Live Webinar: April 27, 2021 at 1:00 pm ET
Brokers and advisors need to prepare now for Reg BI enforcement from the SEC. Firms must adjust their practices and processes for complying with the Care Obligation and the requirement for financial professionals to assess reasonably available alternatives when making a recommendation. Given the principled-based nature of the requirement, there have been many questions surrounding how to best comply with this new requirement.
Join our Live Webinar to hear industry leaders from Oyster Consulting and Faegre Drinker discuss how to approach these requirements from a compliance and technology perspective.
This 60-minute Webinar will cover:
- Examination priorities and lessons learned to-date
- Best and (not so good) practices for meeting the Care Obligation
- The impact of Reg BI on the product shelf
- Extending the suitability requirements under the Care Obligation
- Relying on manual self-attestations and notes in CRM versus compliance technology
- How to identify and mitigate conflicts
Meet Your Speakers
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.
David Porteous, Partner, Faegre Drinker
David Porteous routinely counsels clients in the investment management, broker-dealer and financial services industries on regulatory matters including examinations, investigations and enforcement proceedings as well as complex civil and securities-related litigation. In addition, he assists clients in developing and implementing compliance and regulatory risk management plans and represents clients in complex civil and securities litigation.
Dave Carr-Pries, Vice President, Product & Marketing, InvestorCOM
Dave has spent the last decade helping financial organizations be compliant while focusing on the client experience. He delivers best-in-class design practices, technology, and a passion for creating intuitive experiences and solutions. Dave supported the industry’s adoption and implementation of CRM2 through investor and advisor research, CRM2 report design for 30 Canadian dealers including banks, insurance companies and mid-sized independent dealers. He has since been focusing on delivering solutions for Client Focused Reforms in Canada and Regulation Best Interest in the US.
Parham Nasseri, VP Regulatory Strategy, InvestorCOM
Parham Nasseri has over a decade of wealth management and regulatory experience. He is the Chair of the Canadian Advocacy Council of CFA Societies Canada and previously held roles at the Ombudsman for Banking Services & Investments and the Brattle Group. Mr. Nasseri holds a CFA Charter and an MBA from Schulich School of Business.