Overview

RegEd’s Outside Business Activities solution centralizes submission, review and supervision of representatives’ outside business activity (OBA) disclosures, attestations and amendments. The platform combines configurable workflows, role-based review queues, condition tracking and reporting support to reduce manual review time, surface high-risk activities and maintain audit trails for regulatory examinations. The module integrates with RegEd’s broader compliance suite to align OBA oversight with personal securities tracking, gifts & gratuities controls, and firm policy enforcement.

Features and Capabilities

• Core Workflow Automation: Streamlines OBA intake with configurable submission forms, automated routing and tiered approval flows to match firm hierarchies.
• Attestations & Amendments: Supports recurring attestations, one-click amendments and time-stamped records to maintain continuous compliance history.
• Condition Tracking & Supervisory Controls: Tracks approval conditions or restrictions separately (e.g., limits, disclosures, supervisory conditions) and displays them on reviewer dashboards for clear enforcement.
• Risk Flagging & Prioritization: Automated risk scoring and flags highlight high-risk OBAs for expedited review and escalation to compliance officers.
• Integrated Audit Trails & Reporting: Complete, exportable audit trails with reporting templates designed for regulatory exams and internal oversight.
• FINRA/Regulatory Filing Support: Mechanisms to prepare supporting information for regulator inquiries and related reporting workflows.
• Dashboards & Analytics: Role-specific dashboards provide reviewers and managers visibility into submission status, outstanding attestations and remediation items.
• Ecosystem Integration: Works alongside RegEd modules to link disclosures with other compliance records and controls.
• Scalability & Multi-Entity Support: Designed to support multi-business unit firms with configurable policies per entity and global search across representative records.
• Training & Resources: Vendor offers webinars, guidance and regulatory-focused materials to help firms implement OBA supervisory best practices.