Broker-Dealer – OBAs, Private Securities Transactions, and Gifts and Entertainment: Managing Conflicts of Interest


Course Description:

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.

Learning Objectives:

After attending this course, attendees should be able to:

  • Define FINRA Rules 3270 and 3280
  • Define FINRA Rule 3220
  • Formulate reporting, analysis and documentation practices that address these areas of interest
  • Identify red flag situations and steps to take in mitigating them
  • Review reporting best practices to support monitoring

For Whom: Designed to increase the professional competence of broker-dealer and dual registrant (IA/BD) compliance professionals with legal, compliance, operations, technology, administrative and management responsibilities

Suggested Skill Level: Intermediate

Instructional Method: Group-Internet-Based

Pre-requisites for participation: No pre-requisites are required.

Advance Preparation: None

Continuing Education Credits:

NRS Continuing Education Guide
Maximum Recommended CPE Credit: 2 in the Regulatory Ethics field of study
Maximum Recommended IACCP® CE Credit: 2
Maximum Recommended CA MCLE Credit: 2