The SEC announced the opening of registration
for its National Compliance Outreach Program for Broker-Dealers that will take
place in Washington D.C. on April 9.
The event is sponsored by the SEC's Office of
Compliance Inspections and Examinations in coordination with the SEC's Division
of Trading and Markets and the Financial Industry Regulatory Authority (FINRA).
It provides a forum for open discussions about effective compliance practices
for broker-dealers and will focus on topics of interest to compliance, risk,
and audit officers of large broker-dealers with multiple and complex business
lines.
"To be effective, compliance and ethics
programs cannot exist in silos. They need to be ingrained in the DNA of the
organization and the decision-making framework of the organization. They need
to be part of the way business is done," said Carlo di Florio, Director of
the SEC's National Examination Program. "Compliance and risk management
programs add tremendous business value. They protect the business. They enhance
the brand. They ensure that reputation is protected. Our National Compliance
Outreach Program is one of the ways that we try to support and enhance the
compliance and risk management functions of firms."
FINRA Member Regulation EVP Susan Axelrod
added, "FINRA is pleased to continue the partnership with the SEC to
provide this opportunity for broker-dealer compliance professionals and
regulators to foster two-way communication and work together to protect investors.
Given the pace of change in the industry, face-to-face meetings of this kind
are more valuable than ever."
For more information on the even, visit SEC to Hold National Compliance Event for Broker-Dealers
