Tracy Gerber, Greenberg Traurig
• Building leadership skills and experience
• Identifying and embracing career opportunities
• Importance of building a strong professional network
• Navigating common barriers on the path to senior management
• Making the most of the SIFMA C&L Annual Conference as a future leader/new participant
MODERATOR:
Noel Barnes, Commonwealth
PANELISTS:
Sara Carlesimo, Citadel
Lucas Moskowitz, Robinhood
Michelle Oroschakoff, Focus Financial Partners
Noel Barnes, Commonwealth
PANELISTS:
Sara Carlesimo, Citadel
Lucas Moskowitz, Robinhood
Michelle Oroschakoff, Focus Financial Partners
Sponsored by Debevoise & Plimpton
Charitable Activity Sponsored by King & Spalding
Pick up your badge and head to the Exhibit Hall to meet with our exhibitors and for live music and welcome refreshments!
While you're there, roll up your sleeves and make a "Hope Pack" for Carrying Hope, a local nonprofit that supports the Austin foster care system. These backpacks are brimming with comfort items and essentials designed to meet the needs of newborns through teens during the first 24-48 hours in foster care.
Designed for first-time attendees but open to all, come join this interactive networking reception featuring a panel with industry experts. Hosted by the Future Leaders of the SIFMA C&L Society.
• Building leadership skills and experience
• Identifying and embracing career opportunities
• Importance of building a strong professional network
• Navigating common barriers on the path to senior management
• Making the most of the SIFMA C&L Annual Conference as a future leader/new participant
Noel Barnes, Commonwealth Financial Network
Sara Carlesimo, Citadel Securities
Lucas Moskowitz, Robinhood
Michelle Oroschakoff, Focus Financial Partners
Scott Kursman, IntelligentCross
Andrew Stemmer, Deutsche Bank
Saima Ahmed, SIFMA (remarks as prepared for delivery)
The Alfred J. Rauschman Award is presented annually to a candidate who has demonstrated significant contributions to the compliance and legal communities, promoted open communications among industry practitioners to share ideas and issues, fostered dialogue and communications with regulators and dedicated their career to the securities industry.
• Crypto assets - communicating with clients and identifying red flags
• Meeting enhanced cybersecurity regulatory expectations
• Regulatory considerations related to the use of AI
• State regulatory enforcement trends
Tracy L. Gerber, Greenberg Traurig
Adam Algaze, Oppenheimer & Co.
Julie K. Glynn, FINRA
Akiko Yamahara, Citi
New for 2025!
• Sign Here Rookie: Navigating the Complexities of Client Onboarding and Practice Management
• Moneyball: Creating the Optimal Operations, Technology, and Compliance Infrastructure
• Calling Balls and Strikes: The Role of Supervision at the Dual Registrant
• The Commissioner’s Office is Calling: Managing Exams with the SEC, FINRA, and the States
Darya Geetter, UBS
Noreen A. Kelly, McGuireWoods
J. Curtis McCubbin, D.A. Davidson
Michael Moran, Charles Schwab
This session is also available on Monday (MB).
• New Administration, New Priorities: Changes in Regulatory and Criminal Enforcement
• Crypto, Cyber, AML, Sanctions and other current enforcement issues
• Whistleblower programs and enforcement
• Self-Reporting and Cooperation Credit: What is it really worth?
Elaine Mandelbaum, Interactive Brokers
Geoffrey S. Berman, Fried Frank
Susanna M. Buergel, Paul Weiss
Joon H. Kim, Cleary Gottlieb
Samantha Schreiber, Morgan Stanley
• Regulatory expectations and best practices in enterprise-wide compliance risk governance frameworks
• Lessons learned in compliance monitoring, testing, and training
• Managing varying regulatory standards across Prudential Regulators and its Global Impact
• Regulatory expectations in BSA/AML and Third Party Risk Management
Priscilla Molina, RBC Capital Markets
Navit Jackson, Charles Schwab
Marla Moskowitz-Hesse, Wells Fargo
Jeffrey P. Taft, Mayer Brown
• Leading through change, including organizational transformations, global expansion, operational maturity and talent development
• Managing strategic priorities and objectives in a continuously evolving litigation, enforcement, investigation, and political landscape
• Tips for relationship success: Defining and managing roles and responsibilities across compliance, legal, risk and outside counsel
• Relationship failures and how to recover from them
Jay Haines, Fidelity Investments
Brian Baltz, Willkie Farr & Gallagher LLP
Kevin Carroll, SIFMA
William Givens, Morgan Stanley
Alicia Goldin, FINRA
• Hot Topics
• Leveraging Technology and AI to support internal Legal and Compliance teams
• How Legal and Compliance work best together (e.g. board matters, overall risk reduction, sanctions)
• Global Firms: Best practices for managing integrated Legal and Compliance teams across geographical regions (e.g. function centralization, regional regulators, offshore teams)
• Vendor relationships
• Understanding, prioritizing and managing BCP/resiliency for critical vendors
• Hiring Consultants can be painful: When does it really make sense?
• Outside Counsel: Expense management and best engagement practices
Elizabeth Waggoner, Morgan Stanley
David L. Goldberg, Katten Muchin Rosenman LLP
Lisa Hershey, DTCC
Adam Meshel, Citigroup Inc.
New for 2025!
• SEC Enforcement Trends in light of RR Donnelly and SolarWind
• Protecting your CISO from liability
• New SEC Cyber rules for BDs and RIAs
• Latest trends in threat landscape and incidents response
• Compliance and Legal: how to delineate roles for each function in the cyber realm
• Cybersecurity & AI
Chris Kelly, CSG Law
Ryan Burch, LPL Financial
Stephen Byron, SIFMA
Kelly Harris, UBS
Erez Liebermann, Debevoise & Plimpton LLP
• New rules and proposals under BSA, CTA, EU AML and potential impact.
