Preparing for Compliance with FINRA Rule 2273

Preparing for Compliance with FINRA Rule 2273 Date: Thursday, December 8th, 2016, Time: 01:00 PM EDT | 10:00 AM PDT Duration: 60 Minutes

Speaker: Joel Beck

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Overview FINRA Rule 2273 becomes effective in November 11, 2016. The rule requires that broker-dealers provide an Educational Communication Related to Recruitment Practices and Account Transfers when a financial advisor seeks to solicit former clients from another firm to transfer their accounts to the new firm, and even in situations where there is no solicitation. The guidance on FINRA Rule 2273 requires that the educational communication be delivered at certain times depending on manner and timing of contact.

Why should you attend?

The educational communication, developed by FINRA requirements of Rule 2273, highlights issues for an investor to consider when evaluating whether to transfer accounts/assets to another firm, and may raise questions to be addressed by the financial advisor. Financial advisors and firm management should be prepared to address common questions that may arise from this communication.

Areas covered in the webinar Learn the requirements of FINRA Supervision Rule 2273 and identify how a firm can establish and enforce procedures to comply, avoiding regulatory actions for compliance failures.

Learning objective  Learn the requirements of training on FINRA Rule 2273  Identify possible best practices for use in your firm’s supervisory systems and procedures  Review FINRA’s guidance on applicability of the new rule  Be able to develop strategies for ensuring compliance with the Rule 2273, to help avoid regulatory action

Who will benefit     

Compliance Officers Operations Managers Broker-Dealer Sales Managers of Broker-Dealers Financial advisors considering making a transition to another broker-dealer

Speaker profile Joel Beck is an attorney with The Beck Law Firm, LLC in Lawrencevlle, Georgia. Mr. Beck’s practice focuses largely on broker-dealer and investment adviser compliance and regulatory matters, and he counsels individuals and firms on compliance issues, defends regulatory investigations, and assists financial advisors in career transitions.

Prior to establishing his firm in 2007, Mr. Beck spent a decade at NASD (now known as FINRA) in the Member Regulation and Enforcement departments

For more information, contact support @complianceglobal.us