Know your Risk - Control your Risk: Understanding and Controlling Regulatory Risk
Thursday, February 25th, 2021
2:00 pm EST
Gain a better understanding of regulatory risk assessments, the regulator exam process and reasoning, so your firm can have more successful exams.
Our panel of former regulators and industry experts will help you:
- Learn how FINRA's Risk Assessments Impact Exam Frequency and Scope
- Assess your Firm's Risk
- Improve Regulatory Relationships
- Identify Steps to Impact Risk Assessments
- How to Make Your Compliance Program Audit Ready
Understanding what a regulator is doing and why is an important part of having a successful exam. Join our panel of former regulators and industry experts to learn how FINRA’s Risk Assessment approach is used.
Jeff joined Robert W. Baird in 1993. He has served as Baird’s Chief Compliance Officer since 2002. Prior to that, he worked ten years at Blunt Ellis & Loewi, as Assistant Compliance Director, and for two years at Kemper Clearing Corporation as Director of Internal Audit.
Jeff has served as a member of and was Chair of the Securities Industry Continuing Education Council, and is a former member of FINRA’s Series 14 Exam Committee. He served as a member and Chair of FINRA’s District 8 Committee from 2008-2011, and on FINRA’s Midwest Region Committee from 2017 - 2019. He is a member of SIFMA’s Compliance and Regulatory Policy Committee and the SIFMA Regional GC/CCO Roundtable.
Chip joined Global Relay in November 2020 as Executive Vice President - Compliance to ensure that Global Relay products, services and exemplary levels of customer service continue to meet and exceed the needs of current and prospective clients. Chip joined from FINRA where he was the Senior Vice President, Member Relations and Education. With over nineteen years of leadership experience with the Financial Industry Regulatory Authority, his responsibilities included maintaining and enhancing open and effective dialogue with FINRA member firms and overseeing FINRA’s Member Education area. Prior to joining FINRA, Chip spent six years as Vice President of Regulatory and Industry Affairs at American Express Financial Advisors, two years at the CFA Institute and he began his career as a senior examiner/investigator at the Virginia Securities Division.
Ed Wegener, Managing Director at Oyster Consulting, is an innovative compliance, risk management and supervisory controls expert. He has a deep understanding of Federal Securities Laws, the rules of self-regulatory organizations, technology optimization and risk mitigation. Prior to joining Oyster, Ed held several posts in FINRA, most recently as Senior VP and Midwest Regional Director. While at FINRA, he was responsible for Regional risk assessment, examination and investigation programs. Ed assisted in the development of FINRA’s risk-based examination program. He also developed and managed FINRA’s first Digital Asset and Cybersecurity examination programs.
As CEO of Oyster Consulting, Buddy has led the charge to create a successful organization belief that transforms experienced industry practitioners into consultants adding more value for our clients. Oyster helps our clients successfully start, grow and run their broker-dealers, investment advisors and exchanges. By focusing holistically on one industry, Oyster’s services have helped our clients become more profitable through revenue enhancements, optimizing how they use technology, and negotiating with service providers to achieve their best outcomes. Oyster’s outsourced compliance and CFO/FINOP teams provide excellent results helping our clients deliver products and services in a way that mitigates regulatory and financial risks. Buddy has also overseen the development of Oyster Solutions software. This software has created a 30% improvement in efficiency by organizing, integrating and automating governance, risk and compliance functions with a design that stays ahead of the accelerating pace of change.Register Today