Professional Ethics: Ethical Decision-Making for Compliance Professionals Amid the Pandemic Response
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 Code 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.
As firm’s respond to the health crisis and office environments invade personal living spaces, new challenges surface in the administration of ethics programs. In this interactive session, attendees will dissect and respond to various ethically based scenarios joined in discussion with seasoned industry professionals.
After attending this session, attendees 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
This virtual course is being taught as part of the Fall 2020 Compliance Conference. To learn more, visit our main conference webpage.
Chief Compliance Officer, PGIM Fixed Income
Matthew J. Fitzgerald serves as Chief Compliance Officer dedicated to PGIM Fixed Income, a registered investment adviser with over $920 billion in AUM. He leads a team of 35 professionals globally.
Before joining PGIM Fixed Income, Matthew was a Managing Director and senior compliance officer at BlackRock. During his eleven years at BlackRock, Matthew held legal and compliance roles supporting the firm’s portfolio management advisory group, private capital investment group, iShares, index and institutional businesses. He was Chief Compliance Officer of BlackRock Capital Investment Corporation. Prior to BlackRock, Matthew was a Managing Director and General Counsel for IRG Limited, a financial and investment adviser based in Hong Kong. Matthew also represented investment advisers, broker dealers and trust banks in legal practice with Brown and Wood LLP, and Kirkpatrick and Lockhart.
Matthew received a Bachelor of Arts Degree in Psychology from Yale University and obtained a JD from The Emory University School of Law. He is admitted to practice law in Pennsylvania and The District of Columbia.
Director Education, NRS
Kurt Wachholz has been in the financial services industry for almost three decades. As an executive consultant, Kurt conducts on-site examinations, audits, and program reviews. As director of education, Kurt oversees the development and administration of two compliance professional programs: the Investment Adviser Core Compliance certificate program and the Investment Adviser Certified Compliance Professional® designation. Both professional development programs are co-sponsored with the Investment Adviser Association.
Kurt is a frequent industry speaker at conferences, topical symposiums, and online seminars. He has developed and taught “Ethics in Leadership”, a MBA program module for the Goizueta Business School at Emory University. He has developed and taught “Regulatory Jeopardy”, an elective course for the Securities Industry Institute® in partnership with SIFMA and the Wharton School at the University of Pennsylvania. He is a contributing author and member of the editorial board for Modern Compliance: Best Practices in Securities and Finance and an editorial board member for the Journal of Financial Compliance.
Kurt earned his BA from the University of Wisconsin and his Investment Adviser Certified Compliance Professional designation from the Center for Compliance Professionals. Kurt has also been a CTO, COO, CCO, OSJ/registered principal, investment adviser representative, and licensed insurance agent.
For Whom: Designed to increase the professional competence of Investment Advisers and Broker-Dealers.
Suggested Skill Level: Intermediate
Maximum Recommended Credit Hours for this session will include CLE, IACCP® and CPE.
CA MCLE = 120 minutes
IACCP® = 120 minutes
CPE = 120 minutes
For more information, check out the NRS Continuing Education Guide.