Overview

Co-hosted by the American Institute of Certified Public Accountants (AICPA) and the SIFMA Financial Management Society (SIFMA FMS), the National Conference on the Securities Industry features senior executives, regulators and subject matter experts on the latest developments in securities regulation, auditing, and accounting requirements.

The October 28-30th virtual program includes:

  • One-on-one conversations with WNBA Commissioner Cathy Engelbert, and with regulatory and industry leaders
  • Financial industry analyst perspective
  • Cybersecurity risk management
  • Critical updates from FASB and industry experts
  • Economic and accounting updates
  • Open Q&A session with representatives from the SEC, FINRA and CFTC; and more

Attendees eligible for 12.5 CPE credits.

Registration closes Tuesday, October 27 at 7:00 p.m. ET – sign up today

Featured Speakers

 

AICPA FMS

AICPA and SIFMA FMS National Conference on the Securities Industry

Date

October 28 - October 30, 2020

Location

Virtual

Hosted by

AICPA and SIFMA FMS

Registration Rates – Until 10/27/20

  • SIFMA Member $299
  • Non-Member $399
  • Regulator $99

Overview

Co-hosted by the American Institute of Certified Public Accountants (AICPA) and the SIFMA Financial Management Society (SIFMA FMS), the National Conference on the Securities Industry features senior executives, regulators and subject matter experts on the latest developments in securities regulation, auditing, and accounting requirements.

The October 28-30th virtual program includes:

  • One-on-one conversations with WNBA Commissioner Cathy Engelbert, and with regulatory and industry leaders
  • Financial industry analyst perspective
  • Cybersecurity risk management
  • Critical updates from FASB and industry experts
  • Economic and accounting updates
  • Open Q&A session with representatives from the SEC, FINRA and CFTC; and more

Attendees eligible for 12.5 CPE credits.

Registration closes Tuesday, October 27 at 7:00 p.m. ET – sign up today

Featured Speakers

 

AICPA FMS

Program

9:15am – 10:00am

Virtual Exhibit Hall

10:00am – 10:10am

Participants

Michael Lyons

Speaker

Michael Lyons

Chief Financial Officer & Treasurer

National Financial Services

Chair

SIFMA's Financial Management Society

Michael Lyons’s Biography

10:10am – 11:00am

Piper Sandler is a leading investment bank and institutional securities firm based in Minneapolis, Minnesota. In December of 2017, Piper Sandler announced that Deb Schoneman was named its President. Ms.…

Piper Sandler is a leading investment bank and institutional securities firm based in Minneapolis, Minnesota. In December of 2017, Piper Sandler announced that Deb Schoneman was named its President. Ms. Schoneman joined Piper Jaffray in 1990, and has held various senior management positions, including finance director of both equity and fixed income capital markets, treasurer and global head of equities. She was named chief financial officer in 2008, overseeing the firm’s financial health through the 2008 financial crisis and leading it to its strong position today. Ms. Schoneman is a member of Piper’s board of directors and also serves on the board of directors of SIFMA.

In a conversation with Mike Lyons, Deb Schoneman will share insight on Piper Sandler’s approach to the future environment in a year filled with uncertainty as well as reflect on her career and comment on the power of trust and authenticity as key drivers for growth as a securities finance professional.

Participants

Michael Lyons, Deb Schoneman

Moderator

Michael Lyons

Chief Financial Officer & Treasurer

National Financial Services

Chair

SIFMA's Financial Management Society

Michael Lyons’s Biography

Speaker

Deb Schoneman

President

Piper Sandler

Deb Schoneman’s Biography

11:10am – 12:00pm

Bari Havlik joined FINRA as Executive Vice President of the Member Supervision group in 2018, bringing numerous ideas for change to the examination and risk monitoring programs. She was previously…

Bari Havlik joined FINRA as Executive Vice President of the Member Supervision group in 2018, bringing numerous ideas for change to the examination and risk monitoring programs. She was previously the Chief Compliance Officer at The Charles Schwab Corporation. During her 30-year career as a compliance officer, Bari responded to many requests from regulators. In this session, Ira Hammerman, General Counsel of SIFMA, will conduct a fireside chat with Bari with the goal of understanding the changes that Bari has made to the surveillance and examination programs and what we can expect in the future.

