Evolving Standards of Conduct - Legal and Operational Challenges

Overview

Who Should Watch

LIMRA Members needing up to date information on the SEC's recent Regulation Best Interest.

This is a LIMRA member benefit webinar. Registration is open to home/corporate office employees of LIMRA member companies. Membership will be verified upon registration.

Highlights

This webinar will examine the potential legal and operational challenges of meeting new standards of conduct for financial intermediaries under proposed SEC Regulation Best Interest and re-proposed Amendment No. 1 to New York Insurance Regulation 187, including key differences from existing FINRA, state, and DOL requirements.

Presenters

Richard T. Choi

Carlton Fields

Richard T. Choi

Carlton Fields

Richard Choi has extensive experience advising investment companies, investment advisers, broker-dealers, and life insurance companies on federal and state securities and insurance compliance and regulatory matters.

He has published numerous articles and regularly speaks on federal securities issues relating to variable insurance products and mutual funds. He has appeared on Bloomberg TV and has been quoted in Bloomberg, the Chicago Tribune, the Los Angeles Times, National Underwriter, U.S. Banker, the Wall Street Journal Online, and other financial and trade publications. Mr. Choi is the securities and investment companies industry group co-leader.

Stephen W. Kraus

Carlton Fields

Stephen W. Kraus

Carlton Fields

Steve Kraus has extensive experience dealing with the fiduciary and prohibited transaction provisions of ERISA, including the newly issued Labor Department “investment advice” regulation and accompanying exemptions. He also advises life insurance company clients on the tax qualification of annuities and life insurance contracts. Mr. Kraus has experience dealing with the issues surrounding synthetic annuities, including securing private letter rulings for clients; advising clients with regard to issues surrounding Bank-Owned Life Insurance; and advising clients regarding mutual fund taxation issues.

He has represented clients on numerous matters before both the Internal Revenue Service and the Department of Labor. Mr. Kraus was chief counsel, Retirement Security for the American Council of Life Insurers, where he worked for 25 years.

Contact us to learn more:

Debbie Boone

Senior Administrative Coordinator

LIMRA

dboone@limra.com