Resources/ Updates - February 2013

The SDDco Client Update

The SDDco Client Update is an action oriented email prepared in-house, tailored to client needs, and sent as an adjunct to our online newsletter.  Verified newsletter subscribers receive our Client Update once each month.

The SDDco Client Update is intended to provide general information only. It is not intended as, and should not be taken as, financial, tax, accounting, legal, consulting or any other type of advice specific to you or your firm. Users of the SDDco Client Update should not act or refrain from acting on the basis of information provided on the website. Always check with your accountant and/or attorney.


FINRA BD Regulatory Exam Focus for 2013

Does your broker-dealer service institutional accounts? If so, this list could benefit you. FINRA published its 2013 Examination Priorities Letter. We trimmed the list to areas most affecting institutional B/Ds. FINANCIAL & OPERATIONAL ~ FINRA’s focus will include: Net capital issues: Is your firm net capital compliant? Can firm fund BD under varied stress conditions?

Read more >


FATCA Filing

Do you have foreign financial assets and offshore accounts? If so, this tax compliance may concern you. The Foreign Account Tax Compliance Act (FATCA) of 2010, aims to combat tax evasion by US persons with investments in offshore accounts. Under FATCA, US taxpayers holding financial assets exceeding $50,000 must report assets to the IRS beginning this tax season.

Read more >


SDDco specializes
in two industries.

Our know-how and our network supports the financial services & tech industries.

We hold the right training and licensures to keep you in step and mitigate risk.

Our Credentials


SDDco supports
industry leaders.

We oversee back office functions so you can focus on your own clients.

Major banks, private funds, RIAs, BDs, and tech startups choose us.

Our Clients


SDDco is as good
as its great people.

Our CPAs, FinOps and
consultants are licensed,
experienced professionals.

Partner with us for start-ups and for ongoing accounting, compliance and tax work.

Our People


SDDco performs
services onsite.

Outsourced support with
SDDco isn’t out of sight.

We work in your space and for your team on a regular basis. Engage the expertise without the fulltime hire.

Our Praises


SDDco observes
AICPA principles.

Our inaugural firm began
when two CPAs opened
a NYC office back in 1952.

We faithfully maintain the CPA standards: integrity, competency, confidentiality….

Our Group