CCOutreach BD Regional Seminar
February 11, 2010
Wharton School of Business, Folger Building
Registration (8:30 a.m. – 9:00 a.m.)
I. Welcome (9:00 a.m. – 9:15 a.m.)
II. SEC and FINRA Examination Priorities (9:15 a.m. – 10:15 a.m.)
Panelists discuss examination priorities in the current regulatory climate, as well as provide guidance on preparing for examinations and using exam results in their compliance efforts. The panel also discusses custody asset verification examinations and expectations for document production.
Break (10:15 a.m. – 10:30 a.m.)
III. Detecting and Preventing Fraud (10:30 a.m. – 11:30 a.m.)
Regulators and CCOs discuss widely used practices in detecting and preventing misappropriation and fraud. The panelists address a range of fraud control issues including elements of fraud, procedures for detecting fraud and segregation of duties.
Break (11:30 a.m. – 11:45 a.m.)
IV. New Rules and Regulations, the Consolidated FINRA Rulebook and Small Firm Issues (11:45 a.m. – 12:45 p.m.)
Regulators discuss specific requirements of selected new rules and rule amendments and CCOs provide their approaches for updating Written Supervisory Procedures in light of new consolidated rules. Panelists also focus on areas that primarily affect small broker-dealers including outsourcing and expense sharing agreements.
V. Closing Remarks (12:45 p.m. – 1:00 p.m.)