Aegis Capital Corp

Aegis Capital Corp

Thursday, October 27, 2016

Apex Clearing Corporation’s Risk Management Approach


Aegis Capital Corp focuses on providing clients with financial solutions for capital market transactions. Since 1984, Aegis Capital had continuously evolved by teaming up with other industry partners. Among the partners of Aegis Capital Corp is Apex Clearing Corporation.

Apex Clearing Corporation combines 150 years of experience to provide retail and institutional solutions to its clients and partners. As a self-clearing broker, Apex identifies clearing as its primary focus, while retaining complete control over the process for transparency and efficiency. The company also developed an approach that mitigates the risk which other clearing firms often overlook. This approach is called the Apex RiskCheck.

Apex RiskCheck features a five-tiered approach that identifies risk factors in clearing operations. This includes Real-Time Risk Monitoring, Portfolio Stress Tests, Compliance and Regulatory Checks, New Client Evaluation Processes, and Strong Financial Management. Through this approach, Apex Clearing Corporation remains true to its commitment in protecting the assets and business of its clients.

Wednesday, October 19, 2016

Task Force Modernizes Securities Investor Protection Act in 2010


A full service broker-dealer firm serving retail and institutional clients, Aegis Capital Corp commits to enhancing client goals through an independent, conflict-free platform. Aegis Capital Corp also maintains membership with the Securities Investor Protection Corporation (SIPC), a nonprofit entity created under the Securities Investor Protection Act (SIPA) of 1970. In June 2010, SIPC formed the Modernization Task Force to modernize and review SIPA and the policies of SIPC.

The Modernization Task Force conducted a comprehensive review of SIPA and the operations and policies of SIPC over the course of its investigation, which included a total of 14 meetings. It also established two subcommittees to handle major issues, such as discussions over possible revisions to SIPA. 

The investigation incorporated the opinions of members of the public and contributions from investor education professionals, mutual fund industry representatives, and other leading authorities. To collect suggestions from the public, the task force created an online platform and held two public forums between September 2010 and June 2011. Members of the Modernization Task Force consisted of regulatory specialists, investor advocates, and academic leaders.