Trading: Best Practices and Lessons Learned  

As a fiduciary, an investment adviser has many obligations to the client including developing and using policies, procedures and disclosures to ensure proper trading practices. Compliance, legal and trading experts will introduce the trading process and best practice, and provide hands-on methods to help you understand key trading concepts: Aggregation, allocation, best execution, personal and proprietary trading, trade error resolution, soft dollars, directed and discretionary brokerage, principal and agency cross transactions, side-by-side management, effective supervisory systems, and special considerations for hedge funds, mutual funds and pension plans.

In this course you will:

1) Learn how to assess and implement an effective compliance trading system so that your firm can operate in a manner consistent with industry best practices

2) Explore the intersection of compliance, trading and operations to help spot and eliminate risk-laden activities that could lead to compliance violations and SEC fines.

3) Finely tune your sixth sense to quickly recognize questionable accounts and trading activity, and other irregularities, and respond before your firm is in jeopardy

4) Participate in training exercises that clarify complex trading arrangements and pinpoint compliance red flags