• The evolution of global sanctions regimes and touchpoints to the securities industry
• Keeping up with and getting ahead of US sanctions programs expectations and complexities
• Sanctions enforcement: recent enforcement actions, increase in criminal cases and key takeaways
Jim Fiebelkorn, Edward Jones
Sarah D. Green, Vanguard
Adrienne Kosta, Fidelity Investments
Aseel M. Rabie, Debevoise & Plimpton LLP
Dominic Valentino, Oppenheimer & Co.
This session is also available on Monday (MC).
• Analysis of the currently robust enforcement environment, including market-wide “sweep” investigations and the expanded use of whistleblower incentive programs
• Best practices for obtaining self-reporting, cooperation and remediation credit based on evolving guidance from regulators and recent precedent
• How to conduct internal investigations in parallel to enforcement inquiries and remediation efforts
• Strategies for coordinating overlapping and follow-on regulatory investigations to obtain relatively favorable global resolutions
Justin Alfano, Deutsche Bank
Tony Byrne, LPL Financial
Erica Crosland, Robinhood
Robert Houck, Clifford Chance
Gina M. Parlovecchio, Mayer Brown
• Leading through change, including organizational transformations, global expansion, operational maturity and talent development
• Managing strategic priorities and objectives in a continuously evolving litigation, enforcement, investigation, and political landscape
• Tips for relationship success: Defining and managing roles and responsibilities across compliance, legal, risk and outside counsel
• Relationship failures and how to recover from them
Althea Brown, LPL Financial
Stephen T. Gannon, Davis Wright Tremaine
Emily P. Gordy, King & Spalding
Kate Ring, Stash Financial
Tom Torrisi, Morgan Stanley
New for 2025!
• What to expect from Enforcement in 2025
• Evolving regulatory landscape for emerging technologies (AI, crypto)
• Past enforcement issues and whether they will continue to be prioritized under the new administration: failure to fully and promptly remediate, AML, cyber
Mojan Foroutan, Interactive Brokers
Todd Beaton, McGuireWoods
Elizabeth Lan Davis, Davis Wright Tremaine
Erika Engelson, Deutsche Bank
Jennifer Sunderlin, Ernst & Young
• Similarities and differences between Reg BI, Advisers Act, DOL & state standards
• Compliance challenges and best practices for handling conflicts between regulations
• Lessons from exams and enforcement
• Industry legal challenges to proposed and final regulations relating to standards of care
Alisha Telci, Ameriprise Financial
Carrie Bechtold, Wells Fargo
Valerie Mirko, Armstrong Teasdale
Allison Rhodes, Stephens Inc.
Joseph Savage, FINRA
This session is also available on Monday (MA).
• New Administration, New Priorities: Changes in Regulatory and Criminal Enforcement
• Crypto, Cyber, AML, Sanctions and other current enforcement issues
• Whistleblower programs and enforcement
• Self-Reporting and Cooperation Credit: What is it really worth?
Elaine Mandelbaum, Interactive Brokers
Geoffrey S. Berman, Fried Frank
Susanna M. Buergel, Paul Weiss
Joon H. Kim, Cleary Gottlieb
Samantha Schreiber, Morgan Stanley
• Developments in Capital Markets Deal Execution: T+1 Settlement Cycle, Testing-the-Waters by Ineligible Issuers, Terminating Debt Syndicate, and Increased Focus on What Constitutes a “Fundamental Change” in Context of Shelf Registration Statements
• China Outbound Investment Rules and Impact on Capital Markets Transactions
• MNPI Considerations in Private Markets
• Recent Decisions: Omissions under Rule 10b-5, Shadow Trading
• Proposed Amendments to FINRA Rules 5110, 5121 and 5123
• M&A and Corporate Governance Developments
Shanna Green, Jefferies
Joseph Corcoran, SIFMA
Michael Kaplan, Davis Polk
Patrick Moran, Goldman Sachs
Thomas Yang, Bank of America
New for 2025!
• Practical Applications for AI in Litigation: From e-discovery to trial prep, explore how AI tools can streamline processes and enhance outcomes.
• Risks and Challenges: Consider issues around accuracy, reliability, and other risks for AI tools, and discuss strategies to mitigate liability.
• Ethical Considerations: Examine recent ethical guidelines, emerging court rules, and real-world examples of challenging situations, in addition to ways to minimize ethical risks when using AI as attorneys.
• Impact on Legal Practice: Debate how AI might reshape training junior lawyers, empower in-house legal teams, and alter client expectations.
• The Future of Litigation: Discuss how AI innovations will shape the future of dispute resolution.
• How to Keep Up: Hear various strategies for busy litigators to stay on top of AI developments.
