The LeGaye Law Firm PC

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The LeGaye Law Firm PC The LeGaye Law Group provides legal counsel and regulatory compliance services to the financial services industry.

Broker-Dealer Counsel
Our Firm provides comprehensive legal counsel and support services designed to address the complex questions and regulatory challenges facing today’s broker-dealer entities. Ongoing counsel may include:
• Preparation and coordination of New Member Applications (NMA) and Continuing Membership Applications (CMA) with FINRA.
• Conducting mock FINRA examinations and firm-wide risk assessments.
• Performing branch office audits.
• Drafting, reviewing, and analyzing corporate records, including by-laws, operating agreements, and related documentation.
• Reviewing client-facing documents such as new account forms, privacy notices, prospectus receipts, 1035 exchange disclosures, quarterly performance reports, and marketing disclosures.
• Preparing and reviewing broker-dealer selling agreements.
• Assessing business continuity, disaster recovery, and succession plans.
• Conducting due diligence of third-party service providers.
• Advising on advertising, research, and public communications.
• Addressing gifts, entertainment, and conflict of interest issues.
• Ensuring compliance with net capital and customer protection rules.
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Investment Advisory Counsel
We deliver timely, cost-effective legal counsel to investment advisory firms and managers, helping them remain compliant while focusing on their core business. Our ongoing services include:
• Managing registration processes for both state and federally registered investment advisers.
• Structuring and transitioning to new business associations, such as independent RIAs.
• Advising on compliance with the Securities Act of 1933, Securities Exchange Act of 1934, Investment Advisers Act of 1940, Investment Company Act of 1940, and other governing laws.
• Conducting mock SEC examinations and firm risk assessments.
• Preparing responses to regulatory inquiries and investigations.
• Reviewing and assessing disclosures, including Forms ADV, offering memoranda, performance marketing materials, and RFP responses.
• Advising on fiduciary obligations, reporting and recordkeeping, best ex*****on, soft dollar arrangements, trade allocation and aggregation, and the use of solicitors.
• Developing, testing, and maintaining comprehensive compliance programs.
• Drafting, reviewing, and analyzing contracts, corporate agreements, and related documentation.
• Designing customized Codes of Ethics.
• Developing and testing Regulation S-P privacy policies and safeguarding programs.
• Assessing and testing anti-money laundering programs, business continuity plans, and privacy procedures.

10/15/2026

If the SEC Eliminates the Adviser Pay-to-Play Rule, What Changes for RIAs and Broker-Dealers? 🤔 Click on the link in the comments to find out!

Does the SEC’s Proposed Pay-to-Play Rescission Mean the End of Political Contribution Compliance? Click the link for ins...
10/13/2026

Does the SEC’s Proposed Pay-to-Play Rescission Mean the End of Political Contribution Compliance? Click the link for insights!

SEC proposes rescinding the adviser Pay-to-Play Rule. Learn what could change for RIAs, BDs, dual registrants, and political-contribution controls.

10/01/2026

SEC approval of FINRA Rule 3290 moves OBA and PST reform into implementation. Click on the link in the comments to find out what broker-dealers should do before it takes effect‼️

SEC Approves FINRA Rule 3290. Click on the link below to find out what changes for OBAs, PSTs, and unaffiliated RIA acti...
09/29/2026

SEC Approves FINRA Rule 3290. Click on the link below to find out what changes for OBAs, PSTs, and unaffiliated RIA activities?

SEC approval of FINRA Rule 3290 moves OBA and PST reform into implementation. Here is what broker-dealers should do before it takes effect.

09/24/2026

Is Your Client in the Right Account? Click on the link in the comments to learn how dual registrants should document costs, services, alternatives, and supervision!

Can your firm defend brokerage versus advisory account recommendations? Click on the link below to learn how dual regist...
09/22/2026

Can your firm defend brokerage versus advisory account recommendations? Click on the link below to learn how dual registrants should document costs, services, alternatives, and supervision:

Can your firm defend brokerage versus advisory account recommendations? Learn how dual registrants should document costs, services, alternatives, and supervision.

09/10/2026

The SEC approves expanded FINRA Rule 5123 private-placement filing exemptions. Click on the link in the comments to learn what has changed and why exemption documentation remains critical!

FINRA Rule 5123 Is Changing - What Should Broker-Dealers Do Before Claiming a Filing Exemption? Click on the link below ...
09/09/2026

FINRA Rule 5123 Is Changing - What Should Broker-Dealers Do Before Claiming a Filing Exemption? Click on the link below to find out!

SEC approves expanded FINRA Rule 5123 private-placement filing exemptions. Learn what changed and why exemption documentation remains critical.

09/03/2026

FinCEN has permanently ended domestic BOI reporting, but BDs and RIAs still face separate CDD, sanctions, AML, and ownership-related compliance risks. Click on the link in the comments to read more!

The CTA Reporting Rollback Is Permanent: Do BDs and RIAs Still Need Beneficial Ownership Information? Click on the link ...
09/02/2026

The CTA Reporting Rollback Is Permanent: Do BDs and RIAs Still Need Beneficial Ownership Information? Click on the link below to find out more:

FinCEN has permanently ended domestic BOI reporting, but BDs and RIAs still face separate CDD, sanctions, AML, and ownership-related compliance risks.

Address

2002 Timberloch, Suite 200
The Woodlands, TX
77381

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+12813672454

Website

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