10 Action Areas For CCOs

10 Action Areas For CCOs
Christopher Winn
10/30/15 4 PM EST
Live CPA IWI
Program Id: 101057539
3.5
Average Attendee Rating
Poor Average Excellent

On October 15, Andrew J. "Buddy" Donohue, Chief of Staff at the U.S. Securities and Exchange Commission, put Chief Compliance Officers at Registered Investment Advisers on notice by ticking off nine specific things CCOs need to nail down.

 

"If I were a Chief Compliance Officer," said Donohue, a regulator and financial industry executive for nearly 40 years, "I would consider my role in terms of the following categories:"

 

     Laws, Regulations and other Requirements

     Organization and Operations of the Firm

     Conflicts of Interest

     Clients of the Firm

     Compliance and Other Systems

     Policies and Procedures

     Markets and Business Practices

     Culture of the Firm

     What DON'T I know?

 

At this session, compliance operations consultants, Chris Winn and Conor Anderson of AdvisorAssist translate Donoghue's nine things into 10 action areas for CCOs:

  1. Regulatory requirements
  2. Firm organization and operations
  3. Identifying potential conflicts of interest
  4. Knowing the firm's clients
  5. IT compliance and firm-wide systems
  6. Firm policies and procedures, not boilerplate
  7. Forensic testing to "prove" systems work
  8. Market and business practice awareness
  9. Culture of the firm
  10. When you're a "Jack of all trades"

 

Chris Winn is founder of AdvisorAssist, a Boston-based management consulting firm serving investment advisory firms exclusively. AdvisorAssist manages start-up and transition supports compliance, practice management and technology for SEC and state registered investment advisers and broker-dealers. Registration, strategy, transition management, vendor selection, incubation, and compliance program design are among AdvisorAssist areas of strength.

This webinar is eligible for IMCA® CE credit.


More than 50 hours of CFP® CE credit and more than 100 hours of Investments & Wealth Institute® credit on replays available 24/7 to paying members ($120 annually) of
Advisors4Advisors.com. CPAs are eligible to receive CPE for attending live webinars only. To learn how to receive continuing professional education credit viewing webinar replays, please see our detailed instructions.

User reviews

32 reviews

 
(16)
 
(13)
 
(3)
2 stars
 
(0)
1 star
 
(0)
Rating 
 
 
3.5  (32)
Already have an account? or Create an account
View all reviews View most helpful
(Updated: October 29, 2015)
Rating 
 
 
5.0
Was this review helpful to you? 
(Updated: October 29, 2015)
Rating 
 
 
5.0
Was this review helpful to you? 
(Updated: October 29, 2015)
Rating 
 
 
4.0

Very good.

Was this review helpful to you? 
(Updated: October 29, 2015)
Rating 
 
 
5.0

I thought it was very succinct and extremely relative presentation.

Was this review helpful to you? 
(Updated: October 29, 2015)
Rating 
 
 
3.0
Was this review helpful to you? 
View all user reviews