Peter Isajiw, Clifford Chance
Jessica Escalera, HSBC
Rosalynn Hsu Cormier, Vanguard
Andrew Goodman, QuisLex
David M. Levine, Torridon Law
• The evolution of self-directed investor, needs, priorities, and expectations
• The expansion of products and services on self-directed platforms
• Regulatory impact of emerging technology on self-directed platforms
Tim Donahue, Vanguard
Scott Litvinoff, Interactive Brokers
Nick Losurdo, Goodwin Law
Karim Lynn, Fidelity Investments
• New and notable FINRA and SEC examination priorities (including those from the FINRA and SEC annual reports)
• Best practices for effective regulatory exam and inquiry management
• Managing regulatory findings, undertakings to regulators, and related enforcement risk
Ryan Lester, Goldman Sachs
Matt Applebaum, LPL Financial
Brenda Lee, WilmerHale
Stephanie Mumford, T. Rowe Price
Michael Solomon, FINRA
• Understanding enforcement priorities
• Navigating interactions with enforcement
• Enforcement during periods of transition
• What to expect in the next four years
Sara Raisner, A&O Shearman
George Canellos, Milbank LLP
Andrew J. Ceresney, Debevoise & Plimpton LLP
Susan Schroeder, WilmerHale
Jamie McDonald, Sullivan & Cromwell LLP
• SEC Priorities & Enforcement in Cybersecurity & Privacy
• Regulation and Legislative Trends
• Privacy and AI
• Privacy Beyond CCPA and GDPR
• Cybersecurity Risks and Threat Landscape
Amy Purcell, Vanguard
Andy Cadel, Morgan Stanley
Laura D'Allaird, SEC
Ryan Doherty, Charles Schwab
Fran Faircloth, Ropes & Gray LLP
• Preserving Privileges and Protections when Dealing with Regulators
• Handling Confidential Client Information in Hybrid Work Arrangements
• Inadvertent Reply All Or Misdirected Emails
• Issues When Using Non-Lawyers in Internal Investigations
John Ayanian, McGuireWoods
Gianluca Morello, Raymond James
Gina Petrocelli, FINRA
Jason S. Pinney, Morgan Lewis
Leigh Shea, Charles Schwab
• Evolution of regulations and industry posture toward fraud and elder exploitation
• Stories from the front lines exploring common scams and fraud
• Tactics being deployed by firms to discover, mitigate, and prevent financial fraud
• Research & collaboration between industry and regulators
• Highlight opportunities and gaps where continued improvement is needed
Michael Duff, Edward Jones
Marin E. Gibson, SIFMA
Andrew M. Hartnett, Iowa Insurance Division
Lara S. Mehraban, Sidley Austin LLP
Alan Smith, Janney Montgomery Scott LLC
• Reg BI Adoption & Evolution
• Enforcement Actions
• Four Pillars of Reg BI
•Governance
• Conflicts
• Compliance
• Care
Joe Earnhardt, Charles Schwab
Abigail Armstrong, Commonwealth Financial Network
W. Hardy Callcott, Sidley Austin LLP
James Nix, NASAA Illinois
• Managing Conflicts of Interest
• Protection of Confidential / Material Non-Public Information
• Artificial Intelligence: Use and the Compliance Considerations
• Recent Developments
Christopher Auletta, UBS
Catherine M. Clarkin, Sullivan & Cromwell LLP
Darian Futrell, Goldman Sachs
C.B. Richardson, Citigroup Global Markets, Inc
• A look-back at regulatory developments in 2024, including:
• T+ Settlement go-live
• Attempts to broaden the definition of Broker - dealer
• What we can reasonably expect from a regulatory perspective in 2025, including:
• Mandatory clearing of US Treasury securities
• Proposed acceleration of fixed income security trade reporting
• Topics of regulatory uncertainty heading into 2025 and beyond.
Robert Toomey, SIFMA
Ashley Belich, RBC Capital Markets
James Burns, Cleary Gottlieb
Angie Karna, Nomura
Eric Kriftcher, Bank of America
• What should you think about when deciding to litigate versus settle
• Managing the timing of key decisions and milestones
• How to maintain a constructive relationship with your regulator while litigating
• Keeping leadership and internal stakeholders aligned with the strategy
• Potential conflicts and misalignment with current and former employees
Beth Morgenstern, TD Bank
Meredith Friedman, HSBC
Andrea Griswold, Skadden
Adam Schwartz, A&O Shearman
Kory Wilmot, Citi
• Leveraging AI for content creation, directed sales efforts, and personalized communications
• Benefits and risks of deploying AI in sales and marketing
• Current regulatory, examination, and enforcement focus on AI in advertising
• AI governance, compliance controls, and vendor management
Stephen R. Bard, Wells Fargo
Lisa Francomano, UBS
Jennifer Klass, K&L Gates
Julie Richmond, Fidelity Investments
New for 2025!
• Compliance and legal considerations related to account opening, maintenance, and client engagement
• Unique risks and considerations related to complex trading strategies
• Overview of the current and future regulatory landscape
Matt Colongeli, Morgan Stanley
Candice Gilman, SoFi Invest
Ashley Hulting, Robinhood
Emily Renshaw, Morgan Lewis
This session is also available on Monday (MA).
• Analysis of the currently robust enforcement environment, including market-wide “sweep” investigations and the expanded use of whistleblower incentive programs
• Best practices for obtaining self-reporting, cooperation and remediation credit based on evolving guidance from regulators and recent precedent
• How to conduct internal investigations in parallel to enforcement inquiries and remediation efforts
• Strategies for coordinating overlapping and follow-on regulatory investigations to obtain relatively favorable global resolutions
Justin Alfano, Deutsche Bank
Tony Byrne, LPL Financial
Erica Crosland, Robinhood
Robert Houck, Clifford Chance
Gina M. Parlovecchio, Mayer Brown
• Current regulatory expectations
• Evolution of tools, including incorporation of AI
• Specific issue areas/themes: voice and video; off-channel communications; cross-border and foreign language
Maura Miller, UBS
Hane L. Kim, SEC
Amy Longo, Ropes & Gray
Aleksandra Radakovic, J.P. Morgan Chase & Co.
Chris Sherlock, Ameriprise Financial
Daniel Veale, Citigroup
All Seminar attendees are invited to join this luncheon where we will hear from a noted industry leader on her career and perspectives on the industry.
