More than three years since the financial crisis erupted, there continues to be heightened regulation and enforcement of the securities laws - by the DOJ, SEC, CFTC, states and SRO’s. A number of significant rules have been promulgated in the last year to implement various provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, enacted in 2010, while other rules have been proposed but not yet finalized. The Dodd-Frank Act, and the rules implementing it, have significant implications for broker-dealers. At the same time, substantial enforcement activity has garnered record performance metrics, including increases in the number of actions brought and sanctions imposed. Consequently, broker-dealers and their compliance and legal personnel will continue to be presented with unique challenges in the coming year. This program brings together a distinguished faculty of regulators, industry experts and leading practitioners to discuss issues that will help you keep up with the changing landscape of the business and its regulatory oversight.
Lecture Topics [Total time 06:57:08]
Segments with an asterisk (*) are available only with the purchase of the entire program.
- Overview of Program and Current Issues* [00:02:23]
Carmen J. Lawrence, Neal E. Sullivan
- SEC, CFTC, DOJ and SRO Enforcement [01:38:07]
Carmen J. Lawrence, J. Bradley Bennett, Marc Berger, David Meister, Susan L. Merrill, Michael Osnato
- State Enforcement [01:32:45]
Neal E. Sullivan, Marc B. Minor, Joseph P. Borg, Abbe R. Tiger
- Luncheon Keynote [00:44:29]
Susan F. Axelrod
- Regulatory Update [01:00:42]
Henry Klehm III, James A. Brigagliano, Gerard S. Citera, Gregory Johnson, Nancy L. Swift
- In-House Lawyer Roundtable [00:58:50]
Colleen P. Mahoney, Ralph DeSena, Kay L. Lackey, Ilene B. Marquardt
- Compliance Officer Roundtable [00:59:52]
William R. Baker III, Alan M. Cohen, Christopher J. Mahon, Charles V. Senatore
The purchase price of this Web Program includes the following articles from the Course Handbook available online:
- Recent SEC Cases Against Regulated Entities & Individuals
Colleen P. Mahoney, Louis D Greenstein, Charles F Walker, Erich T. Schwartz
- SEC, CFTC, DOJ and SRO Enforcement Outline
Susan L. Merrill
- State Regulatory and Enforcement Panel
Joseph P. Borg, Neal E. Sullivan, Marc B. Minor, Abbe R. Tiger
- Market Structure Issues in the U.S. Equity and Options Markets
Annette L. Nazareth, Gerard S. Citera
- Changing Role of In-House Counsel
Carmen J. Lawrence
- Defending a Broker Dealer in SEC Investigations
William R. Baker III
- Index to Broker/Dealer Regulation and Enforcement 2012
Presentation Material
- State Enforcement
Neal E. Sullivan, Marc B. Minor, Joseph P. Borg, Abbe R. Tiger--(Invited)
- State Enforcement
Neal E. Sullivan, Marc B. Minor, Joseph P. Borg, Abbe R. Tiger--(Invited)
Co-Chair(s)
Speaker(s)
Susan F. Axelrod ~ Executive Vice President, Member Regulation-Sales Practice, FINRA
Marc Berger ~ Chief, Securities & Commodities Fraud Unit, United States Attorney's Office, Southern District of New York
Ralph DeSena ~ Director & Senior Counsel, Royal Bank of Canada
Kay L. Lackey ~ Managing Director/Senior Counsel, RBS Markets and International Banking
Christopher J. Mahon ~ Senior Vice President and Head of Broker-Dealer Legal and Regulatory, AllianceBernstein
Ilene B. Marquardt ~ Senior Deputy General Counsel and Managing Director, UBS Financial Services, Inc.
David Meister ~ Director of Enforcement, U.S. Commodity Futures Trading Commission
Marc B. Minor ~ Bureau Chief, Investor Protection Bureau, New York State Office of the Attorney General
Michael Osnato ~ Assistant Regional Director, Enforcement Division, U.S. Securities and Exchange Commission
Nancy L. Swift ~ Head of Markets Compliance (US), Deutsche Bank Securities Inc.
Abbe R. Tiger ~ Chief - Bureau of Securities, Division of Consumer Affairs, State of New Jersey, Office of the Attorney General
PLI makes every effort to accredit its On-Demand Web Programs and Segments. Please check the CLE Calculator above for CLE information specific to your state.
On-Demand Web Programs and Segments are approved in:
Alabama1, Alaska, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho*, Illinois , Iowa2*, Kansas, Kentucky*, Louisiana, Maine*, Mississippi, Missouri3, Montana, Nebraska, Nevada, New Hampshire4, New Jersey, New Mexico5, New York6, North Carolina8, North Dakota, Ohio8, Oklahoma9, Oregon*, Pennsylvania10, Rhode Island11, South Carolina, Tennessee12, Texas, Utah, Vermont, Virginia13, Washington, West Virginia, Wisconsin14 and Wyoming*.
Iowa, Mississippi, Oklahoma, and Wisconsin DO NOT approve Audio Only On-Demand Web Programs.
Minnesota approves live webcasts ONLY
The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement.
*PLI will apply for credit upon request. Louisiana and New Hampshire: PLI will apply for credit upon request for audio-only on-demand web programs.
1Alabama: Approval of all web based programs is limited to a maximum of 6.0 credits.
2Iowa: The approval is for one year from recorded date. Does not approve of Audio-only On-Demand Webcasts.
3Missouri: On-demand web programs are restricted to six hours of self-study credit per year. Self-study may not be used to satisfy the ethics requirements. Self-study can not be used for carryover credit.
4New Hamphsire: The approval is for three years from recorded date.
5New Mexico: On-Demand web programs are restricted to 4.0 self-study credits per year.
6New York: Newly admitted attorneys may not take non-traditional course formats such as on-demand Web Programs or live Webcasts for CLE credit. Newly admitted attorneys not practicing law in the United States, however, may earn 12 transitional credits in non-traditional formats.
7North Carolina: A maximum of 4 credits per reporting period may be earned by participating in on-demand web programs.
8Ohio: To confirm that the web program has been approved, please refer to the list of Ohio’s Approved Self Study Activities at http://www.sconet.state.oh.us. Online programs are considered self-study. Ohio attorneys have a 6 credit self-study limit per compliance period. The Ohio CLE Board states that attorneys must have a 100% success rate in clicking on timestamps to receive ANY CLE credit for an online program.
9Oklahoma: Up to 6 credits may be earned each year through computer-based or technology-based legal education programs.
10Pennsylvania: PA attorneys may only receive a maximum of four (4) hours of distance learning credit per compliance period. All distance learning programs must be a minimum of 1 full hour.
11Rhode Island: Audio Only On-Demand Web Programs are not approved for credit. On-Demand Web Programs must have an audio and video component.
12Tennessee: The approval is for the calendar year in which the live program was presented.
13Virginia: All distance learning courses are to be done in an educational setting, free from distractions.
14Wisconsin: Ethics credit is not allowed. The ethics portion of the program will be approved for general credit. There is a 10 credit limit for on-demand web programs during every 2-year reporting period. Does not approve of Audio-only On-Demand Webcasts.
Running time and CLE credit hours are not necessarily the same. Please be aware that many states do not permit credit for luncheon and keynote speakers.
If you have already received credit for attending some or the entire program, please be aware that state administrators do not permit you to accrue additional credit for repeat viewing even if an additional credit certificate is subsequently issued.
Note that some states limit the number of credit hours attorneys may claim for online CLE activities, and state rules vary with regard to whether online CLE activities qualify for participatory or self-study credits. For more information, call Customer Service (800) 260-4PLI (4754) or e-mail info@pli.edu.