Internal Risk Assessments of Broker-Dealer Firms
| Cost |
Members - $1,000 Non-Members - $1,400 |
|
| 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 |
| TBD | Available in 2010 | TBD |
| Venue | ||
| TBD | ||
Other Registration Options & Cancellation Policy
Course 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 and risk assessment of operations, branch offices and other areas impacting the trading function
Only FINRA’s Annual Conference is open to the media. All other FINRA conferences, pre-conferences, classroom learning, compliance boot camps and FINRA Institute at Wharton are closed to the media.
