This week, FSI held the last of our three Regional Discussions for 2013 in El Segundo, California. These roundtable discussions provide an opportunity for compliance and operations/technology professionals from FSI’s broker-dealer firms to come together and discuss best practices and ideas for overcoming the complex hurdles they’re facing at their firms.
Our west coast event, sponsored by Cetera Financial Group, kicked off this past Tuesday, with a round of optional discussions that addressed how clearing firms were supporting their clients efforts to resolve the compliance challenges they face on a daily basis, technology solutions to business processing and investor service concerns and other issues of interest to FSI members.
Discussion topics on Wednesday turned to advocacy updates on the state level, FINRA Supervision Rules, and other advocacy priorities. Attendees also talked about various recent regulatory developments from FINRA and the SEC, and how new rules and/or proposed rules will affect their businesses, and compared notes on best practices for many situations, including preventing fraud, complying with social media rules, and elder abuse reporting requirements.
Dates for next year’s east coast, west coast and Midwest discussions will be announced soon, so stay tuned!