NSCP Webinars: 5/1 – Emerging Technologies – Existing Regulations

Don’t miss this Webinar on Tuesday, May 1 at 3:00 pm EST


Innovation always outpaces regulation. This means that firms have a constant struggle to balance the fear of being left behind by market innovators against the risk of a regulatory action. Join us to understand how to analyze and implement emerging technologies in today’s regulatory framework.

Speakers include:

  • Buddy Doyle, CEO at Oyster Consulting, LLC
  • John (Jack) Hewitt, Partner at Pastore & Dailey LLC
  • Peter Antonucci, Managing Director, Pershing Technology, Pershing LLC, a BNY Mellon Company



MemberVoice: NSCP is meeting with SEC Chairman, Jay Clayton…

It’s time to let your voice be heard!


Last year, you helped us design and define our community vehicle “NSCP MemberVoice”, an anonymous and safe avenue for our Members to share their thoughts, stories, and experiences with regulators, and issues in complying with financial services regulatory requirements.

This year, we’re asking you to use it!

In preparation of our meeting with SEC Chairman, Jay Clayton, on May 21st we want to hear from you so that we can help tell your story.

  • Are there rules that are no longer meeting the objective of investor-protection, by reasonably efficient means, that you would like the SEC to review?
  • CCO liability is still an active topic in our Industry Forums – what’s keeping you up at night?
  • Looking ahead to the second half of 2018, what do you think the Commission needs to address?

You can feel confident that we are providing an outlet for you to voice your experiences without exposing you directly to the regulatory body.



NSCP Webinars: 4/10 – How To Manage Compliance Turnover And Remain Audit Ready

Don’t miss this Webinar on Tuesday, April 10 at 3:00 pm EST


Being prepared for the unexpected, including department turnover, is a challenge all CCO’s must anticipate.

Join us for this presentation that will explore:

  • Most Common CCO Turnover Scenarios
  • Where compliance breakdowns occur in a CCO continuity setting
  • Examples of good and bad CCO turnover planning
  • How to test for audit readiness in the face of compliance turnover
  • Impact of turnover on costs – knowing where everything is and how it works; costs for onboarding new staff
  • How CCO Turnover can present ongoing risks and future liabilities

How technology can help ease the compliance turnover transition



NSCP Quarterly Member Bulletin: A Look Back at Q1

For NSCP, the start of the year provides an opportunity to reprioritize the initiatives for the year ahead. As first quarter 2018 comes to a conclusion, we want to reflect on the many accomplishments of our Members and Volunteers over the past three months.


NSCP Currents: Podcast Episode Alert

Listen to our latest episode, “An Inside Look into the FinOp Role.” The article was written by Janice Parise, Partner of SDDco Group.

Your First line of Defense

With the trend towards more regulation, the FinOp is on the front lines, serving as an integral liaison with the FINRA coordinator on a day-to-day basis, the regulatory examiners during an exam, and the independent auditors. To be able to liaise effectively, the FinOp must be well versed in the firm’s activities, operations, and financial information. They need to be able to provide “color” and fully explain details regarding the firm’s activities and supporting documentation for financials and net capital computations.



View the recorded version of our Form ADV workshop

NSCP recently partnered with Kirkland & Ellis to conduct a series of in-person events discussing the new Form ADV requirements. NSCP would now like to offer you the recorded version of this great workshop.



NSCP Webinars: 2/27 – SEC’s Share Class Selection Disclosure Initiative Webinar

Don’t miss this Webinar on Tuesday,
February 27 at 4:00 pm EST

The SEC’s recently announced share class initiative is a dramatic new step in the SEC’s ongoing scrutiny regarding recommendations of mutual funds by registered investment advisers. Firms will want to consider whether they are eligible and wish to take advantage of the Initiative and self-report violations.

This webinar will provide some practical considerations and discuss:

  • Eligibility
  • Enforcement actions involving Rule 12b-1 fees and share class selection
  • Steps to take
  • Collateral consequences



NSCP Member Bulletin

Notice of Survey – Responses due by 3/31/2018

NASAA Survey Regarding Continuing Education for Investment Adviser Representatives

Investment adviser representatives play an important role in the financial lives of millions of Americans, yet unlike most financial services professionals they are not independently required to meet a continuing education requirement to maintain their licenses to work with investors.

State securities regulators are considering closing this investor protection gap by consulting with industry to develop a responsive and relevant continuing education program to help investment adviser representatives more safely and competently serve their clients.

NASAA and its members are in the early phases of this initiative and are conducting a nationwide stakeholder survey to determine the next phase of this important project, which could ultimately result in the adoption of a NASAA Model Rule regarding continuing education for investment adviser representatives (IAR-CE).

This type of regulatory initiative benefits greatly from extensive internal and external input. Your responses would inform any decision to move forward. Should a decision be made to move forward, the input gathered from internal and external stakeholders would help shape the method, format and content for the continuing education requirement.


NSCP Currents: Podcast Episode Alert

Just in time for Form ADV Updates, tune in to our most recent episode “The Sides of “May”: When is “May” Deemed False and Misleading” by Elizabeth M. Knoblock and Patricia Flynn

As we approach the Form ADV annual amendment season, we suggest you proactively scrub your disclosure documents for any potentially misleading uses of the word. Consider avoiding words like “may,” ”might” or “could,” when it is clear that the situation being disclosed already exists…”



NSCP Events: Speakers Announced

The Future of Compliance.

It’s what we’re talking about this Spring.

Regulatory Interchanges

Be heard. Your regional regulatory authorities assemble to field your questions, concerns and offer you the information you need to prepare for the year ahead.

Spring Conferences
Get the practical insights you need to tackle the issues of tomorrow.