Is your day spent plowing through endless piles of messages, while policy violations may lie hidden in your data? How can you make daily review easier while – at the same time – ensure you are addressing topics that are of greatest interest to regulators?
Abstract: Today, compliance officers of financial services firms are challenged by information like never before. Data volume is doubling every 18 months and new forms of electronic communication emerge regularly, making supervisory review workloads untenable. At the same time, SEC/FINRA/IIROC regulatory scrutiny over supervisory compliance practices has never been higher, with stiff regulatory fines appearing in the news almost daily. Clearly, conducting review of today’s communications with tools designed 10+ years ago for email is not sustainable.
Join us and our special guest, Mitch Atkins, founder and Principal at FirstMark Regulatory Solutions, for a discussion of the issues impacting supervisory review, and how firms can re-focus efforts on the identification and mitigation of complex compliance risk. In this webcast you’ll learn:
- Common compliance risks faced by broker-dealers and their impact on FINRA priorities in 2016;
- How the growth of non-email is impacting compliance review;
- Emerging best practices in managing review volumes and conducting compliance surveillance
We will conclude with an overview of how Actiance can help review teams to be more efficient, while also leveraging surveillance capabilities to uncover patterns and relationships hidden within today’s communications.
Watch the Ondemand webinar now!
Mitch Atkins, Founder and Principal, FirstMark Regulatory Solutions, Inc
Mitch Atkins is Founder and Principal of FirstMark Regulatory Solutions, Inc., a compliance consulting organization based in Fort Lauderdale, Florida. His focus is complex problem solving for FINRA broker-dealers and registered investment advisers. Recent project focuses include cybersecurity compliance, FINRA membership applications, supervisory controls testing, non-traded REIT and variable annuity compliance, and anti-money laundering compliance testing. Before founding FirstMark in 2013, Mr. Atkins worked at FINRA (previously NASD) for 20 years where he was an examiner, examination manager, associate director, district director and ultimately, senior vice president and regional director. At FINRA he maintained overall responsibility for the four district offices comprising FINRA’s South Region (home to 850 brokerage firms). He oversaw the region’s routine inspection program, sales practice special investigations, financial surveillance and membership application programs. Mr. Atkins oversaw the development of innovative initiatives such as the National Anti-Money Laundering Investigative Unit in 2012. Mr. Atkins oversaw the successful startup of the Florida District Office of FINRA in 2005. Mr. Atkins frequently addresses financial services industry groups. He is a Certified Regulatory and Compliance Professional through the FINRA Institute at Wharton. He is a graduate of Louisiana State University and a member of the Florida Securities Dealer’s Association and the SIFMA Compliance and Legal Society. He volunteers as a judge for the SIFMA Foundation’s InvestWrite program national essay competition.
Robert Cruz, Senior Director eDiscovery & Information Governance, Actiance
Robert Cruz is Senior Director of Information Governance for Actiance, the leader in communications compliance, archiving and analytics. Mr. Cruz leverages more than 20 years of Silicon Valley experience in providing thought leadership on emerging topics including cloud computing, information governance, and Discovery cost and risk reduction. Prior to Actiance, Mr. Cruz was Senior Director of Information Archiving & eDiscovery for Proofpoint, Inc. Earlier in his career, Mr. Cruz served in a variety of management capacities at Electronic Evidence Discovery (EED), FileNet/IBM, BroadVision and Hewlett-Packard. Mr. Cruz holds an MBA degree from the Stanford University Graduate School of Business.