1c. BD LAB – Best Practices for Testing, Supervision, and Surveillance (Intermediate - CLOSED) 

Effective supervision, monitoring, and testing are critical to determine the reasonableness of a compliance program and require careful planning.   Managing and deploying an effective program includes the ability to adapt as necessary to the changing regulatory environments.  In this lab, participants will take a hands-on learning approach to designing and implementing an effective program considering the evolution of technology and available resources.   

This session is closed to both regulators and members of the press.

The following learning objectives will be met using case studies, examples, group discussions, and other application activities:

  • Scope and develop a supervision and surveillance plan, that is flexible, but addresses core supervisory elements. 

  • Understand the effectiveness of allocating resources based on a risk-based framework. 

  • Review different testing methodologies.

  • Explore the criticalness of testing at the level of accountability and utilizing surveillance results, that may serve as an early warning of supervisory issues to inform priorities and remediation efforts.

  • Discuss and ensure the ongoing effectiveness of testing, supervision, and surveillance practices.


EXCLUSIVELY SPONSORED BY:

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1b. ALL LAB – Managing Conflicts of Interest and Employee Reporting Obligations (Intermediate - CLOSED)

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1d. BD – Interaction with the FINRA MAP Group on Rule 1017 (Intermediate - OPEN)