Participants

Ira D. Hammerman, Bari M. Havlik

Moderator

Ira D. Hammerman

Executive Vice President & General Counsel

SIFMA

Ira D. Hammerman’s Biography

Speaker

Bari M. Havlik

Executive Vice President, Member Supervision

FINRA

Bari M. Havlik’s Biography

12:00pm – 1:00pm

Break – Virtual Exhibit Hall Open

2:00pm – 2:50pm

The global economy has a direct impact on the trading, investment banking, investment advisory and other businesses that securities firms conduct. Senior finance executives need to pay attention to global…

The global economy has a direct impact on the trading, investment banking, investment advisory and other businesses that securities firms conduct. Senior finance executives need to pay attention to global economist trends and events, so they can appreciate the impact on their firms. Tariffs, immigration policy and events – such as Brexit – have an impact in Europe, the U.S. and elsewhere. Tom Porcelli will provide his insights regarding the global economy and what may be ahead for us in the U.S.

Participants

Tom Porcelli

Speaker

Tom Porcelli

Managing Director and Chief U.S. Economist

RBC Capital Markets, LLC

Tom Porcelli’s Biography

3:00pm – 3:50pm

Cathy Engelbert was appointed Commissioner of the WNBA in July 2019. As the WNBA’s first Commissioner, Engelbert is responsible for setting the vision for the WNBA and overseeing the league’s…

Cathy Engelbert was appointed Commissioner of the WNBA in July 2019. As the WNBA’s first Commissioner, Engelbert is responsible for setting the vision for the WNBA and overseeing the league’s day-to-day business and basketball operations. In 2015, Cathy was appointed the CEO of Deloitte, becoming the first female CEO of a Big 4 accounting firm. During her tenure, revenues grew more than 30 percent, and Cathy drove a people-first agenda, including implementing a holistic well-being culture through programs like Deloitte’s 16-week family leave policy. As a strong supporter of diversity and inclusion, Engelbert is the first woman to serve as chair of the Catalyst Board, a global non-profit organization that promotes inclusive workplaces for women and was also the first woman chair of the Center for Audit Quality Governing Board.

In a conversation with Chip Verrone, the Chair of the SIFMA FMS leadership committee, Cathy will discuss her own career and the challenges that she faced. She will also share her thoughts on what leaders should do to promote the growth of all of their employees, what young professionals should do to advance their own careers, and what both should do to foster diversity and inclusion in the workplace.

Participants

Stephen (Chip) Verrone, Cathy Engelbert

Moderator

Stephen (Chip) Verrone

Managing Director

EY

Stephen (Chip) Verrone’s Biography

Speaker

4:00pm – 4:50pm

In an increasingly interconnected and digitally-enabled world, ensuring the economic and security resilience of the Nation requires breaking down silos and engaging in cross-cutting partnership activity. Daniel Kroese will provide…

In an increasingly interconnected and digitally-enabled world, ensuring the economic and security resilience of the Nation requires breaking down silos and engaging in cross-cutting partnership activity. Daniel Kroese will provide an overview of the current cybersecurity threat landscape and how government and industry can continue working together to gain the upper hand on malicious actors in cyberspace.

Participants

Daniel Kroese

9:15am – 10:00am

Virtual Exhibit Hall

10:00am – 10:10am

Participants

Jim McConekey

10:10am – 11:00am

Hester M. Peirce was appointed to the U.S. Securities and Exchange Commission on January 11, 2018. Prior to joining the SEC, Commissioner Peirce conducted research on the regulation of financial…

Hester M. Peirce was appointed to the U.S. Securities and Exchange Commission on January 11, 2018. Prior to joining the SEC, Commissioner Peirce conducted research on the regulation of financial markets at the Mercatus Center at George Mason University. She was a Senior Counsel on the U.S. Senate Committee on Banking, Housing. Commissioner Peirce served as counsel to SEC Commissioner Paul S. Atkins. She also worked as a Staff Attorney in the SEC’s Division of Investment Management. Commissioner Peirce was an associate at Wilmer, Cutler & Pickering (now WilmerHale).

