The US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) will be discussing digital assets in their 2019 National Compliance Outreach Program for Broker-Dealers.
The event, which will be held on June 27 at the Federal Reserve Bank of Chicago, is designed to provide an open forum for regulators and industry professionals including compliance, audit and other senior personnel of broker-dealer firms and branch offices to discuss current compliance practices and promote an effective compliance structure for the protection of investors. The program will include a discussion of “hot topics,” such as digital assets and cybersecurity.
“As our regulatory program evolves to meet the challenges of new markets, new products and new rules, FINRA engages with member firms, compliance leaders and other regulators in meaningful discussions that enrich our regulatory efforts and provide broker-dealers with the tools and information needed to better serve investors,” said Mike Rufino, Executive Vice President and Head of FINRA Member Supervision—Sales Practice.
The program is sponsored by the SEC’s Office of Compliance Inspections and Examinations (OCIE), in coordination with the SEC’s Division of Trading and Markets and the FINRA. There is no cost to attend the event, but in-person attendance is limited to 250 on a first-come, first-served basis. There will be a maximum of four attendees per firm.
“We look forward to our continued engagement with industry professionals at this year’s National Compliance Outreach Program for Broker-Dealers,” said Peter Driscoll, Director of OCIE. “This event is a valuable opportunity for us to share our thoughts and observations from recent examinations and to listen to the insight.”
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