The upcoming webinar, hosted by Ulmer & Berne LLP and set to take place on December 19th, 12:00 pm – 1:00 pm EST, titled ‘FINRA: A Look Back at 2023 and What’s In Store for 2024’, promises to be a treasure trove of insights for professionals in the legal field.
The discussion, led by Alan M. Wolper, a partner at Ulmer, will address several of FINRA’s most contentious statutes and regulations, as well as the enforcement trends seen throughout the year 2023 and prospective analysis for the forthcoming year.
An integral focus would be FINRA’s oversight of Reg BI, an SEC rule that requires broker-dealers to act in the best interest of a retail customer when recommending any securities transaction or investment strategy. The imposition and control of this regulation have stoked widespread debates within the financial services community, stirring questions over its necessity, practicality and potential implications.
With Wolper at helm, the discourse will also look at the rise or fall in enforcement and arbitration filings. Whether this shift indicates a change in FINRA’s focus or a temporary variation in enforcement activity will certainly pique the interest of distinguished legal minds.
Fascinatingly, the seminar will also provide a perspective on whether FINRA would survive a constitutional challenge. Recent years have seen an increase in criticism towards FINRA for its operational practices, advancing the debate on its fiduciary responsibilities and accountability to the industry and public.
An essential fixture for anyone interested in or impacted by the operations and policies of FINRA, this webinar provides an opportunity for professionals to garner an in-depth understanding and situational awareness essential in this dynamic legal landscape.