Dan Gallagher is the Chief Legal Officer of Robinhood. Before joining Robinhood, Dan was Partner and Deputy Chair of the Securities Department at WilmerHale. Dan has an extensive background in financial markets and regulatory matters, including serving as a Commissioner of the U.S. Securities and Exchange Commission (SEC) from 2011 to 2015. He held several other positions on the SEC staff prior to being appointed commissioner, including deputy director and co-acting director of the division of trading and markets. Dan also served as the Chief Legal Officer at Mylan N.V., a leading global pharmaceutical company, and as the president of a financial services consulting firm.

Dan and Hester will reflect on innovation in the securities industry, securities regulation generally and the Securities and Exchange Commission’s (SEC) agenda.

Participants

Dan Gallagher, The Honorable Hester M. Peirce

Moderator

Dan Gallagher

Chief Legal Officer

Robinhood

Former Commissioner

U.S. Securities and Exchange Commission

Dan Gallagher’s Biography

Speaker

11:10am – 12:00pm

The Emerging Technologies Panel will cover three topics: Haimera Workie from FINRA will provide an overview of AI technology in the securities industry and discuss challenges confronted by broker-dealers as…

The Emerging Technologies Panel will cover three topics:

  • Haimera Workie from FINRA will provide an overview of AI technology in the securities industry and discuss challenges confronted by broker-dealers as they introduce AI-based applications to their business;
  • Jennifer Peve from DTCC will discuss key concepts regarding settlement optimization and accelerated settlement initiatives modeled around a T+0 settlement cycle and DTCC’s proposed design of a digital accelerated settlement service; and
  • Paul Hutchison will discuss financial service firm’s movement of data to the cloud and how that can drive better decision making and innovation, increase resiliency, enhance security and reduce costs.

Participants

Harvinder Bhatia, Paul Hutchison, Jennifer C. Peve, Haimera Workie

Moderator

Harvinder Bhatia

Managing Director, Capital Markets Digital Transformations Leader

KPMG LLP

Harvinder Bhatia’s Biography

Panelists

Paul Hutchison

Senior Partner Financial Services, CBDS

IBM

Paul Hutchison’s Biography

Jennifer C. Peve

Managing Director, Business Innovation

DTCC

Jennifer C. Peve’s Biography

Haimera Workie

Head of Financial Innovation and Senior Director

FINRA

Haimera Workie’s Biography

12:00pm – 1:00pm

Break – Virtual Exhibit Hall Open

2:00pm – 2:50pm

Alex is a senior analyst in Global Investment Research covering U.S. asset managers, brokers, exchanges and trust banks in the Financial Services Business Unit. In addition to his coverage responsibilities,…

Alex is a senior analyst in Global Investment Research covering U.S. asset managers, brokers, exchanges and trust banks in the Financial Services Business Unit. In addition to his coverage responsibilities, he is a deputy business unit leader for the Financial Services Group. Alex joined Goldman Sachs in 2007 and was named managing director in 2015. He will provide his views and insights around the economic and regulatory implications that impact the financial services industry.

Participants

Alexander Blostein

Speaker

Alexander Blostein

Managing Director & Senior Analyst, Global Investment Research

Goldman Sachs & Co.