Kristin N. Johnson, Commissioner, U.S. Commodity Futures Trading Commission
Celeste Koeleveld, Clifford Chance
DWT Partners Bob Howard and Barry O’Connell, along with Of Counsel Russell Fecteau, will offer insights into new priorities, process changes, pending litigation and rule changes at the SEC and FINRA—all with a view towards advocating for clients in front of new SEC leaders (and existing FINRA leaders) based on what we know so far. Among other subjects, the DWT team will unpack how historical public statements or dissenting opinions may translate into new rule making or enforcement trends; offer views on new Directors and Unit Chiefs (what do their backgrounds tell us?); predict where pending rule proposals and court challenges might land (e.g. securities lending and short sale rule proposals, SLATE, TRACE and muni-bond trade reporting, etc.); and provide reactions to recent court cases including the D.C. Cir. Opinion in Alpine Sec. Corp. v. FINRA and the appeal to the Third Cir. in Blankenship v. FINRA.
Russell Fecteau, Davis Wright Tremaine
Bob Howard, Davis Wright Tremaine
Barry O’Connell, Davis Wright Tremaine
Sponsored by KPMG
Explore the forthcoming changes and implications of the Marketing Rule in wealth management during this focused session where we’ll discuss the rule’s nuances and its impact on advertising and solicitation activities. The discussion will address how firms can adapt their marketing strategies to remain compliant while effectively reaching and engaging clients.
Daniel Haff, Insight Investment
Jonathan Matthews, Wealthfront Inc.
Mark McKeever, KPMG
Chris Seigle, KPMG
Lunch & Learn: More than Just Climate Change: How the New Administration Might Affect the ESG Landscape
Sponsored by Jones Day
The last presidential administration advanced policies impacting corporate America on all three ESG elements – environmental, social, and governance – but this ultimately prompted an anti-ESG backlash, as states, market participants, courts, and legislators questioned these policies’ propriety and wisdom. This panel will discuss the new administration’s likely approach to ESG and what that could mean to initiatives on climate change, DEI, corporate governance, and shareholder rights. It will also examine how other, pro-ESG constituencies may temper the new administration’s efforts.
Financial Services, like most industries, are all in on GenAI. Prohibition policies have given way to immense executive pressure to leverage the technology, while the number of employee-driven use cases continues to explode, fueled by GenAI capabilities being embedded in virtually every communications platform. However, many of these efforts will fail as highly regulated firms move in front of compliance guardrails, and as AI regulation continues to evolve at a US state, national, and international level. So, what are financial services firms doing today to harness the promise of GenAI, while ensuring that governance programs are accounting for the regulatory, data privacy, infosec, and IP risks? This session will explore this topic, including:
- Addressing the current state of adoption and prioritization of specific use cases
- How firms are defining GenAI Governance programs in evaluating foundational models and AI vendors?
- How are they learning from early pilots in order to focus GenAI investments in 2025?
The panel will consist of a broad cross section of legal, compliance, and technology experts that will explore the multi-disciplinary approach leading global banks are leveraging today.
Robert Cruz, Smarsh
Tracy Bordignon, FTI Consulting
Matt Kelly, Debevoise & Plimpton LLP
Tiffany Magri, Smarsh
Co-sponsored by Davis Polk, Goodwin Procter, Morgan Lewis and Sullivan & Cromwell
The SIFMA C&L Society Inclusion Advocate Award celebrates legal and compliance professionals who have demonstrated outstanding dedication to promoting inclusion and advancing equal opportunity in the financial services industry. The award also highlights efforts to ensure that the future leadership of the industry better reflects the wide range of experiences and backgrounds in our society.
• Regulatory Updates, including those related to projections, cryptocurrency, and foreign language translation.
• Social media trends, including use of finfluencers, launch of new platforms, and issues with impersonation.
• Artificial Intelligence Implications, including state regulatory considerations, digital engagement practices, and potential impacts of various use cases.
Kristi Crawford, Charles Schwab
Shauna Blake, LPL Financial
David Blass, Simpson Thacher
Bridget Farrell, Edward Jones
• The impact of technology on negotiations (e.g., ethical considerations, faster communication, virtual negotiations, etc.)
• Leveraging negotiation skills in litigation, enforcement, contract negotiations, etc.
• Best practices before, during, and after negotiations
• Who should participate – do you really want/need a third party (e.g., experts, business unit personnel, insurance carriers)?
• Relationships matter: impact of rapport with opposing counsel
• Ethical considerations: good faith representations, conflicts of interest, confidentiality, privilege
Akinyemi Akiwowo, Morgan Stanley
Peter S. Fruin, Maynard Nexsen
David Markowitz, Goldman Sachs
Jed Melnick, JAMS
Robert W. Topp, Interactive Brokers
• Navigating an Evolving Regulatory Landscape—What will Change and What Stays the Same?
• Recent Investment Advisers Act Enforcement—Focus on MNPI
• Risks and Priorities for Cybersecurity, Crypto, and Emerging Technology
• Preservation of Electronic Records
• Whistleblower Protection—Key Outcomes and Outlook
Alexander White, Bank of America
Marc P. Berger, Latham & Watkins LLP
Katherine Goldstein, Akin Gump Strauss Hauer & Feld LLP
Kim Reilly, Raymond James
Eric Werner, SEC
• Trump Election Impact on Prudential Policy – New Agency and Administration Appointees and Jurisdictional Fights/DOGE Efforts
• Biden Administration Rulemakings – What Next for Basel III Endgame, Bank Mergers, Brokered Deposits, and ILCs
• Trump Banking Agenda – Stress Testing, Crypto-Assets/FinTech, Supplemental Leverage Ratio, Leverage Lending/Private Credit, Supervisory Transparency
Carter K. McDowell, SIFMA
Hugh C. Conroy Jr., Cleary
Jillian Eng, J.P. Morgan Chase & Co.
