The Securities Compliance Podcast Episode 6 - Recent Trends in SEC and FINRA Enforcement

Podcast

Securities Compliance Podcast: Compliance in Context

The sixth episode of the Securities Compliance Podcast: Compliance in Context covers recent trends in SEC and FINRA enforcement. 

Host Patrick D. Hayes discusses recent rule-making from FINRA on remote inspections of broker-dealers and checks in with OCIE on a risk alert highlighting deficiencies seen in adviser branch exams. The interview segment features SEC and FINRA enforcement guru Brian Rubin for a deep dive into recent trends from the regulators and what to look out for in the future. Finally, Patrick continues the next installment of the Outtakes series to discuss the proper allocation of business and personal expenses.

Please tune in and subscribe for future episodes at ComplianceInContextPodcast.com.

Episode 6 Topics:

Headlines

• FINRA Proposes Rule Change on Remote Inspections

• OCIE Highlights Supervisory Deficiencies at Adviser Branch Offices

Interview

• Reviewing recent trends in SEC and FINRA enforcement actions.

• Forecasting future enforcement action stemming from COVID-19 and Reg BI

• Discussing recent remarks from SEC Commissioner Peirce on CCO liability

• Detailing NSCP Currents authorship and related topics Outtakes

Quotes

• “We have heard that with regard to penalties and financial sanctions, we are looking at record numbers.”

• “In two, three years, I expect we’ll see enforcement actions related to Reg BI, as well.”

• "Ultimately, compliance is here to help elevate the services that our firms provide their respective clients...And so, we want to be able to reward those folks that are part of that process to help elevate those services.”

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About the Securities Compliance Podcast: Compliance in Context

Introducing the Securities Compliance Podcast, "Compliance in Context" presented by Calfee, Halter & Griswold and the National Society of Compliance Professionals and hosted by Patrick D. Hayes, Senior Counsel and leader of Calfee's Investment Management practice.

Designed as a personal master class for the securities legal and compliance professional, this podcast embodies Patrick’s passion to help you put Compliance In Context™ by combining the technical expertise of industry thought leaders and innovators with the practical experience of doers and key decision makers.

Listeners will find the podcast on Apple Podcast, Google Podcast, Spotify and Stitcher.

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The opinions expressed by guest speakers and panelists during Securities Compliance Podcasts may not necessarily reflect the viewpoints of the attorneys and professionals of Calfee, Halter & Griswold LLP or its subsidiaries or affiliates. Calfee’s educational content is intended to inform and educate readers about legal developments and is not intended as legal advice for any specific individual or specific situation. Please consult with your attorney regarding any legal questions you may have. With regard to all content including case studies or descriptions, past outcomes do not predict future results.