Alexander Blostein’s Biography

3:00pm – 3:50pm

Susan Cosper joined the Financial Accounting Standards Board (FASB) on May 1, 2019.  She previously served as the FASB’s Technical Director, Chair of the Emerging Issues Task Force and the…

Susan Cosper joined the Financial Accounting Standards Board (FASB) on May 1, 2019.  She previously served as the FASB’s Technical Director, Chair of the Emerging Issues Task Force and the Diversity Leader for the FAF/FASB/GASB. Leslie Seidman is the founder of the Center for Excellence in Financial Reporting at the Lubin School of Business at Pace University.  She is also a Director and the Audit Chair of both General Electric and Moody’s Corporation. She is the immediate past Chairman of the Financial Accounting Standards Board (FASB), where she also served as a member of the Board from 2003-2013.

The mission of the FASB is to establish and improve standards of financial accounting and reporting for the guidance and education of the public, including issuers, auditors, and users of financial information.  Leslie and Susan will discuss the FASB’s mission as it relates to its current agenda and direction and how its approach has evolved over the years.  They will also share some of their experiences and challenges they faced as women in the accounting profession.

Participants

Tracey Golden, Susan M. Cosper

Moderator

Speaker

4:00pm – 4:50pm

David Challen will discuss recently adopted accounting pronouncements with an emphasis on those that impact the financial services industry.

David Challen will discuss recently adopted accounting pronouncements with an emphasis on those that impact the financial services industry.

Participants

David Challen

Speaker

David Challen

Partner

PwC

David Challen’s Biography

9:15am – 10:00am

Virtual Exhibit Hall

10:00am – 10:05am

Participants

Michael P. Jamroz

Speaker

Michael P. Jamroz

Retired Partner, Senior Advisor Under Contract

Deloitte & Touche LLP

Michael P. Jamroz’s Biography

10:05am – 10:55am

This panel of experts will clarify and demystify the audit procedures and auditor reporting requirements for broker-dealers that depend on the type of broker-dealer and overlapping requirements when the broker-dealer…

This panel of experts will clarify and demystify the audit procedures and auditor reporting requirements for broker-dealers that depend on the type of broker-dealer and overlapping requirements when the broker-dealer has additional registrations. This session will also discuss some of the challenging topics and areas that registrants and auditors need to navigate and evaluate in the context of audit/attestation engagements.

Participants

Jim McConekey, Amy Emens, Beth Goldstein, Nancy Grimaldi, John Iacobellis, Stephen Zammitti

Moderator

Panelists

Amy Emens

Partner

PwC

Amy Emens’s Biography

John Iacobellis

Assurance Partner

BDO

John Iacobellis’s Biography

Stephen Zammitti

Engagement Partner

EY

Stephen Zammitti’s Biography

11:05am – 12:20pm

The banking, securities and commodities regulators have been working on measures that will impact the size and liquidity of brokerage firm balance sheets. These measures will directly affect return on…

The banking, securities and commodities regulators have been working on measures that will impact the size and liquidity of brokerage firm balance sheets. These measures will directly affect return on equity and will drive business decisions of the leadership of securities firms. This panel will explore those measures and their impact.

Participants

Michael P. Jamroz, Michael A. Macchiaroli, Thomas J. Smith, Bill Wollman

Moderator

Michael P. Jamroz

Retired Partner, Senior Advisor Under Contract

Deloitte & Touche LLP

Michael P. Jamroz’s Biography

Panelists

Michael A. Macchiaroli

Associate Director, Division of Trading and Markets

U.S. Securities and Exchange Commission

Michael A. Macchiaroli’s Biography

Thomas J. Smith

Deputy Director, Division of Swap Dealer and Intermediary Oversight

Commodity Futures Trading Commission

Thomas J. Smith’s Biography

Bill Wollman

Executive Vice President, Head of Office of Financial and Operational Risk Policy

FINRA

Bill Wollman’s Biography

Securities Based Swaps – Uncleared Margin, Capital and Segregation requirements COVID-19 Environment - Market Volatility and Operational Challenges Enhancements to current broker-dealer regulatory reporting infrastructure New Products/Solutions

  • Securities Based Swaps – Uncleared Margin, Capital and Segregation requirements
  • COVID-19 Environment – Market Volatility and Operational Challenges
  • Enhancements to current broker-dealer regulatory reporting infrastructure
  • New Products/Solutions

Participants

Venu Palaparthi, Ann Cheeseman, Colleen Doherty Hickey, Marvin Griffith, Zachary Zweihorn

Moderator

Panelists

Ann Cheeseman

Partner

EY

Ann Cheeseman’s Biography

Colleen Doherty Hickey

Group Treasurer, CFO Broker Dealer

Jump Trading

Colleen Doherty Hickey’s Biography

Marvin Griffith

Principal Financial Officer

CIBC World Markets Corp.

