Outside Business Activities Disclosure

  • FINRA requires you to disclose all business activities that you conduct that are not related to Rainmaker Securities

  • Must await principal approval prior to entering into the activity.

  • Disclose any for-compensation activity

  • Disclose any management, director or board memberships (including non-profit entities)

Private Securities Transactions Disclosure

  • FINRA requires that you disclose all of the following: funds managed, personal investments in private companies, and any assistance in fund raising for non-Rainmaker Securities clients

  • Disclose entities formed for use as investment vehicles

  • Must submit diligence file for offering approval by firm principal

  • Transactions/Subscriptions must be recorded on the firm's books & records

Brokerage Accounts Disclosure

  • FINRA requires you to disclose all brokerage accounts for yourself, family members, or accounts in which you have a beneficial interest.

  • Rainmaker Securities must receive duplicate trade confirmations and monthly/quarterly statements.

  • Industry professionals are prohibited from participating in New Issues or IPO transactions.

Gifts & Gratuities Disclosure

  • FINRA requires you to disclose all gifts and gratuities to clients or prospects

  • Limited to $100 value per year

  • Must record all recipients

  • Exception: If you accompany the client or prospect to the event, it will not be subject to the $100 limit

Firm Policies Certification

  • Each calendar year, each registered agent of the firm must complete this form to attest to their understanding and acknowledgement of:

    • the firm’s Privacy Policy

    • the firm’s Compliance Manual

    • the firm’s Insider Trading Policy; and

    • their attendance of the Firm Element Continuing Education

U4 Disclosure and Activities Form

  • This form must be completed each calendar year

  • It includes a solicitation of any previously undisclosed U4 updates and a series of “yes” or “no” questions regarding your activities and conduct with clients of the RMS brokerage