Phase III: Capstone

Session Description

State Securities Laws

Instructor Rutledge conducts his session as a combination of lecture and hypothetical discussions. Main topics covered include:

• Identifying areas of concurrent SEC and state jurisdiction
• State regulation of securities transactions, broker-dealers and their registered representatives, registered investment advisers and investment adviser representatives
• Administrative, civil and criminal liability under state securities laws including measuring monetary damages, available affirmative offenses and negotiating resolutions with state regulators
• Impact of state actions under Sarbanes-Oxley and the Uniform Securities Act of 2002

 

After completing this session, you will be able to:

• Explain which business areas and staff are subject to state securities regulation and licensing/compliance regimes
• Discuss the current "hot button" regulatory issues for state regulators
• Negotiate regulatory settlements
• Understand how state regulators handle customer complaints

 

Instructor:
Philip Rutledge, Partner, Bybel Rutledge LLP