News -

NASAA Annual Report Flags Cyber Risk, Investment Adviser Exam Deficiencies and Best Practices

Bates Research  |  06-11-20

NASAA Annual Report Flags Cyber Risk, Investment Adviser Exam Deficiencies and Best Practices

In its recently-released 2020 Investment Advisor Section Annual Report, NASAA highlights the growing concern by state regulators over cybersecurity preparation and practice. Based on firm examinations in 41 U.S. jurisdictions during the first half of 2019, NASAA found that cybersecurity deficiencies are on the rise. The issue has taken on new urgency in the wake of the pandemic. Bates takes a closer look in the full article.

Detail
CLE Webinar: Reg BI for Litigators - The New Game Changer

Events  |  06-10-20

CLE Webinar: Reg BI for Litigators - The New Game Changer

Join Bates Group Director and nationally recognized expert Bruce Cramer when he presents “Reg BI for Litigators.” Topics will include an overview of the SEC’s Reg BI and the Customer Relationship Summary (“Form CRS”), duties, conflict of interest, disclosure, and care obligations, Reg BI’s impact on FINRA’s retail suitability rule, potential claims, discovery, and more.

Detail
Bates Practice Leadership Insights: What AML Officers are Thinking About Now

Bates News, Bates Research  |  06-09-20

Bates Practice Leadership Insights: What AML Officers are Thinking About Now

Bates continues our practice leadership conversations this week with Edward Longridge, Managing Director of Bates Anti-Money Laundering and Financial Crimes Practice, for his views on the matters most pressing for AML officers right now, including coronavirus-related fraud, transaction monitoring, and third-party risk management. Here is a recap of our conversation.

Detail
New Capital Market Insights White Paper: Bear Markets, Black Swan Events and Volatility

Bates News, Bates Research  |  06-05-20

New Capital Market Insights White Paper: Bear Markets, Black Swan Events and Volatility

The first part of this year has been challenging for the equity markets. In March, the S&P 500 Index plunged into bear market territory as volatility soared to historic levels. The sudden appearance of a severe global pandemic is just the most recent example of a “black swan event” roiling the markets. In this paper, Bates Director and expert Greg Kyle examines in detail bear markets, black swan events, and volatility to gain some perspective on how the recent—or current?—bear market compares with historical periods.

Detail
CEO Message: Standing up to Racial Injustice

Bates News  |  06-04-20

CEO Message: Standing up to Racial Injustice

A message from Bates Group CEO Jennifer Stout

Detail
Oil-Related ETP Recommendations: FINRA Reminds Firms of Suitability and New Reg BI Obligations

Bates Research  |  06-04-20

Oil-Related ETP Recommendations: FINRA Reminds Firms of Suitability and New Reg BI Obligations

Concern about recommendations of complex financial products for retail investors has been at the center of the debate over changing standards for broker-dealers and investment advisers. With full implementation of the heightened Reg BI requirements less than a month away, FINRA issued a Notice reminding firms of their sales obligations when offering recommendations on complex oil-related ETPs. FINRA’s Notice provides an important case study not only as to the specific expectations of firms that trade oil-related ETPs, but also on how the self-regulator appears to be handling concerns about recommendations to retail clients of complex products in a volatile market. Bates takes a closer look in the full article, including what FINRA expects of firms and registered representatives.

Detail
Bates Group Partners with Linda Tuck Chapman and Ontala for Third Party Risk Management Services

Bates News  |  06-03-20

Bates Group Partners with Linda Tuck Chapman and Ontala for Third Party Risk Management Services

Bates Group is proud to announce our partnership with Ontala Performance Solutions, led by internationally acclaimed expert Linda Tuck Chapman, to expand Bates’ risk services to include the critical area of third-party risk management.

Detail
Introducing Bates Group’s Business Interruption Litigation Support

Bates News  |  06-02-20

Introducing Bates Group’s Business Interruption Litigation Support

Bates Group’s industry-leading insurance, forensic accounting and economic damages experts stand ready to assist Insurers and agents in the many challenges they face as result of pandemic-related business interruptions, including pre-litigation claims reviews and multi-faceted support should a matter proceed to litigation.

Detail
CLE Webinar: Employment Claims and Potential Economic Damages – What to Expect in the “New Normal”

Events  |  05-29-20

CLE Webinar: Employment Claims and Potential Economic Damages – What to Expect in the “New Normal”

Join Bates Group moderator Sheila Murphy and Managing Director A. Christine Davis, along with three accomplished employment lawyers as they explore and address employment-related litigation issues, including wage and hour and potential economic damages claims, stemming from COVID-19.

Detail
Reg BI & Form CRS Countdown: One Month to Go - Exams to Start July 1, 2020

Compliance and Regulatory Alerts  |  05-28-20

Reg BI & Form CRS Countdown: One Month to Go - Exams to Start July 1, 2020

The June 30th, 2020 implementation date for SEC Regulation Best Interest and the corresponding Customer Relationship Summary (Form CRS) is only one month away. At a recent SIFMA panel discussion covering a host of priorities amid COVID-19, FINRA legal, risk and supervision executives focused on some of the immediate concerns regarding Reg BI and Form CRS, including their examination focus and the suitability rule. Bates Compliance has the details.

Detail

Page 4 of 48 pages.

Alert

Get Bates Group News and Alerts in your Inbox

Sign Up Now

Contact Bates Group

Bates Group is with you every step of the way. Contact us today for more information on how our End-to-End Solutions can help your firm.

Contact Bates Group
Automat:ee