David Portilla, Davis Polk
Curtis Tao, HSBC
• What is Happening with DEI? The Supreme Court, the Trump Administration, and Impacts to the Workplace
• Employee Agreements: FTC Ban and State Legislation
• The Ever-Evolving Status and Challenges of Return to Office and Remote Work
• The Growing Presence of Generative A.I. in the Workplace
Joel Barras, Citizens Bank
Cara Friedlander, SMBC
Carole Miller, Maynard Nexsen
Jennifer Tomsen, Greenberg Traurig
New for 2025!
• Regulation of broker-dealers beyond the SEC and FINRA
• Federal regulators including the CFTC and NFA
• State securities regulators
• National Registered Exchanges
• Other regulators, including FinCEN, the CFPB, the OCC, the Federal Reserve, and the PCAOB
Lara C. Thyagarajan, Sidley Austin LLP
Tony Frouge, NYSE
Andrew Lipton, Morgan Stanley
Tim Magee, Barclays
Leslie M. Van Buskirk, Wisconsin Department of Financial Institutions
• Equity market structure rulemaking update – finalized, subject to litigation, proposed
• 24-hour trading – legal and regulatory considerations
• Low priced securities – operational challenges, rulemaking changes
• Changes to displayed liquidity vs. OTC volumes
Emily Pierce, RBC Capital Markets
Gregg E. Berman, Citadel
Andrew Margolin, Bank of America
Krista Ryan, Fidelity Investments
Charles Sommers, Sidley Austin LLP
• Lessons learned from recent SEC and CFTC enforcement actions
• What to expect from the SEC and CFTC in a Trump Administration
• Challenges of 17a-4 compliance in an evolving technological environment, including with the use of AI
• Policies and procedures to help prevent off-channel communications
• Detection and escalation of potential policy violations
Melissa MacGregor, SIFMA
Martine M. Beamon, Davis Polk
Laura Magyar, Patomak Global Partners LLC
John C. Roeser, Charles Schwab
Amy Watson, Citigroup
This session is also available on Tuesday (TB).
• Most compelling financial services business use cases & how to monitor
• “Offensive” compliance use cases—how compliance can use AI
• “Defensive” compliance use cases—how compliance can monitor/surveil business use of AI
• Evolution of the regulatory/enforcement context
Anne Marie Palfrey, Deutsche Bank AG
Pete Driscoll, PwC
Avi Gesser, Debevoise & Plimpton
Mack McCain, Robinhood
Megan St. John, Edward Jones
• Artificial Intelligence: Compliance Opportunities and Challenges
• Positioning the Compliance Department within an Organization
• Providing Compliance Advice in an Everchanging Technology World
• Compliance vs. Supervision
Ben A. Indek, Morgan Lewis
Anthony Cavallaro, Robinhood
Bridget Larsen, Piper Sandler
Ed Olsen, UBS
Nancy Swift, Fidelity Investments
• Up the ladder reporting and obligations when confronted with potential entity misconduct.
• Who is the client, including related attorney client privilege issues and joint representations/common interest; other conflicts issues.
• Corporate Miranda warnings and implications.
• Cooperation with SEC and other agencies/regulators.
• Whistleblower Issues.
• SEC Hot Topics.
Barry W. Rashkover, Walden Macht Haran & Williams LLP
Jesse Lawrence, BNY Pershing
Cece Mavico, Truist
Parvin Daphne Moyne, Akin Gump Strauss Hauer & Feld LLP
Stephanie Shuler, J.P. Morgan Chase & Co.
• Best practices and real-world strategies for conducting inspections with new FINRA requirements
• Supervision in a remote work environment
• Areas of focus for Monitoring and Testing
• Role of data analytics in Surveillance and Oversight Programs
• Future of hybrid and remote work
Tara Gilchrist, LPL Financial
Bernard Canepa, SIFMA
Kosha Dalal, FINRA
Tina Samanta, Gibson Dunn
Michelle Terry, Charles Schwab
• 2024 FINRA Arb Stats & Trends
• Rules updates—practical impact on the arbitration process
• How arbitrations and regulatory settlements interact
• Other hot topics:
• Seniors and vulnerable adults
• Mass arbitrations
• U5 defamation claims
• Mandatory arbitration clauses
Nancy Hendrickson, D.A. Davidson
Rick Davis, Maynard Nexsen
Darren Goodman, Edward Jones
Nicholas Lin, Robinhood
Theodore Snyder, Davis Wright Tremaine
• Regulatory expectations for risk assessments, monitoring and testing
• Best practices for program organization, risk assessments, monitoring, testing, remediation, reporting, training and reassessing the program
• The benefits of an integrated program across the three lines of defense
• How to drive issue ownership and Compliance engagement in business-owned remediation of compliance risk
• Determining which risks to test and how to handle those you don't
• Connecting the dots: leveraging results to inform other processes across the compliance risk management lifecycle
Jim McHale, LPL Financial
Bhuvana Balasundaram, Vanguard
Christine Lombardo, Morgan Lewis
Lauren Munfa, UBS
New for 2025!
• Roles and responsibilities—1LoD vs. 2LoD
• Supervision – Adequacy of procedures, systems and controls to detect/prevent misconduct
• Surveillance and Data – Quality, Availability (including alternative data sources) and Usage
• New Market Surveillance Technologies: The role of advanced technologies like AI and machine learning in enhancing market surveillance and detecting fraudulent activities;
• Cross-border supervision challenges: Addressing the complexities of supervising teams, capital flows, and market activities across borders.
