By: George M. Wilson & Carol A. Stacey<\/p>\n
The pace of change challenged many broker-dealers and their auditors when the PCAOB became the standard setter for audits of broker-dealers. This is illustrated by the topics addressed in this PCAOB \u201cAnnual Report on the Interim Inspection Program<\/u><\/a>\u201d. Problems were found in areas including independence rules, auditing revenue recognition and auditing the Net Capital Rule.<\/strong><\/p>\n <\/p>\n To help broker-dealers and their auditors and attorneys keep up to date with this complex regulatory landscape we are offering our Fundamentals of Broker-Dealer Regulation<\/u><\/a> program on July 17, 2017. The program will be presented in New York at our PLI Center. It will be webcast and groupcasts are available in several locations.<\/p>\n <\/p>\n This program will help you build a solid foundation in the regulatory regime applying to broker-dealers, including what to expect next regarding broker-dealer regulation.\u00a0 You will learn how the Securities Exchange Act of 1934, FINRA rules and state securities laws<\/strong> interact in governing the brokerage industry.<\/p>\n <\/p>\n Significant focus will also be placed on recent exam and regulatory enforcement activity<\/strong> by the SEC, FINRA, and the states and about how broker-dealers are responding to these developments and the challenges ahead for the industry.<\/p>\n <\/p>\n As always, your thoughts and comments are welcome!<\/p>\n","protected":false},"excerpt":{"rendered":" By: George M. Wilson & Carol A. Stacey The pace of change challenged many broker-dealers and their auditors when the PCAOB became the standard setter for audits of broker-dealers. This is illustrated by the topics addressed in this PCAOB \u201cAnnual Report on the Interim Inspection Program\u201d. Problems were found in areas including independence rules, auditing … Continue reading Broker \u2013 Dealer Regulation Update<\/span>