Marvin Griffith’s Biography

Migrating risk and regulatory reporting data to the cloud is turning out to be one of the hottest trends for 2020 – but not everyone is getting it right, and…

Migrating risk and regulatory reporting data to the cloud is turning out to be one of the hottest trends for 2020 – but not everyone is getting it right, and there are pitfalls to be avoided as well positive outcomes to be achieved. Especially in today’s remote working world, Broker-Dealers are facing the challenge of meeting all their compliance requirements and regulatory deadlines – and while that is driving a strong movement towards cloud-based operations, it also throws up some compelling questions around how to make this process as efficient, effective and secure as possible.

In this webinar, we look at why transitioning operating risk and regulatory reporting on the cloud is the right move for Broker-Dealers to future-proof their global regulatory programs – especially now, when regulators globally require ever more data with ever more frequency.

During a facilitated discussion, experts from AWS, AxiomSL, and leading financial institutions will discuss the benefits of transitioning to a vendor-provided cloud solution and explore key use cases to provide insight into real-life experience.

Join us to explore important concerns such as:

  • Ensuring alignment with regulator requirements while implementing sensitive non-public information to a cloud infrastructure
  • How vendor-provided cloud solution capability compares to broker dealers’ own private clouds
  • Ensuring ongoing security of highly sensitive risk and regulatory data in a world of ever-increasing integration
  • Balancing the need to embrace change as a differentiator with the inherent risks change inevitably brings

Participants

Harry Chopra, John McDonald, George Parry, Rochelle Pullman, Eric Rothrock

Speakers

Harry Chopra

Chief Client Officer

AxiomSL

Harry Chopra’s Biography

John McDonald

Head of Governance, Risk & Compliance - Americas

Amazon Web Services

John McDonald’s Biography

George Parry

Managing Director, CFO, Treasurer (FINOP)

Daiwa Capital Markets

George Parry’s Biography

Rochelle Pullman

Executive Director, Broker Dealer Subject Matter Expert

AxiomSL

Rochelle Pullman’s Biography

Eric Rothrock

Senior Vice President, Cloud Product Management

AxiomSL

Eric Rothrock’s Biography

Venue

Virtual Gathering


Webinars, Webcasts, Virtual

Join us online for live and on-demand sessions! Participation instructions will be sent in advance of the event.

Picture of venue

Accreditation

Attendees are eligible for 12.5 hours of Continuing Professional Education (CPE) Credits for this conference. The breakdown of field of study can be found below.

Total Accounting (A) Minutes: 100
Total Auditing (AU) Minutes: 50
Total Economics (ECO) Minutes: 100
Total Specialized Knowledge (SK) Minutes: 225
Total Personal Development (PD) Minutes: 50
Total Information Technology (IT) Minutes: 100

AICPA is an accredited CPE provider in the United States. For more information on CPE credits, contact AICPA Conferences at 888.777.7077.

Media

Media Inquiries and Registration
Contact Evan Grogan at 212.313.1134.

Policy
View SIFMA’s official webinar press policy.

Terms and Conditions

Code of Conduct
SIFMA meetings and events are intended to educate and engage our members and industry participants in thoughtful conversations. Inappropriate behavior will not be tolerated. View our Code of Conduct and anonymous incident report form.

Cancellations and Substitutions
Cancellation within 48 hours of the virtual event will be subject to a $25 cancellation fee. No substitutions or transfers will be accepted.