Danielle Bartolomei, J.P. Morgan
Joseph Accardi, RBC Capital Markets
Carl Kennedy, Katten Muchin Rosenman LLP
Takako Okada, Charles Schwab
This session is also available on Tuesday (TC).
• The Many Shapes of Aiding and Abetting Liability
• Class Cert in Securities and Financial Markets Antitrust Litigation
• Key Developments in Delaware
• Rising Trends in Qui Tam/False Claims Act Litigation and Crypto
• Lightening Round: Supreme Court roundup--Macquarie/Nvidia/Facebook; First Energy/Attorney Client Privilege; and Climate/Cyber/AI.
Mary Reisert, Citigroup Global Markets, Inc.
• What is a crisis?
• Day 1 decision making – immediate action items and long-term impact
• After Day 1 – proper implementation of response plan and stakeholder management
• Potential pitfalls
• Post Crisis - lessons learned and remediation
Michael K. Freedman, LPL Financial
Stephanie Avakian, WilmerHale
Jaclyn Barnao, UBS
Ann Shuman, DTCC
• Artificial Intelligence
• Research Analyst Involvement in Capital Formation
• Efforts to Drive Small Cap Research
• Lessons Learned from Recent Enforcement Actions
Gleennia Napper, Deutsche Bank
Raymond Abbott, Bank of America
Ilana Herscovitz Reid, FINRA
Marlon Q. Paz, Latham & Watkins LLP
Pamela Torres, Goldman Sachs
This session is also available on Tuesday (TA).
• Most compelling financial services business use cases & how to monitor
• “Offensive” compliance use cases—how compliance can use AI
• “Defensive” compliance use cases—how compliance can monitor/surveil business use of AI
• Evolution of the regulatory/enforcement context
Anne Marie Palfrey, Deutsche Bank AG
Pete Driscoll, PwC
Avi Gesser, Debevoise & Plimpton
Mack McCain, Robinhood
Megan St. John, Edward Jones
• Who is the client?
• Maintaining attorney-client privilege – or not
• Conducting internal investigations
• Reporting to banking regulators
• Cooperating with the government
• Communicating with auditors, boards, and consultants
• Navigating multi-party litigations
• Ethical traps in settlement negotiations
• Contacts with represented persons
• Hot topics
Mei Lin Kwan-Gett, Citigroup
Arian M. June, Debevoise & Plimpton
Keri Matthews, Vanguard
Kristi Prinzo, TD Bank
Shamoil Shipchandler, Charles Schwab
• Optimizing the affiliated entities structure for an effective compliance organizational model
• Navigating affiliate-related conflicts of interest – customer data sharing, business considerations, shared resources
• Service provider oversight -- heightened standards for affiliated providers
• Evaluating proprietary products for distribution
• Assessing marketing materials subject to different regulatory regimes
Gail Merken, Fidelity Investments
Dalia Blass, Sullivan & Cromwell
Robert Cole, Citi
Christos Tsamadias, Wells Fargo
KC Waldron, Empower
New for 2025!
• Understand the differences between banking, brokerage and investment advisory obligations for third-party risk management (TPRM)
• Determine how the service provider fits into your firm's current policies and procedures, and tips for ongoing oversight
• Best practices for risk management over the life cycle of the vendor relationship
• Learn the roles and responsibilities of different teams within your org, including InfoSec, Privacy and Product Owners
Jeannette Rovira, Goldman Sachs
Mitch Newhouse, Charles Schwab
Stephanie Nicolas, WilmerHale
Eric Wells, Fidelity Investments
• Overview of the SEC treasury clearing mandate and compliance deadlines
• Review of CCP implementation and the development various access models
• Implementation challenges and ongoing industry initiatives
• Representatives from the buyside, sell-side, foreign firms and external counsel will provide their respective viewpoints.
Matthew Lischin, RBC Capital Markets
Christian Sabella, DTCC
Lauren Semrad, Cleary Gottlieb
Jodi Singer, Nomura
William C. Thum, SIFMA
New for 2025!
• Overview of the Product, Players, Market Landscape
• Regulatory Framework
• Unique Legal and Compliance Risks
• Creating a Compliance/Operational Risk Program for Secondary Private Markets Trading and Best Practices
Justin Kletter, Bank of America
Mahlet Ayalew, J.P. Morgan Chase & Co.
Matthew Otte, RBC Capital Markets
Stephen Wink, Latham & Watkins
This session is also available Tuesday (TB).
• The Many Shapes of Aiding and Abetting Liability
• Class Cert in Securities and Financial Markets Antitrust Litigation
• Key Developments in Delaware
• Rising Trends in Qui Tam/False Claims Act Litigation and Crypto
• Lightening Round: Supreme Court roundup--Macquarie/Nvidia/Facebook; First Energy/Attorney Client Privilege; and Climate/Cyber/AI.
Mary Reisert, Citigroup Global Markets, Inc.
