DOL’s Retrospective Review – A Practitioner’s Guide to Compliance

On-demand Webinar >>

The Department of Labor’s first retrospective review deadline for PTE 2020-02 is days away, requiring firms to certify that they have policies and procedures and a prudent process in place to achieve PTE 2020-02 compliance.

Watch this on-demand webinar to hear industry experts from Davenport & Company LLC, Oyster Consulting and InvestorCOM discuss the practical side of the retrospective review process that zeros in on the approach firms are taking to meet the requirement. Specifically, panelists will discuss:

  • Highlights of the PTE 2020-02 retrospective review requirements, including testing P&Ps, sampling data and reporting errors.
  • A practitioner’s guide to tackling the requirements and approaches that other firms are taking across the industry.
  • Streamlined testing and monitoring supported through technology.
  • Review DOL’s dropped appeal and considerations for managing risk during the period before the new fiduciary proposal.
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Meet Your Speakers

Theresa Manderski Davenport and Company LLC

Theresa Manderski, SVP, AML Compliance Officer and CCO – Broker Dealer/MA at Davenport & Company LLC

Theresa joined Davenport as a First Vice President and Compliance Officer in 2014. In 2021, she was promoted to Chief Compliance Officer of the broker dealer.  She is CAMS certified and serves as Davenport’s Anti-Money Laundering (AML) Officer. Prior to joining the firm, she worked at Scott & Stringfellow as a First Vice President, AML and Compliance Officer for six years. Theresa has over 25 years of financial services compliance experience.

An accomplished Compliance Manager with a successful track record of developing, implementing, and overseeing broker-dealer compliance programs for large and mid-size Financial Firms.  She has experience leading and training compliance teams on risk assessment, monitoring and testing compliance programs and regulatory requirements

Theresa is a member of the NSCP Diversity, Equity and Inclusion Committee, a FINRA North Region Committee member, and the following SIFMA Working Groups: DOL PTE Implementation, REG BI, 529 Plans and the SIFMA Senior Investor Forum.

Theresa is Series 4, 14, 53,7,63,65,66,24 and 9/10 registered with FINRA.

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.

Candy Palugi Oyster Consulting

Candy Palugi, Senior Consultant, Oyster Consulting LLC

Candy Palugi is an experienced Financial Services professional with over 20 years of industry experience. Candy has extensive expertise in broker-dealer and RIA regulation, including FINRA, SEC, MSRB, DOL and state agencies. Her expertise also includes firm merger/acquisition process management and controls testing. Prior to working with Oyster, Candy served in various Compliance roles for B. Riley Wealth Management, a dually registered broker-dealer and investment advisory firm. Candy also served as Assistant Vice President, Product Manager and as Registered Options & Securities Futures Principal for Morgan Keegan & Co.

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.