SEC and FINRA to Hold National Compliance Outreach Program for Broker-Dealers

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FINRA

SEC and FINRA to Hold National Compliance Outreach Program for Broker-Dealers

April 18, 2019

FINRAWASHINGTON — The Securities and Exchange Commission (SEC) and FINRA announced today the opening of registration for their 2019 National Compliance Outreach Program for Broker-Dealers, which will be held June 27, in Chicago, IL.

The program is designed to provide an open forum for regulators and industry professionals including compliance, audit and other senior personnel of broker-dealer firms and branch offices to discuss current compliance practices and promote an effective compliance structure for the protection of investors.

The SEC’s Office of Compliance Inspections and Examinations (OCIE), in coordination with the SEC’s Division of Trading and Markets, is sponsoring the program with FINRA. The program will be held at the Federal Reserve Bank of Chicago from 9 a.m. to 3 p.m. (CST). The program will focus on insights from leadership, protecting retail investors and regulatory hot topics such as digital assets, cybersecurity and anti-money laundering.

Peter Driscoll, Acting Director of OCIE’s National Examination Program said, “The Compliance Outreach Program for Broker-Dealers helps to facilitate effective communication and transparency and furthers the mission to protect investors and maintain fair, orderly, and efficient markets.”

Mike Rufino, Executive Vice President and Head of FINRA Member Supervision—Sales Practice
Mike Rufino, Executive Vice President and Head of FINRA Member Supervision—Sales Practice

“As our regulatory program evolves to meet the challenges of new markets, new products and new rules, FINRA engages with member firms, compliance leaders and other regulators in meaningful discussions that enrich our regulatory efforts and provide broker-dealers with the tools and information needed to better serve investors,” said Mike Rufino, Executive Vice President and Head of FINRA Member Supervision—Sales Practice.   

There is no cost to attend the event, but in-person attendance is limited to 250 on a first-come, first-served basis. There will be a maximum of four attendees per firm. For those that cannot attend in person, a live webcast will be available.

CPE, CRCP® and CFP continuing education (CE) credits and a CLE voucher will be available to in-person attendees only.

For additional details on the 2019 National Compliance Outreach Program for Broker-Dealers, including information on how to register for the event, visit FINRA’s or SEC’s website.

FINRA is a not-for-profit organization dedicated to investor protection and market integrity. It regulates one critical part of the securities industry – brokerage firms doing business with the public in the United States. FINRA, overseen by the SEC, writes rules, examines for and enforces compliance with FINRA rules and federal securities laws, registers broker-dealer personnel and offers them education and training, and informs the investing public. In addition, FINRA provides surveillance and other regulatory services for equities and options markets, as well as trade reporting and other industry utilities. FINRA also administers a dispute resolution forum for investors and brokerage firms and their registered employees. For more information, visit www.finra.org.

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