Attendee(s): Carolyn Mendelson, Senior Compliance Consultant
Webinar: The State of State Securities Law during COVID-19 and Fiduciary Duty Implementation
COVID-19 has brought unprecedented challenges to servicing clients and industry firms. Moderated by A. Valerie Mirko, a former NASAA General Counsel, the webinar will explore what state securities regulators have been doing during COVID-19 and include thoughts from a panel of former state securities regulators about COVID’s immediate and longer-term impacts on firms’ relationships with state regulators. A panel of former state regulators from Utah, Vermont, and Pennsylvania will discuss what we can anticipate from state regulators for implementing Reg BI and Form CRS at the state level, and, what effects COVID is having on the examination process, agent and investment adviser representative registration, rule-making, and fiduciary duty. The panelists will provide their thoughts about New York’s rule proposal for IAR registration; NASAA’s request for public comment for a proposed IAR continuing education program; and their guidance on preparing for implementing Massachusetts’ fiduciary duty rule for September 2020.
A. Valerie Mirko, Partner, Baker McKenzie, Financial Regulation and Enforcement Practice Group (Former General Counsel, NASAA)
- John Cronin, Vice President, Head of State Government Relations, LPL Financial (Former Division Director of the State of Vermont)
- Carolyn Mendelson, Senior Compliance Consultant, Hardin Compliance Consulting, LLC (Former Assistant Counsel, Pennsylvania Department of Banking and Securities)
- Keith M. Woodwell, Shareholder, Clyde Snow & Sessions (Former Director of the Utah Securities Division)