Webinar at 2 pm ET | May 9

The Department of Labor (DOL) has released its latest fiduciary rule, signaling significant strategic implications for firms across the financial sector. As firms navigate this new regulatory landscape, understanding the rule’s nuances and operational impacts is crucial.

Join InvestorCOM for an in-depth webinar focused entirely on helping you understand the New DOL Rule and its strategic implications for your practice. This session promises to offer valuable insights into the rule’s practical effects and what changes you can expect to make before the upcoming September deadline. Our distinguished panel includes Tom Selman, former Executive Vice President of Regulatory Policy at FINRA and current founder of Scopus Financial Group; Carol McClarnon, a seasoned ERISA attorney and partner at Eversheds Sutherland; and Issa Hanna, a legal expert in financial services and partner at Eversheds Sutherland. Joining them from the InvestorCOM team will be Director of Product Sales & Engineering, Randy Barnes, and President, Parham Nasseri.

During the webinar, attendees will:

• Explore detailed analyses of the new DOL rule’s requirements and its broader impacts on the financial industry including the updates to PTE 2020-02 and the new Retirement Security Rule, PTE 84-24
• Dive into the updated definition of Fiduciary
• Learn from firsthand experiences and strategic advice offered by our expert panelists on what is expected from firms by the September deadline
• Discuss the best, most cost-effective technology solutions to swiftly and easily meet the new standards

Don’t miss this opportunity to gain critical insights and practical strategies to adapt to the DOL’s latest fiduciary standards.

Carol McClarnon, Partner, Eversheds Sutherland

Carol has more than 20 years of experience helping both retirement plan service providers and plan sponsors navigate Title I of the Employee Retirement Income Security Act (ERISA) and related tax qualification rules. Her experience covers the full range of retirement solutions, including employer-sponsored qualified pension and profit sharing plans, 403(b) plans, individual retirement accounts, 457(b) plans, and nonqualified annuities. She also has a broad understanding of retirement plan products and services. She works with insurance companies, investment advisers, trust companies, and other financial service companies in the development of innovative retirement products. Carol often works side-by-side with Eversheds Sutherland (US) LLP’s securities and insurance lawyers to provide collaborative advice in situations where compliance with both ERISA and the rules of the client’s primary regulator are at issue.

Carol’s experience also includes working with clients to proactively resolve potential compliance issues through ERISA prohibited transaction exemptions, private letter rulings, and Internal Revenue Service voluntary compliance programs. She is a leader in helping clients understand and respond to the evolving Department of Labor fiduciary rulemaking.

Issa Hanna, Partner, Eversheds Sutherland 

Issa helps broker-dealers, investment advisers, investment funds, insurance companies and insurance distributors in navigating the regulatory requirements applicable to their businesses. His experience includes guiding clients through registration and compliance issues and representing them before federal and state regulators and self-regulatory organizations. Issa also has deep experience counseling and advising clients on the evolving standards of conduct in the financial services space, and closely follows developments relating to SEC Regulation Best Interest, the investment adviser fiduciary duty, and state securities and insurance laws imposing standards of conduct on broker-dealers, investment advisers and insurance distributors.

He frequently helps clients develop, revise and update policies and procedures, distribution and service agreements, and disclosures to reflect the impact of new rules, regulations and interpretations. Issa also counsels clients through regulatory issues arising out of transactions they engage in, such as obtaining regulatory approvals of transactions, obtaining end-client consents, and assessing the regulatory risks associated with proposed transactions. In addition to his client work at Eversheds Sutherland, Issa is actively involved in the firm’s Pro Bono, Diversity and Professional Development Committees. He is also a frequent speaker with respect to current regulatory issues and has been published in a number of industry publications and treatises.

Tom Selman, Founder, Scopus Financial Group 

With over two decades of regulatory leadership and expertise, Tom Selman served as FINRA’s Executive Vice President for Regulatory Policy and its Legal Compliance Officer. A prolific author, commentator, and expert in financial services regulation, Tom led many FINRA departments, including FINRA’s: Department of Advertising Regulation, Department of Corporate Financing, Office of Disciplinary Affairs, Office of Hearing Officers, Office of Financial Innovation, Criminal Prosecution Assistance Group, Corporate Office of General Counsel, and Compliance and Code of Conduct Programs.

Among Tom’s many accomplishments were the modernization of the advertising regulation and corporate financing programs, establishment of a regime to police the private placement market, reform of the non-traded REIT market, and development of the Office of Financial Innovation. Tom holds a CFA charter and is a member of the Board of Directors of the CFA Society Washington D.C. Tom most recently authored two ground-breaking articles, “Protecting Retail Investors:  A New Exemption for Private Securities Offerings,” Virginia Law & Business Review (Fall 2019) and “Sidestepping the Rat Holes:  Investment Risk and Securities Law,” Harvard Business Law Review (April 2018).

Randy Barnes, Director of Product & Sales Engineering, 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.