SESSION 1: Conflicts of Interest: A Closer Look

Addressing conflicts of interest remains an area of regulatory focus and scrutiny.  Firms need to identify and address various types of conflicts.  This panel discussion will focus on Broker-Dealers and Investment Advisers with institutional and/or retail businesses, and the identification and treatment of conflicts of interest in light of applicable FINRA and SEC rules and interpretive guidance.  The session will help participants identify conflicts and review best practices for when to disclose, mitigate or eliminate conflicts.

Learning Objectives:

  • Identify common conflicts of interest, including vendor and client perspectives, according to the duties owed by BDs and IAs
  • Discuss Regulation Best Interest and draw on SEC Risk Alerts, FINRA guidance and a recent study of the North American Securities Administrators Association to discuss retail conflicts, as well as SEC OCIE alerts describing institutional conflicts for Investment Advisers
  • Discuss best practices for conducting a risk assessment to differentiate institutional and retail conflicts of interest
  • Determine whether the identified conflicts require disclosure, mitigation or elimination