90 day filing deadline extension, staffing and scheduling challenges, accounting, reporting and regulatory changes, Footnote 74 and Exemption Reports, Pass Through Entity Tax treatment, inspections and other relevant issues. Additionally, the session will include a retrospective review...


Apr
25

The Blame Game


By Peggy E. Chait


We have all learned the concept of assigning blame since we were children. Who among us did not chant at the top of our voices in unison, “Who stole the cookie from the cookie jar? Who me? Yes you. Couldn’t be. Then who?” Pointing our finger and the act of CYA (cover your a…) go hand in hand in our litigious society and Regulators encourage us to assign responsibility in order to make their jobs more lucrative and easier. Yes, I know about whistleblowers and the need to protect them for the betterment of society, and I am in agreement about the dangers of retaliation given their whistleblowing revelations. No contest there. What I would like to exami...


Dec
28

Integrated Investment Solutions Receives Its 2021 Annual System And Organization Controls (SOC) 1 Type 2 Report


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...