On January 24, 2017, partner Jim Lundy served as a panelist for the National Society of Compliance Professionals’ (NSCP) Canadian Compliance Roundtable. Jim was joined on the panel by Miriam Lefkowitz, chief legal officer of Summit Equities, Inc., and Andrew Ma, chief compliance officer for Picton Mahoney Asset Management.
Jim discussed the SEC and FINRA 2017 annual examination priorities letters, how to effectively dialogue with U.S. financial regulators, and the potential impacts of the new administration on the financial regulatory environment.
Other subjects included:
- Custody rules
- Registration exemptions
- Resources for staying informed of changes to U.S. regulations
- SEC expectations before an audit
- Private fund compliance
- The statuses of the DOL Fiduciary Rule and Dodd-Frank Act
- Challenges Canadian firms are facing with U.S. regulations.
NSCP’s annual roundtable is designed for those firms dually registered in Canada and the U.S.