The SEC recently published its 2024 exam priorities, highlighting key examination and compliance priorities in relation to the many areas, including regulation best interest and investment advisers. Later in the fall, the SEC’s enforcement branch reported 784 actions, with nearly US$5 billion in fines, painting a clear need for action for the 2024 year.

As wealth firms prioritize their 2024 compliance plans, join us for an insightful webinar on the 12th of December, where we will host the industry’s foremost experts from Bates Group, Alphastar Capital, Docupace, InvestorCOM and Scopus Financial Group to discuss:

• Convergence of best interest principles across Reg BI and DOL’s Fiduciary requirements.
• Investment advice is provided to clients across products, strategies, and account types.
• Processes for determining the investment advice provided in the client’s best interest.
• How technology can be a key asset in considering reasonably available alternatives (RAA) products, account type and rollover recommendations.

Meet the speakers
Tom Selman: With over two decades of regulatory leadership and expertise, Tom Selman served as FINRA’s Executive Vice President for Regulatory Policy and its Legal Compliance Officer. A prolific author, commentator, and expert in financial services regulation, Mr. Selman led many FINRA departments, including FINRA’s department of advertising regulation, department of corporate financing, and office of disciplinary affairs. Mr. Selman holds a CFA charter and is a member of the Board of Directors of the CFA Society Washington DC.

Armin Sarabi: As Chief Compliance Officer, Armin is responsible for the oversight of Alphastar’s compliance program, establishing standards and implementing procedures to ensure that the compliance programs throughout Alphastar are effective and efficient in identifying, preventing, detecting and correcting noncompliance with applicable laws and regulations. As general counsel, Armin is responsible for providing legal advice and counsel for all legal matters related to Alphastar’s general business.

Rhonda Davis: Rhonda Davis is the Managing Director of the Compliance Practice at Bates Group. She joined Bates Group in 2021 and is based in Houston, Texas. Prior to joining Bates, she founded Cobia Compliance LLC in 2009 to provide regulatory and consulting services to broker-dealers and investment advisers and specialises in AML independent testing, FINRA 3120 testing, and annual Rule 206(4)-7 testing for investment advisers. Ms. Davis also assists with FINRA membership applications, continuing membership applications, and winding down operations. Other services she provides include assisting with FINRA and SEC examinations and examination responses, and litigation support for broker-dealers and investment advisers.

Robert McGill: Robert McGill is the President of Compliance and Compensation at Docupace. Robert has over 40 years of experience in the financial services industry, most recently at jaccomo where he was the Founder and President from 2000-2021. At jaccomo, Robert built and marketed jCore to the retail financial services industry. Acquired by Docupace in May 2021, jaccomo brought its expertise in compliance, data integration, adviser compensation, and financial reporting into Docupace’s back office automation and workflow platform. Before founding jaccomo, Robert was with Accenture, a management consulting practice from 1982 to 1999, moving from Staff Analyst to Associate Partner with a focus on Just in Time manufacturing practice, electronics and high tech, SAP implementation, and consumer packaged goods strategy.

Parham Nasseri: Parham Nasseri has spent his career translating complex regulatory requirements into technology solutions that improve investor and adviser outcomes. He has over 15 years of regulatory and wealth management experience, including senior roles in regulatory analytics, digital transformation, and investment analytics. Parham currently serves as Vice President of Product and Regulatory Strategy at InvestorCOM, a leading software solutions provider for the financial services industry. He serves on several advisory boards, including Ontario Securities Commission’s Investor Advisory Panel, CFA Societies’ Canadian Advocacy Council, The Canadian RegTech Association, and Junior Achievements of Central Ontario. He is also the host of the Wealth Compliance Leaders series.

Register here!