On Episode 8 of Season 2 of the Securities Compliance Podcast: Compliance in Context, host Patrick D. Hayes talks with Jennifer Selliers, Director of Internal Compliance for the State of Tennessee Department of Treasury and current NSCP board member, for an authentic look at how to find your own career path in compliance (and everywhere).
In the Headlines section, the SEC seeks comment on Broker-Dealer and Investment Adviser Digital Engagement practices, Patrick looks at a recent SEC Investor Advisory Committee meeting to demonstrate contrasting views on market regulation, and close with a quick update on the SEC’s telework timeline.
Finally, he wraps up today’s show with another installment of Outtakes, as Patrick look to showcase how even an exempt reporting adviser can find itself in hot water with the SEC and its LP investors, particularly where an auditor isn’t involved
Season 2, Episode 8 Topics:
SEC seeking comment on Digital Engagement Practices (DEPs)
SEC Investor Advisory Committee meeting offers contrasting views on market regulation from SEC Chair Gensler and SEC Commissioner Peirce
SEC recently updated its COVID-19 Telework Operations Status
How to stay motivated in your compliance job?
What’s better to focus on in your career—technical or professional development?
What’s the “right” degree or accreditation to have as a compliance officer? Were there certain things that you considered when you were coming up?
What are the best ways to onboard a new compliance employee?
As a manager, how are you able to effectively able to lead a team during this challenging environment?
Discuss the benefits of the apprenticeship model
Goal Setting / Professional Development – 3-year professional development plan
Exempt Reporting Adviser and related private fund were investigated by the SEC for securities laws violations
When recommending or doing due diligence on private fund investments, make sure there is an auditor involved.
“I think one of the things that helps me stay motivated is remembering that I’m responsible for driving my own career, whether that’s in compliance or if that’s a whole career shift (and I know there’s a lot of people who are contemplating that and taking that big leap). But I own that. That’s mine.” - Jennifer Selliers
“There’s people in my life that are my cheering squad, right? When I need that pick-me-up, I know I can call them and they’re going to be like, ‘You know, buck up camper! You got this! You just take that bull by the horns! Run with it! You’re making the right decision!’ right? And then there’s some other days when I feel like, ‘I’m feeling like I need to do this. I need to talk this out with somebody. And I’ve got another group of people that’ll be like, ‘I don’t know what you’re thinking but you’ve got to take that back to the table.’ [laughs] Right? You can see those types of people, along with other types of people that just help you build and round out your professional and your career goals.” - Jennifer Selliers
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.
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.
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