SEC Training for UK compliance professionals

Course Overview:

Chief Compliance Officers at SEC registered firms are required to be competent and knowledgeable regarding the US Investment Advisers Act 1940. For many UK based CCO’s the FSA rules prove demanding enough. To help firms required to register with the SEC, or firms caught by the Dodd Frank rules to file as Exempt Reporting Adviser, IMS has developed a training course that delivers the key information compliance staff need to know about the US regulatory framework, the Advisers Act requirements and related compliance obligations.

This training seminar will clarify what compliance professionals are expected to know about the Advisers Act, the compliance policies and procedures the SEC would expect to find within a non-US based firm as well as explain the SEC knowledge required by your key compliance personnel. We will consider the scope for integration with existing compliance requirements and how far firms need to follow the letter of SEC compliance, even where this seems at odds with UK standards.

Key Topics:

• Chief Compliance Officer requirements
• Anti-Fraud Provisions
• Insider Trading Policies and Procedures
• Pay to Play
• Compliance Programme
• Code of Ethics
• PA Dealing Rules
• Client Solicitation Rules
• Proxy Voting Rules
• Required Books and Records
• Custody
• Current regulatory issues

Course Objectives:

The training will address the above from the perspective of SEC registered advisers and also the anti-fraud implications of not following these, or equivalent, standards, and the potential enforcement actions that could ensue. As a result of the course the attendee will be able to demonstrate a greater awareness and understanding of the US regulations and how these impact their business in the UK.

Course aimed for: UK based Chief Compliance Officers at SEC registered firms

Duration: 2.5 hours

Location: IMS offices

Open Course Price: £375 + VAT per delegate

This course can also be delivered as an onsite course or as a component of our Online and Instructor Led Training packages.

Please click here to view our open course training schedule for our next available SEC Training for UK compliance professionals course. Alternatively if you would like to enquire about onsite delivery of this course or to discuss our training packages in more detail, please contact Peter Moore on 0207 408 2448 or your usual IMS consultant.