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Past Event Details

Gregory K. Soueid, Kathlyn L. Farrell, and Lynn Woosley to Participate in CBA Webinar: "Consumer Protection Risks in Wealth-Focused Strategies"


Date: Thursday, November 8, 2018
Time: 2:00 PM EST
CBA Webinar
Topic: Consumer Protection Risks in Wealth-Focused Strategies

ABOUT THE WEBINAR:
Many banks are increasing their focus on wealth management and higher wealth customers. In today’s legal and regulatory environment, there are many consumer protection implications affecting wealth-focused business lines, including retail brokerage and banking products. We will cover strategies to help manage sales practices and methods to help mitigate the risks in wealth management as it relates to consumer protection, fiduciary duties, CRA, and fair lending performance.

THIS WEBINAR WILL COVER:
1. Key risks in the wealth management and retail brokerage sector, including the unwind of the DOL Fiduciary Rule, pending SEC Regulation Best Interest (Reg BI), and state level fiduciary efforts
2. Sales practices considerations as they relate to fiduciary and fair banking requirements
3. Impact of wealth-focused strategies on fair banking performance

TOP 3 BENEFITS TO ATTENDEES:
1. Learn what aspects the broader fiduciary requirements set forth to date are likely to persist in either SEC Reg BI or state efforts
2. How to manage sales practices and product suitability
3. Techniques for mitigating the impact of wealth-focused strategies on CRA and fair lending performance

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