Trying to maneuver through the plethora of Broker/Dealer Compliance requirements can be overwhelming and at times frustrating. No one enjoys spinning their wheels while reporting deadlines loom. This one-day course assists professionals in identifying the rules, regulations and guidance applicable to their firms’ business model.
Course Objectives
By the end of the course, participants will be able to:
- Describe the features and characteristics regarding the SEC laws and regulations plus FINRA rules and guidance as they apply to Brokers Dealers (B/Ds)
- Identify the regulatory landscape for evolving business models
- Discuss SEC and SRO oversight
- Describe Operational, Sales Practice, Capital and Books & Records Requirements
- Suitability
- Know Your Customer
- Protection of Seniors
- Fiduciary Duty
- Privacy
- Develop an understanding regarding the impact to business units (operations) considering Compliance and Supervisory requirements:
- Culture of compliance
- Understand the importance of preparing for regulatory examinations
- Information barriers and conflicts of interest
- Branch and OSJ inspections
- Role and structure of compliance
- Role of internal audit
- Compliance versus supervision
- Regulatory examinations and audits
- ERISA and new Fiduciary Rule
- AML
- Cyber-security
Suggested Prerequisites: None
Program Level: Foundational
Advance Preparation: None
Computers and Financial Calculators: N/A
Recommended CPE Credits: 7