7a. ALL – Responding to Regulatory Investigations and Inquiries (Advanced)
When regulators identify matters that concern them, through examinations or otherwise, an investigation may be initiated to assess the facts and circumstances, ascertain whether any rule violations have occurred, and if enforcement proceedings or other actions are warranted. Compliance or legal personnel may be asked to assist or handle aspects of the firm’s response to the investigation. Investigations begin with notice by the relevant group or division at FINRA or the SEC. In this session, the panel will discuss best practices for compliance personnel when their firm is involved in a FINRA or SEC regulatory investigation. Using case studies, the panel will explore practical tips for managing the process and achieving the most favorable outcome under the circumstances. This session is open to regulators but closed to members of the press.
