Simulating a regulatory audit is a proactive way to uncover deficiencies in your compliance program before the SEC or FINRA does. A mock audit also helps train staff, improve documentation practices, and demonstrates your commitment to a robust compliance culture. Clients use our mock examinations to identify and address potential issues early, reducing regulatory risk and exam-related stress.
Our mock audits replicate the structure and intensity of an actual SEC or FINRA regulatory exam.
We follow a multi-stage process:
Our mock exams often surface policy gaps tied to investment management challenges such as trade allocation, advertising compliance, and custody rule adherence. Every mock exam is tailored to the client’s risk profile and business model, but our reviews commonly include:
Clients trust Sadis & Goldberg LLP for mock audit services because of our deep regulatory experience and insider perspective. Our team doesn’t just simulate exams—we help clients understand examiner priorities and apply real-world insights to strengthen internal systems.
Key advantages include:
What is a mock SEC or FINRA audit?
A mock audit is a simulated regulatory examination designed to assess a firm’s compliance with SEC or FINRA regulations. It identifies gaps before a real exam occurs.
How long does the audit process take?
Engagements typically last 1–2 weeks depending on firm size and audit scope, including prep, on-site review, and post-audit reporting.
Is a written report provided?
Yes. Upon request, we deliver a detailed report summarizing findings and providing actionable compliance recommendations.
What types of firms benefit from mock audits?
We serve RIAs, broker-dealers, hedge funds, private equity firms, and other financial institutions regulated by the SEC or FINRA.
Contact our Regulatory Compliance team to begin a confidential assessment and ensure your firm is prepared for its next SEC or FINRA exam.
