Best Interest Principles: DOL Fiduciary Rule and SEC Guidance

On-demand Webinar >>

Is your firm keeping up with the latest regulatory expectations from the SEC and the Department of Labor?

Join us for an insightful webinar that delves into the convergence of best interest principles across these regulatory bodies. On October 31, industry experts from Faegre Drinker, USA Financial and Oyster Consulting will discuss:

  • Reg BI and DOL’s best interest principles surrounding investment recommendations, and what it means for financial professionals, advisors, and investors.
  • Review of regulatory guidance, including recent enforcement cases
  • What you can expect to see on the regulatory agenda
  • Monitoring best interest rollover and account recommendations.

Meet Your Speakers

Fred Reish Faegre Drinker

Fred Reish, Partner, Faegre Drinker

Fred Reish is a noted authority on retirement plan products and plan management who helps ensure that clients fulfill their fiduciary duty to investors and comply with federal law. He counsels plan sponsors, service providers and registered investment advisers on fiduciary responsibility, prohibited transactions under federal law, federal audits and pension plan disputes. When clients face regulatory disputes, Fred counsels them on mitigating the impact of enforcement actions and resolving compliance issues.

Dawn Thomason, CCO, USA Financial

Dawn Thomason, Chief Compliance Officer, USA Financial

Dawn Thomason is the Chief Compliance Officer at USA Financial, joining the firm in 2008. She oversees the compliance department and the team responsible for regulatory audit and response (FINRA and SEC), policy creation and new rule implementation, branch inspections, and advertising review across all registered entities.

Dawn brought experience in the banking industry prior to joining the team at USA Financial. In her previous roles, she started out on the New Business team where she conducted suitability review for new account applications and supported the trade desk. She quickly transitioned into an advertising compliance role where she picked up review and approval of various back-office functions such as OBA review, vendor due diligence, performance reporting, and ad hoc compliance issues.

Dawn graduated from Purdue University with a Bachelor of Science degree and has a CIPM (Certificate in Investment Performance Measurement) from CFA Institute.

Ed Wegener Oyster Consulting LLC

Ed Wegener, Managing Director, Oyster Consulting LLC

Ed Wegener is an innovative compliance, risk management and supervisory controls expert with deep understanding of Federal Securities Laws and the rules of self-regulatory organizations, as well as technology optimization and risk mitigation. Prior to joining Oyster, Ed held several posts in FINRA, most recently as  Senior VP and Midwest Regional Director.  While there, he was responsible for the Region’s risk assessment, examination and investigation programs. Ed was a member of the team that developed FINRA’s risk-based examination program and he developed and managed FINRA’s first Digital Asset and Cybersecurity examination programs.

Randy Barnes InvestorCOM

Randy Barnes, Director of Product Engineering, InvestorCOM

Randy Barnes has spent the majority of his professional career in the financial services technology space. With over 25 years of experience, Randy has managed and developed technology for large-scale enterprise clients as well as smaller broker-dealers and registered investment advisor firms. Randy’s professional passion is helping the customer and bringing a customer-centric focus to everything.

Parham Nasseri InvestorCOM

Parham Nasseri, Vice President Regulatory Strategy, InvestorCOM

Parham Nasseri has spent his career translating complex regulatory requirements into technology solutions that improve investor and advisor outcomes. He has over 15 years of regulatory and wealth management experience, including senior roles in regulatory analytics, digital transformation, and investment analytics.

Parham currently serves as Vice President, Product & Regulatory Strategy at InvestorCOM, a leading software solutions provider for the financial services industry. He serves on several advisory boards including Ontario Securities Commission’s Investor Advisory Panel, CFA Societies’ Canadian Advocacy Council, The Canadian RegTech Association, and Junior Achievements of Central Ontario. He is also the host of the Wealth Compliance Leaders series.