May 13-14, 2019
FSI Office — Lobby Conference Room
1201 Pennsylvania Ave. NW
Washington, D.C. 20004
Registration Fee: $250
Should you need to cancel, we kindly ask you to contact firstname.lastname@example.org no later than April 30, 2019 to receive a full refund less a $75 processing fee. After April 30, 2019, no refunds will be issued.
Questions? Contact our team at 1-888-373-1840 or email@example.com
Monday, May 13: Supervision Bootcamp for Independent Broker-Dealers (IBDs)
|9:00 – 9:45 a.m.||Breakfast|
|9:45 – 10:00 a.m.||FSI Opening Remarks|
|10:00 – 11:30 a.m.||Getting Down to Business: Recent Enforcement Action in IBD Supervision & What They Mean for Business
During this session we will discuss enforcement activity at both the state and federal levels and their unique impact on IBD supervision.
|11:30 a.m. – 12:30 p.m.||Regulators are Following the Money: Compensation Received by Advisor Owned Entities & Why it Can be a Problem for IBDs
Delve into the complexities and potential risks associated with advisor compensation arrangements. This session will also include an overview of FSI’s payment to ensemble practices efforts and where they stand today.
|12:30 – 1:30 p.m.||Lunch|
|1:30 – 2:30 p.m.||It’s All a Balancing Act: The Supervision & Independent Contractor Status Conundrum
This session will explore firms strike the right balance between satisfying regulatory supervisory obligations, the IBD model’s entrepreneurial focus and your advisors’ independent contractor status. Speakers will highlight key supervisory distinctions between independent contractors and employees followed by a detailed overview of significant state independent contractor cases and trends.
|2:30 – 4:30 p.m.||No More Phishing Around: Cybersecurity, Data Protection & State Intervention
Industry experts are predicting that regulators will move away from issuing additional guidance and move toward increased cybersecurity-related enforcement actions. During this session, we will explore key cybersecurity issues such as managing Regulation S-P issues when an advisor transitions to a new broker-dealer, managing vendor relationships at the branch office level, advisor CRMs and more.
|4:30 – 5:00 p.m.||OBA – Yay or Nay?: Whether Advisor-Owned Business Entities Should be Disclosed as Outside Business Activities
Should advisor-owned business entities be disclosed as an outside business activity (OBA)? What impact, if any, would FINRA’s proposed OBA rule have on those disclosure obligations? This session will explore these questions as well as discuss current OBA and PST rules and what FINRA Regulatory Notice 18-08 means for firms’ reporting and disclosure requirements.
|5:00 – 5:45 p.m.||Expense Sharing Agreements
Learn more about the rules, regulations and guidance governing expense sharing agreements. We’ll also discuss when an expense sharing agreement is required between a firm and an advisor-owned business entity.
Tuesday, May 14: Closed-Door, Member-Only Meeting
|9:00 – 9:30 a.m.||Breakfast|
|9:30 – 10:00 a.m.||Day 1 Debrief|
|10:00 a.m. – 12:00 p.m.||Roundtable Breakout Discussions|
|12:00 – 1:30 p.m.||Debriefing Lunch|
Several hotels are available near FSI’s office building:
JW Marriott Washington DC (1 block from FSI office)
1331 Pennsylvania Ave. NW, Washington, D.C. 20004
Trump International Hotel Washington DC (1 block from FSI office)
1100 Pennsylvania Ave. NW, Washington, D.C. 20004
The Willard InterContinental Washington (2 blocks from FSI office)
1401 Pennsylvania Ave. NW, Washington, D.C. 20004
Washington Marriott at Metro Center (0.4 miles from FSI Office)
775 12th St. NW, Washington, D.C. 20005
Grand Hyatt Washington (0.5 miles from FSI office)
1000 H St. NW, Washington, D.C. 20001
Additional Hotel Options
Crystal City in Arlington, VA provides some more economical hotel options and is located near Reagan National Airport (DCA) – approx. 4.0 miles from FSI’s office (about $20 cab fare, one way).
DoubleTree by Hilton Washington D.C. – Crystal City
300 Army Navy Dr., Arlington, VA 22202
Crowne Plaza Crystal City
1480 Crystal Dr., Arlington, VA 22202
The Westin Crystal City
1800 Richmond (Jefferson Davis) Hwy., Arlington, VA 22202
Hilton Garden Inn Reagan National Airport
2020 Richmond (Jefferson Davis) Hwy., Arlington, VA 22202
Hilton Crystal City
2399 Richmond (Jefferson Davis) Hwy., Arlington, VA 22202
Ronald Reagan Washington National Airport (DCA)
4.0 miles from FSI’s Office
Estimated taxi fare: $20 (one way)
Washington Dulles International Airport (IAD)
27 miles from FSI’s Office
Estimated taxi fare: $76 (one way)
Baltimore/Washington International Thurgood Marshall Airport (BWI)
35.2 miles from FSI’s Office
Estimated taxi fare: $82 (one way)