NSCP Quarterly Member Bulletin: First Quarter 2021

A Look at What We Accomplished Together in the First Quarter of 2021

NSCP in Action

As the first quarter of 2021 concludes, we want to reflect on the many accomplishments of our Members and Volunteers over the past three months.

So what happened?

Our updated Events website features upcoming 2021 NSCP Educational Seminars and Regulatory Interchanges. Learn more about these events featuring descriptions, speaker info and more.

Our members discussed these topics in the Compliance Forum: 

  • Client Commission Arrangements under Section 28(e) of the Exchange Act
  • Mutual Fund Share Class Analysis
  • Foreign Language E.comm Surveillance and Expert Network Chaperoning
  • SEC Focusing on IRA Distributions During Examination
  • State Registration of Supervisors

Topics from our monthly Broker-Dealer and Investment Advisor Forum touchpoints included:

  • Social Media Archiving & Employee Individual Pages
  • Offering an ‘Unsubscribe’ Option in Marketing Emails
  • New Advertising, Marketing and Solicitation Rules. Allowing Paid Endorsements and Testimonials.

This quarter’s Municipal Advisor and Private Funds Forum touchpoints discussed:

  • ERA Converting to SEC Registrant – To File or Not To File Form PF?
  • SEC Releases 2021 Examination Priorities

As always – our priority is YOU. With the support of our working Committees, we are reviewing and redefining the experience our Members have on their professional journey. At our core, NSCP remains dedicated to creating a professional community,  “For Compliance – By Compliance.”

It’s amazing what we can accomplish when we crowdsource the collective expertise from peers. Join the conversation. Join Us.

NSCP Celebrates Women’s History Month 2021

March commemorated the observance and celebration of the vital role of women in American history. NSCP honors this month by sharing leadership lessons and workplace insights that Compliance professionals everywhere can learn and grow. There have been numerous books written on successful women in the financial services industry.  The books referenced below exemplify a small sampling and are not intended as recommendations by NSCP’s Diversity and Inclusion Committee.

Time Management:

Drop The Ball
Achieving More By Doing Less
By Tiffany Dufu

Buy at Amazon.com


Workplace Dynamics:

The Likeability Trap
How to Break Free and Succeed as You Are
By Alicia Menendez

Buy at Amazon.com


Communications Skills:

Radical Candor
By Kim Scott

Buy at Amazon.com




Everything Is Figureoutable
By Marie Forleo

Buy at Amazon.com



Leadership Lessons:

Act Like a Leader, Think Like a Leader
By Herminia Ibarra

Buy at Amazon.com



Confidence Building:

Brave, Not Perfect
Fear Less, Fail More, and Live Bolder
By Reshma Saujani

Buy at Amazon.com


Advice for Managers:

The Making of a Manager
What To Do When Everyone Looks To You
By Julie Zhou

Buy at Amazon.com



Professional Troublemaker
The Fear-Fighter Manual
By Luvvie Ajayi Jones

Buy at Amazon.com


The National Society of Compliance Professionals is a nonprofit, membership organization dedicated to serving and supporting the compliance professional in the financial services industry. NSCP is for compliance, by compliance. NSCP membership provides financial services compliance professionals with a wide range of resources including a community of like-minded peers, continuing education to further their knowledge and specialized skills, and regulatory involvement through representation of compliance interests.

NSCP Events You Don’t Want to Miss!

Gain valuable insight and practical tools
to enhance your compliance skills.

Be Our Guest at the New NSCP Blockchain & Fintech Roundtable

NSCP Invites You to Join Our First Virtual Meeting:
May 18th at 12:30 PM Eastern
(3rd Tuesday, Monthly for NSCP Members)

Compliance for the future of finance.
April focus: SEC Risk Alert regarding digital assets & recent enforcement cases.

NSCP Members and Guests (for a limited time) will receive:

  • Benchmarking & candid Q&A
  • Insights into regulatory expectations
  • Help with implementation challenges
  • Regulator education via NCSP credibility & network

Strengthen Your Compliance Program By Attending These Two Virtual Sessions

March 18th (1-4 PM, EST)

Gain knowledge, insight and practical tools
from industry experts sharing their
wisdom and best practices with you!

March Madness – Register for NSCP Seminars and Webinars

March 9:
Regulatory Interchange Webinar
Featuring FINRA

March 18:
Educational Seminars on:
Conflicts of Interest
Hot Topics in Compliance

Register now to reserve your seat for these two virtual events

Register for Regulatory Interchange Webinars – Free for Members!

Featuring Regulators from:
FINRA – March 9th
SEC – May 11th
DOL – June 8th
NASAA – July 20th

Receive insight and understanding directly from regulatory speakers on important compliance topics.

NSCP Members attend for free – but must pre-register for each event! Non-member registration is $100.

NSCP’s Diversity & Inclusion Committee Wants to Help You

NSCP Diversity and Inclusion

The Diversity and Inclusion Committee is gathering information anonymously from NSCP membership about your firm’s diversity, equity and inclusion (“DEI”) initiatives, interests and needs. Our goal is to use your firm’s information to determine where our membership is with their DEI initiatives and interests and to determine ways in which NSCP and our Diversity and Inclusion Committee are able to assist you in implementing DEI programs in your firm. Thank you for taking to the time to participate in this five-minute survey.

Don’t Miss Our February 18 and April 21 Seminars!

• February 18 (1pm EST) – “Make it Matter: Effective Risk Management”
• April 21 (1pm EST) – “Incorporating SEC & FINRA Exam Priorities into Your Compliance Program”

Valuable content with practical application for your compliance program. Though on different dates, these two seminars are packaged at one registration price.

Apply for the NSCP Compliance Scholarship Today

We have established the NSCP Compliance Education Scholarship in memory of those members who have passed. Their dedication and contributions make up the foundation of the NSCP organization and its continued success.

The NSCP Compliance Education Scholarship is designed to benefit those professionals who are new to the securities compliance industry by offering educational tools to enhance their knowledge and skill sets.