• Approaches to regulatory engagement generally; what do firms and regulators find effective
• Key takeaways from the SEC and FINRA annual reports, including new and notable priorities
• The nuts and bolts of effective regulatory exam management, such as preparation and quality control
• Managing exam findings and enforcement risk, including best practices for responding to issues, minimizing fines and related self-reporting considerations
Bari Jane Wolfe, DTCC
Melissa Barrett, Goldman Sachs
Jeff Fox, Interactive Brokers
Ariel Gursky, Morgan Lewis
Michael Rufino, SEC
• CFTC and SEC Update
• Rulemaking and Policy Outlook
• Recent and Approaching Deadlines
• Examinations Update
Kyle Brandon, SIFMA
Rosario Chiarenza, Citi
Annie Hsu, Jefferies
Colin D. Lloyd, Sullivan & Cromwell
Michael Otten, National Futures Association
• Recognizing and responding to an ever-changing and converging regulatory landscape for services to retail retirement clients
• Practical tips for compliance in key areas, including rollovers, affiliated products, relationship pricing, and interactions with plan participants
• Enforcement and litigation trends and how to best position your business to face challenges
Lindsay Jackson, Morgan Lewis
Sariyah Buchanan, Edward Jones
Thomas J. D'Elisa, Morgan Stanley
Julia Richardson, Raymond James
• Ever-shifting Technological Landscape: AI, Cybersecurity and Data Privacy
• Navigating Legal Risk in the Workplace: DEI, Non-Competes and a Hybrid Workforce
• Trumps Second Administration: Anticipated Regulatory and Enforcement Impacts
• Recent Developments in Delaware Corporate Governance Law
Audrey Strauss, Fried Frank
Robert Khuzami, Guggenheim
Peter J. Morgan, Charles Schwab
Tonya Robinson, Vanguard
Friederike Rotsch, Deutsche Bank
All Seminar attendees are invited to join us for a luncheon discussion with industry leaders on how they are changing the face of the industry, one courageous conversation at a time. Long-time participants, please note that our Diversity Breakfast is now this Talent & Inclusion Luncheon.
Antonio Dias, Jones Day
Tonia Bottoms, BNY
Jackie Licalzi, Morgan Stanley
Sponsored by Global Relay
In Global Relay’s Lunch and Learn session, we’ll explore the challenges of maintaining recordkeeping and retention compliance in a sea of business communication channels – and ever-increasing regulatory fines.
We’ll reveal how a Large Language Model (LLM) surveillance solution can help firms address the limitations of specialized AI including poor data quality, constant model training and tuning, and false positives. Global Relay’s Donald McElligott, Vice President of Compliance Supervision, and Chip Jones, Executive Vice President, Compliance will demonstrate our adaptable surveillance solution and answer any questions regarding communications capture, monitoring, risk identification, and alert management.
Chip Jones, Global Relay
Donald McElligott, Global Relay
Sponsored by Mayer Brown
The financial services industry is constantly evolving, requiring firms to be more agile and innovative. As a result, financial services M&A is becoming increasingly complex. This Lunch & Learn will focus on opportunities in multi-disciplinary, multi-jurisdictional M&A transactions involving asset managers, banks, broker-dealers, fintechs and other financial services industry participants. We will discuss strategies, trends and lessons learned, and offer investment banking perspectives on dealmaking in these highly regulated sectors.
Steffen Hemmerich, Mayer Brown
Jennifer Keating, Mayer Brown
Anna Pinedo, Mayer Brown
Zach Pfanstiel, UBS
Lunch & Learn: The Future of Digital Assets: Legal Insights and Regulatory Challenges for Tokenized Finance
Sponsored by Morrison Foerster
This panel will explore the evolving legal and regulatory landscape surrounding digital assets and tokenized finance in the United States. As the integration of digital assets into mainstream finance accelerates, legal practitioners, investors and other market participants, and regulators face novel challenges and opportunities in areas ranging from investment management to broker-dealer compliance, enforcement, and litigation.
The discussion will delve into critical topics, including the tokenization of registered funds, custody and compliance hurdles in digital asset investments, how to mitigate securities and commodities enforcement, and the implications of emerging securities litigation trends. The panel will also examine the shifting dynamics of broker-dealer regulations, such as the impact of the 5th Circuit’s decision on dealer definitions and expectations surrounding Special Purpose Broker-Dealers. Additionally, it will address the growing intersection of digital assets with derivatives and structured products, with a focus on regulatory authority, custody issues, and the potential for tokenizing real-world assets. By offering profound insights into these pressing issues and more, the panel aims to equip attendees with a roadmap to face the current challenges and opportunities in this fluctuating space.
Rhys Bortignon, Morrison Foerster
Edward Imperatore, Morrison Foerster
Haima Marlier, Morrison Foerster
Derek N. Steingarten, Morrison Foerster
Step into the future of compliance and control management with Generative AI (GenAI), a game-changing technology reshaping how organizations tackle regulatory and operational challenges. This session will dive into how GenAI can cut manual effort by up to 50% in decoding complex regulations, mapping them to internal policies, and identifying gaps. But it doesn’t stop there—GenAI is also revolutionizing the controls landscape by helping to design, review, map, and assess controls, while acting as the essential “checker” in the maker/checker framework. Learn how AI-driven processes can ensure the quality of control evidence, streamline workflows, and elevate compliance from a reactive function to a strategic advantage. With a focus on responsible AI governance, this session will delve into case studies to show how GenAI is transforming the risk and compliance function into a smarter, faster, and more impactful domain.
Zoya Ashirov, SIA
Cyril Sayada SIA
Co-Sponsored by Bressler, Amery & Ross, Gibson Dunn, Norm Ai, and Ropes & Gray
In the heart of downtown Austin, Brazos Hall reigns supreme as the top-tier event venue. All Seminar attendees are invited to join us for a night of live music from the Night Owls and authentic Austin culture.
• Overview of the 2025 FINRA Annual Regulatory Oversight Report
• Examination and Risk Monitoring Priorities
• Discussion on Key Topics including – Cybersecurity, Best Execution, Regulation Best Interest, Third Party Oversight, Communications with the Public and Artificial Intelligence
• FINRA Goals and Policy Objective
Executive Vice President and Chief Legal Officer
FINRA
Executive Vice President and Head of Market Regulation and Transparency Services
FINRA
Executive Vice President, Member Supervision
FINRA
Executive Vice President and Chief of Staff to the CEO
FINRA
• What is a Complex Product from the perspective of both regulators and firms
• How do firms onboard a new complex product
• Ongoing due diligence for existing complex products
• How do firms handle the supervision of Complex Products
• Case Study: Onboarding Crypto ETPs (a new product in an existing wrapper)
Brian Zellner, D.A. Davidson & Co.
