Compliance Events Calendar

FINRA’s exam priorities continue to focus on conflicts that can compromise a representative’s responsibilities. Speakers will look at the latest developments in supervising outside activities and private securities transactions and discuss the relationship between FINRA Rule 3270 and Rule 3280. The presentation will also focus on FINRA Rule 3220 commonly referred to as the gift and gratuities rule. In addition to sharing effective practices regarding policies and procedures for identifying, documenting and disclosing these practices, experts in the field will also explore recent cases.

Recent scandals and market events have created a call for increased liability for those who are entrusted to undertake due diligence for investors in the selection of investment managers and hedge funds. Defensible due diligence standards continue to evolve to meet higher expectations of both regulators and investors. There is no bright line rule defining the right policy for your firm, but the SEC will require that your firm’s disclosures mirror actual practices. The panel will provide practical advice about specific compliance steps to meet these evolving standards for effective risk management.

Compliance is not a function that fluctuates with the scale of your business. Small firms don't get a pass for being “less compliant” than larger firms. However, the amount of resources that firms are able to dedicate to compliance varies significantly. The SEC’s examination staff recognizes that small advisers face unique compliance issues and concerns.

NRS is offering three days of interactive compliance education led by seasoned legal and compliance industry experts. On days 1 and 2, instructors will detail each of the Advisers Act’s key sections, sharing insight, perspective and practical advice about implementing strong internal controls that will support you and your firm’s compliance program. On day 3, courses are designed to give participants added opportunities to appreciate the nuances of the compliance profession through group discussions and interactive elements that highlight professional ethics, trading compliance and SEC examination and enforcement trends.

Business Continuity Planning (BCP) is an essential component of risk management for financial services firms of all sizes. Required written policies and procedures help ensure the continued operation of the firm when faced with any adverse conditions including weather events, terrorism, information breaches, loss of key personnel or offices, and health crises such as pandemics.