Peer Group Discussions:

• Bank/Credit Union-Owned Broker Dealers: Peter Bielan and Rich Guerrini
• TPM Client Banks and Credit Unions: Scott Stathis, Jonathon Allen, and Tim Sease
• Sales Managers: Frank Consalo and Kevin McCarthy

Please note that these peer groups are for bank and credit union attendees only.

Welcome & Industry Regulator Panel with FINRA & SEC:

Facilitated by: Ben Marzouk, Counsel, Eversheds Sutherland

Pete Driscoll was named Director of the U.S. Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) in October 2017, after serving as Acting Director since January 2017. Before that, he served as OCIE’s first Chief Risk and Strategy Officer, and he was OCIE’s Managing Executive from 2013 through February 2016.

Mr. Driscoll joined the Agency in 2001 as a staff attorney in the Division of Enforcement in the Chicago Regional Office and was later a Branch Chief and Assistant Regional Director in OCIE’s Investment Adviser and Investment Company examination program.

Prior to the Agency, Mr. Driscoll began his career with Ernst & Young LLP and held several accounting positions in private industry. He received his B.S. in Accounting and law degree from St. Louis University. He is licensed as a certified public accountant and is a member of the Missouri Bar Association.

James S. Wrona is Vice President and Associate General Counsel for the Financial Industry Regulatory Authority (FINRA) in Washington, DC. In this role, he is responsible for various policy initiatives, rule changes and litigation regarding the securities industry. Mr. Wrona formerly was associated with the law firm of K&L Gates LLP, where his practice focused on complex federal litigation. He also previously served as a federal law clerk for the Honorable A. Andrew Hauk of the United States District Court for the Central District of California (Los Angeles). Mr. Wrona is a frequent speaker at securities and litigation conferences and author of numerous law review articles, including The Best of Both Worlds: A Fact-Based Analysis of the Legal Obligations of Investment Advisers and Broker-Dealers and a Framework for Enhanced Investor Protection, 68 BUS. LAW. 1 (Nov. 2012); The Securities Industry and the Internet: A Suitable Match?, 2001 COLUM. BUS. L. REV. 601 (2001).

In this Industry Regulatory Panel with FINRA & SEC, Ben Marzouk from Eversheds Sutherland (US) LLP will moderate a discussion with Pete Driscoll (SEC’s Director of the Office of Compliance Inspections and Examinations) and Jim Wrona (FINRA’s Vice President and Associate General Counsel). This Q&A will focus on SEC and FINRA expectations for broker-dealers and investment advisers during virtual branch audits and examinations, as well as other supervisory and related challenges posed by COVID-19 and the new remote working environment. In addition, we will cover SEC and FINRA observations and findings from Reg BI and Form CRS examinations, and best practices moving forward for firms in 2021.

Keynote Session: 2020 Elections -- Political and Policy Update

James (“Jim”) Febeo is Senior Vice President and Head of Federal Government Relations for Fidelity Investments, a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to more than 20 million individuals, institutions, and financial intermediaries.

Since joining Fidelity in February 2000, Mr. Febeo has worked to align policy outcomes with the firm’s strategic objectives. He has advocated on behalf of the firm’s interests in Washington and globally on a wide range of legislative and regulatory policies impacting the financial services sector.

In his current role, Mr. Febeo is responsible for managing the firm’s engagement with government officials on regulatory and legislative policies that could impact Fidelity, its products and services, and the firm’s ability to serve its clients and customers. His areas of expertise include financial services regulation, including the Dodd-Frank Act, mutual fund, brokerage and securities regulation, and retirement and education savings policy.

Prior to joining Fidelity, Mr. Febeo represented the nation's largest retail banks as a Washington lobbyist with the Consumer Bankers Association. Mr. Febeo received his undergraduate degree with honors from Emory University in 1992 and earned his juris doctorate from the University of Connecticut School of Law in 1995. He is admitted to the bar in Massachusetts, Connecticut, and the District of Columbia.

Q&A Session with SEC Commissioner Hester Peirce & Closing Comments:

Facilitated by: Carlo di Florio, Chief Services Officer, ACA Compliance Group

Hester M. Peirce was appointed by President Donald J. Trump to the U.S. Securities and Exchange Commission and was sworn in 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, and Urban Affairs, where she advised Ranking Member Richard Shelby and other members of the Committee on securities issues. 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) and clerked for Judge Roger Andewelt on the Court of Federal Claims.

Commissioner Peirce earned her bachelor’s degree in Economics from Case Western Reserve University and her JD from Yale Law School.