Todd Hand, Morgan Stanley
Adam Kennedy, Cetera Financial Group
Jackie Wells, McGuireWoods
New for 2025!
• Rollovers – Education vs. Recommendation
• PTE 2020-02, 84-24, 86-128, 77-4, 84-24
• Individual Exemption Requirements
• Impact of SEC, FINRA, DOL and State Laws on retirement accounts
• GAO Report on Conflicts of Interest
Lisa Bleier, SIFMA
Evan Charkes, Bank of America
Theresa Seys, Ameriprise Financial
Cri Swift, Sidley Austin LLP
New for 2025!
• Managing High-Profile Crisis Situations impacting financial institutions
• Holistic Crisis Management from multiple angles: regulatory, reputation and press, litigation risk, remediation and more
• Working to build Communication Strategies that may become relevant in related Enforcement Matters, White-Collar Investigations and Litigations.
• Considerations and Decisions That Must be Made Early on in a developing situation That Can Have Repercussions for Some Time.
• Planning in Advance and Best Practices When Coordinating with Different Groups Across the Institution
Raphael Prober, Akin Gump
Kathy Casey, Patomak
Dan Gallagher, Robinhood
Dan Hunter, Santander
Colleen O'Brien, Goldman Sachs
• The Political Environment and State Securities Laws
• Hot Topics in State Legislation
• The States’ Views on Remote Supervision
• State Enforcement Trends
Lisa Colone, CSG Law
Pamela Everhart, Fidelity Investments
Marni R. Gibson, Kentucky Department of Financial Institutions
Jason Habermeyer, Edward Jones
Travis Iles, Texas State Securities Board
• Hear directly from MSRB Market Regulation on the MSRB’s current state and initiatives
• Practical suggestions for Best Practices to prepare for current Enforcement and Examination trends
• Information for both Muni Underwriters and Muni Advisors on new issues, including recent regulatory focus on pricing and supervision
• Secondary trading issues, including 1-minute trade reporting and other reporting and operational issues
Richard Agster, Raymond James
Jeremy Colgan, Wells Fargo
Ernesto A. Lanza, MSRB
Leslie Norwood, SIFMA
Andrew Southerling, McGuireWoods
• Managing Global Regulatory Change
• Effective Compliance Programs for “Inbound” and “Outbound” Securities Sales and Services
• Use of Technology: Opportunities and Risks
• Beyond Securities Laws: US and Foreign Regulatory Concerns Impacting Cross-Border Strategy
John Weitzer, HSBC
William Hallatt, Gibson Dunn
Alison Morpurgo, JP Morgan
Barbara Stettner, A&O Shearman
Danielle Tarasen, Raymond James Financial
New for 2025!
• The changing legal landscape for the financial industry in light of Loper Bright Enterprises v. Raimundo, 144 S. Ct. 2244 (2024), and other related administrative law cases;
• The potential for the new Administration to invoke Loper Bright as a sword and eliminate current regulations by claiming that the agencies had no statutory authority to promulgate the regulations
• The potential for the new Administration to invoke Loper Bright as a shield and claim its agency actions have been taken pursuant to express statutory authority
• The interplay of Loper and anticipated regulatory changes and challenges concerning environmental and social issues.
James Meadows, Barclays
Jill Centella, J.P. Morgan Chase & Co.
David Meister, Skadden
Steven Peikin, Sullivan and Cromwell
Jayant W. Tambe, Jones Day
• Establishing internal frameworks and compliance programs that identify and mitigate ethical dilemmas
• Managing business conflicts and antitrust concerns
• Proactive training, testing, investigations and sanctions in driving an ethical culture of compliance
• Generative AI and technology tools to enable the business and support compliance oversight
• Examples of Enforcement matters and the accountability of legal and compliance professionals
Candice Aaron, Charles Schwab
Neil T. Bloomfield, Moore & Van Allen
Keir Gumbs, Edward Jones
Tina Salehi Gubb, FINRA
Michael Weissmann, Fidelity Investments
• Exchange Act Rule 15c3-3 recent developments for prime brokers
• Update on SEC short position reporting rule (Rule 13f-2) and securities lending reporting rule (Rule 10c-1a)
• Increased focus on how prime brokers manage reputational, counterparty and regulatory risk.
• SEC and FINRA examination and enforcement areas of focus.
• Fully-paid lending developments
Eric Colchamiro, Goldman Sachs
Pamela Arnsten, Wells Fargo
Kevin J. Campion, Sidley Austin LLP
Matthew Eisenberg, Barclays
• The nuances of dealing with current/former employees in the context of regulatory/enforcement/internal
• Tips on how to interface with regulators and law enforcement who have increasing demands for cooperation
• Considerations for expat and cross-border employees
• Employment Related Reporting Issues/Regulatory Reporting
Louis Santangelo, Societe Generale
Terri Chase, Jones Day
Melissa Gold, BNY
Jane Kauh, Deutsche Bank
Valecia McDowell, Moore & Van Allen
• Best practices for incident response preparedness
• How to create an effective incident response plan
• Legal, regulatory and compliance considerations when handling a cyber event
• Practical tips for coordinating with internal teams, external partners and law enforcement
Michelle Kelley, Commonwealth Financial Network
Jason Beachy, FINRA
Douglas Bloom, Morgan Stanley
Edward R. McNicholas, Ropes & Gray
Julia Sirapurapu, Fidelity Investments
