Professional Ethics: Ethical Decision-Making for Compliance Professionals
Your firm has a code of ethics based on existing regulatory requirements. Now what? Moving beyond the code, how do you address ethical dilemmas in your firm? This practical and interactive ethics workshop uses scenario-based training and group discussion to engage attendees in analyzing and responding to ethical issues confronted by compliance professionals and various members of the firm.
As compliance professionals, we are used to working within sets of well-defined rules and creating procedures that manage risks. While there are rules that require Codes of Ethics, and while we can develop procedures to mitigate risks of certain types of unethical behavior, ethical decision-making requires different (and, perhaps, antithetical) skills. In this engaging interactive session, you will dissect and respond to various ethical-based scenarios as well as join in discussions and commentary with seasoned industry professionals.
After attending this course, you should be able to:
- Recognize ethical dilemmas and conflicts of interest that can surface in servicing clients and how compliance, firm culture, and the Code of Ethics can influence decision-making
- Identify how ethical considerations may vary among different members of a firm depending on the circumstances
- Develop an understanding of the ethical challenges firm members face and how you can address these challenges in your ethics training initiatives
- Identify the regulatory framework that should shape your ethical decision making
Designed to increase the professional competence of financial services compliance professionals with legal, compliance, ethics, operations and management responsibilities
Suggested Skill Level: Intermediate
Instructional Method: Group Internet-Based and Group Live
Pre-requisites for participation:
No prerequisites are required. However, attendees can benefit by reviewing the Investment Advisers Act of 1940, especially Rule 204A-1 (Investment adviser codes of ethics), to become familiar with the structure and terms.
Advanced Preparation: None
Continuing Education Credits
See NRS Continuing Education Guide
Recommended CPE Credit: 2
Recommended IACCP CE Credit: 2
Recommended CA MCLE Credit: 2