Independent Broker Dealer Consortium

REGULATION BEST INTEREST WEBINAR:

How to prepare for the june 30 reg bi implementation

Date: June 3, 2020
Time: 2:00 pm
Where: Zoom Screen From the Comfort and Safety of your home
Past Webinar
IBDC-consulting
SEC’s new Regulation Best Interest (Reg. BI) takes effect on June 30, and requires all registered broker-dealers to implement complex new compliance and education procedures to revamp their communications with and service of retail customers. The new regulations require firms to design and circulate new disclosure documents, including form CRS for broker-dealers and Form ADV-3 for investment advisers. In addition, the term “adviser” may no longer be used by registered representatives who are not dually-registered as IARs. What should broker dealers and investment advisers be doing to become compliant with the new regulations, which require disclosure and mitigation of conflicts of interest and other changes in the way many firms do business? While many larger firms have staffs of compliance professionals and in house lawyers supervising the design of new CRS forms and Reg BI-compliant sales practice manuals, this interactive 90 minutes webinar is specifically targeted for independent broker-dealers and smaller investment advisers.
Best Interest Definition (or lack thereof)
Roadmap Document
General Obligation
Disclosure
Care
Conflicts of Interest
Compliance
Rule-Compliance P & Ps
BD vs RIA vs Dual Registrants
Products & Conflicts
Implementation Strategies
Training
Coordination with Impacted Business Process Owners
Recordkeeping Implications
Form CRS Development & Distribution
Evidencing Compliance
Balancing a “wait and see” approach with appropriate/right-sized proactively based on risks and operational capabilities
10 Tips on how not to get sued!

WEBINAR PRESENTERS

mitch-avnet-4-500x500

Mitch Avnet

founder and Managing Partner
kaitlyn-gibbs

Kaitlyn Gibbs

Associate Director, Client Advisory and Regulatory Research
ARIE-SMITH

ARIE SMITH

ASSOCIATE
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