Course in Securities Industry Compliance

Compliance for the Securities Industry

Course Description
Course Outline
Participants
Objectives
Schedule
Fee

This intensive seven (7) day course provides the student an in-depth review of regulatory bodies and the regulations that govern and operate the securities industry in Canada. The way in which the legal and compliance department of a securities firm is organised and operates is analysed in the context of the total regulatory framework.

Today's compliance for the financial industry is extremely critical and complex and it is incumbent on each staff member of any financial institution to gain a deeper understanding of this important aspect of the industry.

All course materials are provided. Upon confirmation of registration, the student will receive a free one-year subscription to Investment Executive, Canada's Newspaper for Financial Advisors.

No sessions currently available. Contact client services to get the next available date.

This course should be of particular interest to:

Persons presently outside the industry looking to increase specific financial knowledge or seek entry to the industry
Operational and administrative staff particular to the financial and securities industry compliance areas
Investment firm IT staff new to the financial and/or securities industry
Investment firm staff with limited knowledge of compliance for the financial industry
Employees of regulatory agencies
Institutional client personnel
Industry vendors' employees

Advance preparation is not necessary, however follow up courses recommended are:

Inside Canada's Securities Industry
Global Securities: Trading and Settlement

The benefit to the student is:

Gain in-depth understanding of the SRO's role in the market place and the rules and regulations that govern the investment and financial industries
Get practical knowledge of guidelines under which Securities Dealers operate
Gain a fundamental understanding of how the Capital Markets work
Get a comprehensive perspective of the practice of sales and supervision
Gain an understanding of the compliance requirements for federal, regional and provincial levels

Day 1	Day 2
Introduction SRO's and their roles The obligations of the broker vs the client The obligations of the broker for employee actions Churn Compensation Loss or Measure of Damages Account reviews The origin of the unsecured deficit Check kiting Trading schemes Proceedings TSX MX Other	Account Opening and Approval Options Principles Registration Required Approvals Supervisory Duties Written Supervisory Procedures Designated Principal (DP) Ultimate Designated Principal (UDP) Strategies for Options Options Purchase Covered-Calls-Cash-Margin
Day 3	Day 4
Restricted Securities and Control Securities Forms for Acquisition Quantitative vs. Qualitative Derivatives Securities Pooling vs. Purchase Accounting Risk Management and the role of the Broker and the Dealer Client Accounts Cash Accounts Margin accounts Maintaining and Margining: Positions of Municipal bonds Repurchase agreements	National Registry Licensing Requirements for Brokers Qualifications for the Security Industry Special Rules Supervision Branch or Office Control Written and Oral Offers Statement of Registration Activity limits for firms engaged in distribution The Watch List Confirmation Disclosure Soft dollars
Day 5	Day 6
Structure Centralized Regionalized Surveillance Products Accounts Client complaints Regulatory Responses Sales Literature and Promotion Approvals and Reviews Special Products	Regulatory Structure Securities Act The Rule Book Compliance Procedures Reviews for Churning Solicitation Plans Chinese Wall Policy Internal Audit
Day 7 Morning	Day 7 Afternoon
Options Registered Statutory vs. Non-statutory Margin extended against: Control Securities Purpose vs. Non-purpose Loans	EXAM

Course Code: OPC02

$4,575.00

Course Schedule