SEC 15c3-1 Ensures broker‑dealers maintain sufficient liquid capital to meet obligations and protect customers.

Daily net capital review and preparation- continuous monitoring required (“moment-to-moment” compliance)

Review of Early warning / notification requirements if capital declines (linked to Rule 17a‑11)

Detailed knowledge of net capital computation including haircuts and non-allowable deductions , capital ratios and internal limit thresholds

Escalation of breaches / early warning triggers to management

Review of customer reserve computations (15c3‑3)

Monitor segregation of customer vs firm assets and ensure Special reserve bank

Investigate and resolve breaks / exceptions in 15c3-1 and 15c3-3

Compilation and review of FOCUS Part II and Part IIA and supplemental reports such as Supplemental Statement of Income, Off Balanc...