REGISTER - LIVE WEBCAST

Broadcast Date: Wednesday, June 15, 2022 from 12:00 pm to 1:00 pm (ET)

Overview:

The Securities and Exchange Commission (SEC) has proposed an amendment on the recordkeeping requirements for broker-dealers. The new rule asks for the retainment of electronic records in an exclusively non-rewritable and non-erasable format which is also known as write once, read many (WORM). However, the proposal would only apply prospectively, creating burdens for financial organizations in keeping WORM records that have been in existence at the time of the rule adoption.

While these changes open opportunities and modernity for the decades-old requirements, they also pose further compliance hurdles particularly with dynamic records management. Thus, broker-dealers need to look closely at the latest developments surrounding these proposed regulatory changes.

Listen as experienced financial compliance professionals Robert Moreiro (Practus, LLP) and Debra Jenks (Jenks & Harvey LLP) provide a comprehensive discussion of the recent trends and developments surrounding broker-dealer regulation. Speakers, among other things, will offer practical compliance strategies in this ever-changing regulatory landscape.

Key issues that will be covered in this course are:

  • Broker-Dealer Regulatory Trends and Developments
  • Demystifying the SEC-Proposed Amendments
  • Challenges and Pitfalls
  • Effective Compliance Strategies
  • What Lies Ahead

Credit:

Course Level:

Intermediate

 

Preparation:

Print and review course materials

 

Method of Presentation:

Live Webcast

 

Prerequisite:

General knowledge of broker-dealer regulations

 

Course Code:

149869

 

NY Category of CLE Credit:

Areas of Professional Practice

 

Total Credit:

1.0 CLE

Speaker Panel:

Robert Moreiro, Partner
Practus, LLP

Robert has close to 20 years of considerable experience in financial services, advising registered investment advisers and broker-dealers regarding regulatory and compliance issues. With a deep understanding of the federal securities laws, Robert provides registered investment advisers, broker-dealers, and other financial institutions comprehensive and diverse services relating to all aspects of the federal securities laws, FINRA rules, and BSA/AML and OFAC regulations. He has represented registered investment advisers, broker-dealers, and individuals being examined, investigated, and prosecuted by the SEC, FINRA, other self-regulatory organizations and state regulators. He has assisted several clients in establishing SEC and state-registered investment advisers including drafting and filing all of the required documentation including creating the compliance program plus all applicable policies and procedures.

Debra Jenks, Partner
Jenks & Harvey LLP

Ms. Jenks has over 35 years of legal experience representing financial institutions, wirehouses, independent broker-dealers, insured broker-dealers, investment professionals, officers and directors, and financial advisers in retail, industry, and employment disputes as well as in compliance and regulatory matters. She defends registered persons and entities in regulatory matters. She has represented retail and institutional investors in securities matters and arbitration.

Agenda:

Debra JenksPartner

Jenks & Harvey LLP

  • 2022 Report on FINRA’s Examination and Risk Monitoring Program (AML, Cybersecurity, Reg BI, Mobile Apps, OBA/PST)
  • 2022 FINRA Industry Snapshot
  • FINRA Low-Priced Securities Guidance For Broker-Dealers
  • FINRA AML Red Flag Guidance for Broker-Dealers
  • FINRA Enforcement Cases

Robert MoreiroPartner

Practus, LLP

  • SEC 2022 Examination Priorities - Broker-Dealers (Reg BI, Customer Protection Rule and the Net Capital Rule, and AML)
  • SEC Staff Statement Regarding Form CRS Disclosures
  • SEC Risk Alert - Investment Adviser and Broker-Dealer Compliance Issues Related to Regulation S-P – Privacy Notices and Safeguard Policies
  • SEC Risk Alert - Compliance Issues Related to Suspicious Activity Monitoring and Reporting at Broker-Dealers
  • SEC Enforcement Cases - Broker-Dealers

Materials:

Coming Soon.

Please check back again later.

Who Should Attend:

  • Broker-Dealers
  • Chief Compliance Officers
  • VPs/Directors/Managers of Compliance
  • General Counsel
  • Internal Auditors
  • Records Managers
  • IT Managers
  • Data Security Managers

SPEAKERS

Robert MoreiroPartner
Practus, LLP
Debra JenksPartner
Jenks & Harvey LLP

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