This is a webcast of the live New York session.Why you should attend
In the aftermath of the financial crisis and recent scandals, and targeted examination and enforcement scrutiny, financial services firms’ corporate compliance and ethics programs are under intense observation. At this program, attendees will get a solid foundation in the relevant regulatory framework, as well as practical considerations regarding the design and implementation of such programs. A distinguished faculty of practitioners and regulators will review the major regulations and current examination and enforcement actions to give attendees a multifaceted perspective on requirements and best practices in this area.
What you will learn
- Who are the primary regulators and how do they interact?
- How are conflicts of interest identified and resolved?
- What practical considerations should be taken into account with respect to the integration of a compliance program within a financial services firm?
- What is the role of the Chief Compliance Officer and counsel advising the CCO?
- What are the major areas typically handled by financial services firms’ corporate compliance programs? Including AML, the Foreign Corrupt Practices Act, privacy, and codes of conduct
- What is the role of the lawyer and compliance officer with respect to risk assessments?
Who should attend
Attorneys practicing in the financial services industry will benefit from the program’s thorough grounding regarding the basic regulatory regime governing financial services firms’ corporate compliance programs. Legal and compliance personnel already working in the industry will also benefit from updates and practical advice that will serve as a refresher.
PLI Group Discounts
Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.
PLI Can Arrange Group Viewing to Your Firm
Contact the Groupcasts Department via email at groupcasts@pli.edu for more details.
Cancellations
All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.
All times are E.S.T.
Morning Session: 9:00 a.m. - 12:00 p.m. (E.S.T.)
9:00 Keynote Address
Amelia A. Cottrell, Associate Director, Enforcement, New York Regional Office, U.S. Securities and Exchange Commission, New York City
9:30 Laying the Foundation
- The changing regulatory landscape for financial services firms
- A look at the various regulators: Who's who?
- The role of the financial services firm's corporate compliance program
- Defining compliance versus supervision
- Handling violations: Self-reporting
Pete Feeley, Clifford E. Kirsch, Kathryn S. Reimann
10:45 Networking Break
11:00 Safeguarding Customer Information and Privacy
- GLB
- Fair credit reporting
- Customer identification
- Red Flags Rule
Tanya L. Forsheit
12:00 Lunch
Afternoon Session: 1:00 p.m. - 5:15 p.m. (E.S.T.)
1:00 Anti-Money Laundering (AML)
- One size does not fit all: Implementing an AML program appropriate for your business in today's economy
- Balancing a rigorous AML compliance program and customer/counterparty expectations
- Do's and don'ts of suspicious activity monitoring and reporting
- FCPA and OFAC: Leverage off your AML program
Lisa M. Belle, Brian C. Loutrel, Sung-Hee Suh
2:00 Corporate Political Activities; Pay-to-Play
- The role of the financial services firm's corporate compliance program
- Campaign finance laws: Restrictions on corporate contributions and campaigning on corporate premises
- Lobbying and gift laws: Increase of laws expanding registration and reporting requirements to government procurement; contingent fee bans; new placement agent bans; laws regulating gifts and meals provided to government officials and employees
Ki P. Hong
3:00 Networking Break
3:15 The SEC’s Whistleblower Rules
- A description of the SEC's rules
- How can companies encourage internal reporting?
- Practical compliance considerations regarding compliance programs and HR practices
Allegra J. Lawrence-Hardy
4:15 Foreign Corrupt Practices Act
- Conducting FCPA due diligence
- Recent enforcement activity
- Update on compliance trends
Sharie A. Brown, Cheryl J. Scarboro
5:15 Adjourn
Chairperson(s)
Speaker(s)
Peter Feeley ~ Corporate Chief Compliance Officer, Law Department, The Guardian Life Insurance Company of America
Ki P. Hong ~ Skadden, Arps, Slate, Meagher & Flom LLP
Brian C. Loutrel ~ Vice President & Chief Privacy Officer, New York Life Insurance Co. / NYLIFE Securities LLC
Kathryn S. Reimann ~ Managing Director and Chief Compliance Officer, Global Consumer, Citibank N.A. and Citi Holdings, Citi
Program Attorney(s)
PLI makes every effort to accredit its Live Webcasts. Please check the CLE Calculator above for CLE information specific to your state.
PLI's Live Webcasts are approved for MCLE credit (
unless otherwise noted in the product description) in the following states/territories: Alabama, Alaska, Arkansas, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho*, Illinois, Indiana
1, Iowa*, Kansas*, Kentucky*, Louisiana, Maine*, Minnesota, Mississippi, Missouri, Montana, Nebraska, North Carolina, North Dakota, New Hampshire*, New Jersey, New Mexico, Nevada, New York
2, Ohio
3, Oklahoma, Oregon*, Pennsylvania
4, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia
5, Virgin Islands, Washington, West Virginia, Wisconsin, and Wyoming*.
*PLI will apply for credit upon request.
Arizona: The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement.
Arkansas and Oklahoma: Audio-only live webcasts are not approved for credit.
1Indiana: Considered a distance education course. There is a 6 credit limit per year.
2New York: Newly admitted attorneys may not take non-transitional course formats such as on-demand audio or video 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.
3Ohio: To confirm that the live webcast 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 biennial 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.
4 Pennsylvania: A live webcast may be viewed individually or in a group setting. Credit may be granted to an attorney who views a live webcast individually. There is a 4.0 credit limit per year for this type of viewing. A live webcast viewed in a group setting receives live participatory credit if the program is open to the public and advertised at least 30 days prior to the program. Live webcasts viewed in a group setting that do not advertise at least 30 days prior the program will be considered "in-house", and therefore denied credit.
5Virginia: All distance learning courses are to be done in an educational setting, free from distractions.
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.
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, refer to your state CLE website or call Customer Service at (800) 260-4PLI (4754) or email: info@pli.edu.
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.