9a. BD/IA – Beware: State Rules May Impact Federally Registered Firms (OPEN)


Many investment advisory firms are regulated at the federal level by the SEC, there are state statutes and regulations that these SEC registered firms need to consider. A state securities regulator will provide key insights on state rules and requirements in this session. This session is for federally registered firms with retail accounts. This session is open to regulators and members of the press.
Advanced Preparation: None
Pre-requisites for participation: None
Learning Objectives:
• Examine NASAA model rules being adopted by many states and how they impact SEC registered firms
• Recognize helpful hints for finding individual state proposals and requirements to help your compliance program and ensure requirements are not missed to achieve compliance
• Understand the ever-changing privacy/data protection statues and regulations, including reporting requirements
• Discuss other key focus areas for state regulators, including fiduciary obligations, protecting seniors, standardizing fee disclosures

Panel                        Program Level: Intermediate Date: October 23, 2019 Time: 9:45 am - 10:45 am Joseph Brady Melanie Senter Lubin John Monical