Cyber Security Best Practices for Brokerage Firms in 2015
The Financial Industry Regulatory Authority (FINRA) is an independent private organization regulating activities of member brokerage firms and exchange markets. In January 2014, FINRA issued a 'Sweep' letter used to investigate and to gather information for examinations. FINRA seeks to understand the types of threats that financial firms face; the manner in which they are monitored, prevented, and addressed; the risk to IT systems; the quality of training programs; and other issues of concern.
In this two hour, LIVE webcast, a panel of distinguished professionals and thought leaders assembled by The Knowledge Group will help brokers, dealers, and other professionals understand the important questions posed by the FINRA Sweep Letter. The panel of speakers will provide an in-depth discussion of recent developments and offer Cyber Security Best Practices for Brokerage Firms in 2015.
Key issues include that will be covered in this course are:
- Cyber Security for Brokerage Firms
- Cyber Security Threats in Financial Industry
- IT System Vulnerabilities
- Risk Assessments and Mitigation Practices
- Effects of Cyber Security Attacks (DOS)
- Training Programs
- Cyber Security Insurance Coverage
- Best Cyber Security Practices for Brokerage Firms
- Cyber Security Regulatory Updates
Willkie Farr & Gallagher LLP
- High level view of what regulators are doing and why
- Recent regulation SCI
- Readout from FINRA & SEC
- Practical consequences
- Industry focus
- Incident response plans
- Focal points of FINRA post breach investigations
Who Should Attend:
- Privacy Law Attorneys
- Chief Compliance Officers
- Risk and Compliance Managers
- Bank Compliance Officers
- Data Security Professionals
- Bank and Financial Institution Executives
- Fraud Monitoring
- Bank Regulation Lawyers
- Banking & Finance Lawyers
- Investment Advisers/Broker Dealers
- Other Related and Interested Professionals
James R. Burns is a partner in Willkie’s Asset Management Group, focusing on counseling investment managers, broker-dealers, self-regulatory organizations, and other registered entities on regulatory, compliance and enforcement matters. Prior to joining Willkie, Jim served most recently as Deputy Director of the SEC’s Division of Trading and Markets and previously as Deputy Chief of Staff and Counsel to Chairman Mary Schapiro. He was an adviser to Commissioner Kathy Casey and worked for many years on enforcement and regulatory matters in the securities practice at a leading law firm. He brings an acute knowledge and understanding of the equity, fixed income, and derivatives markets, having played an integral role in the development of current SEC positions and regulatory initiatives affecting those areas. Through his experience, he is able to provide clients, including asset managers, broker-dealers, and other registrants -- with insights into current issues in SEC examination and enforcement contexts, as well as strategic advice on the effects of SEC initiatives on their business operations and compliance programs.
James R. Burns is a partner in Willkie’s Asset Management Group, focusing on counseling investment managers, broker-dealers, self-regulatory organizations, and …
Jerry Ferguson serves as Co-Leader of BakerHostetler’s national Privacy and Data Protection team and the New York office Coordinator for the Intellectual Property, Technology and Media group. Pursuing his clients’ interests has given Jerry extensive experience protecting and exploiting intellectual property, technology and new media assets. His diverse experience includes designing privacy and data protection compliance programs, responding to data security breaches, developing intellectual property portfolios, negotiating transactions and successfully trying cases. His clients include banks, insurers, global retailers, luxury goods companies, web-based marketers and data analytics companies. He is a regular contributor to BakerHostetler's Data Privacy Monitor blog and has authored numerous published articles. Jerry frequently speaks before client and industry groups, such as the Mortgage Bankers Association, the Advisen, ExecuSummit, the National Association of College and University Attorneys, Practising Law Institute, and the New York State Bar Association.
Jerry Ferguson serves as Co-Leader of BakerHostetler’s national Privacy and Data Protection team and the New York office Coordinator for …
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Method of Presentation:
NASBA Field of Study:
Specialized Knowledge and Applications
NY Category of CLE Credit:
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About Willkie Farr & Gallagher LLP
For more than a century, Willkie has delivered unparalleled legal advice and dedicated client service to individuals and companies across a wide spectrum of business areas, industries, countries, and cultures. We are an elite international law firm that delivers superior client service and provides innovative, integrated legal and business solutions. We have a number of highly successful practices whose lawyers are stars in their field. Our experience spans a wide range of industries, most particularly financial services. Our lawyers, which number approximately 650 in nine offices located in the United States and Europe, share in the firm’s tradition of skillful and creative legal representation. As a firm, we are collegial, collaborative, and client-focused.
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BakerHostetler, one of the nation's largest law firms, represents clients around the globe. With offices coast to coast, our more than 900 lawyers litigate cases and resolve disputes that potentially threaten clients' competitiveness, navigate the laws and regulations that shape the global economy, and help clients develop and close deals that fuel their strategic growth.
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