Internal Risk Assessments of Broker-Dealer Firms

Cost Members - TBA
Non-Members - TBA
Duration 1 Day
Time 8:30 am - 5:15 pm
CRCP Credits 6
CRCP CE Credits 6
CPE Credits 7
CPE Course Type Overview
Location Date Code
TBA Available in 2009 TBA
Venue

TBA

 

Other Registration Options & Cancellation Policy

 

Tentative 2009 Agenda (PDF 39 KB)

 

FINRA Institute at Wharton Certified Regulatory and Compliance Professional™ (CRCP™) Candidates who enrolled in the program after January 2007 are required to complete this course in order to meet the Phase II CRCP requirement.

 

Course Description

 

This course addresses practices for assessing certain risks at broker-dealer firms. The curriculum covers risk identification and analysis, internal inspection programs and oversight. This course focuses on evaluating business processes as well as compliance issues.


After completing this course, you will be able to:

  • Describe the types of broker-dealer structures and the responsibilities of the front, middle and back offices
  • Identify key areas of concern with mark to market/model issues
  • Compare and contrast risk types including: market, credit, settlement, liquidity, operational, legal and reputational risk
  • Understand and apply internal risk assessment practices
  • Evaluate the effectiveness of the trading process, including: conducting internal audits, preparing for regulatory reviews and examinations and understanding the role of external audits
  • Understand how to conduct an internal audit/review/risk assessment of operations, branch offices and other areas impacting the trading function

Only FINRA’s Spring and Fall Securities Conferences are open to the media. All other FINRA conferences, pre-conferences, seminars, and other professional development courses are closed to the media.