Looking for Trouble: Conducting Proper Branch Examinations

  • Available On Demand
  • Duration: 1 hour

Considering that the current statutory requirements have been in place for over 35 years, why do violations continue to occur? Is there a fundamental disconnect between a firm’s ability to stay compliant versus their ability to make a profit?
The level of competition within the securities industry and the growth of many brokerage firms due to mergers and expansion have increased the importance of diligent supervision. In addition, high-risk and short-term trading produces more commissions than conservative trading, but it also creates a greater need for close supervision.
Now, more than ever, there is an acute pressure on your compliance department to strike a balance between the firm’s productivity and adequate supervision. To help minimize your compliance risks, Wolters Kluwer Financial Services, is sponsoring a free one-hour web seminar.

Topics will include:

-How proper branch examinations can reduce risk

-Examinations in relation to annual reviews and certifications
-Best practices
-How changes in the regulatory landscape may change the way you perform examinations

Speakers:

- Patricia C. Foster, Principal, The Law Offices of Patricia C. Foster, Esq., PLLC
- Hedy Smit, First Vice President, Manager Retail Compliance Exams - Chicago, Wachovia Securities LLC

Moderator:

- Marian Raab, Contributing Editor, American Banker

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