Corporate, Branch and Registered Representative Supervision
The terms ‘Supervision’ and ‘Compliance’ are often used interchangeably, but they encompass very different, albeit interrelated, functions. Whether performed by the same individuals in a smaller organization or performed by entirely different teams in larger organizations, it is nevertheless important to understand the differences between them in order to prevent gaps and ensure that requirements are being adequately addressed. What is supervision? How is it different from compliance? What does it mean to supervise? What does it mean to “fail” to supervise? This session will review the requirements and best practices for supervising registered representatives, their outside business activities, branch offices, high-risk representatives and more. Join us to learn both the art and the science of effective supervision.
After attending this course, attendees should be able to:
- Recognize the difference between compliance and supervision
- Identify elements of effective supervision
- Evaluate best practices for supervising branches, outside business activities, and high-risk reps
- Apply practical steps for building an effective supervision program that helps prevent failures
For Whom: Designed to increase the professional competence of broker-dealer and dual registrant (broker-dealer and investment adviser) professionals with legal, compliance, operations and management responsibilities
Suggested Skill Level: Basic (or Intermediate, depending on your description)
Instructional Method: Group Internet-Based
Pre-requisites for participation: No prerequisites are required.
Advance Preparation: None
NRS Continuing Education Guide
Recommended CPE Credit: 2 in the Regulatory Ethics field of study
Recommended IACCP®CE Credit: 2
Recommended CA MCLE Credit: 2