With regulatory aggressiveness at historically high levels. Financial institutions must rethink how they thread the compliance needle and reshape the endless regulatory noise into coherent action that promotes dynamic and impactful risk management processes. At Compliance Risk Concepts, we know that your business doesn’t benefit from compliance advice that’s academic or theoretical. Unlike traditional compliance consultants, CRC’s principal advisors all have deep front-office capital markets roots that consistently guide the solutions they prescribe.

The markets are risky enough, let CRC manage your regulatory risk. Contact us for more information on how CRC can help lower your cost of compliance.

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Looking for an easy way to lower the operating costs of your Research Department? Consider outsourcing your Supervisory Analyst function. Chances are, you can save quite a bit. And with CRC, you won’t sacrifice an ounce of speed or quality.

Full-time SAs often encounter significant periods of downtime. That downtime, of course, is downright expensive. Aside from direct compensation, a full-time employee will likely command a benefits package, occupy company real estate and require attention from other company support areas like HR and IT. Fortunately, there’s a more reasonable alternative – retaining an on-call SA through CRC.

When considering a Compliance Advisory firm like CRC, experience is key. CRC’s Supervisory Analyst practice is led by Ms. Jeanine Oburchay who is fully qualified by license (Series 7, 24 and 87) and has the know-how to immediately make a positive impact on both your product quality and your bottom line. As a veteran of more than 17 years on Wall Street, primarily as a sell-side research analyst covering equities and convertibles, Jeanine is well-versed in all aspects of a Research Department’s mission and operational flow. Jeanine had also served as a registered SA with Wachovia Securities where she was responsible for reviewing and approving research reports for a department that published daily morning calls, weekly research publications, new initiations of coverage and timely market responses. Jeanine earned her BS in Finance and her MA in Public Communications from Fordham University and her MBA from Pace University.

All too often, SAs tend to stick to a single function – reviewing and approving research reports. CRC’s SA services, though, can also:

• assist your firm’s compliance with documenting and retaining records of analyst public appearances;
• chaperone interactions between your analysts and your firm’s investment banking or trading personnel;
• oversee issuer pre-publication fact-checking exercises; and
• manage periodic analyst certification requirements (e.g., quarterly Reg AC).

Budgeting for a research department of any size can be a costly prospect. Retaining an outsourced SA will free up resources to redirect toward more productive pursuits such as hiring additional publishing analysts or growing the size of your compensation pool. Or, of course, you can simply save the extra cash and take credit for a budget triumph.

CRC’s SA services can help you cut costs, increase efficiencies and improve your research product. For a more detailed description of CRC’s full array of services and of its professional staff contact, David Amster, Principal and Head of CRC’s Fund and Dealer Advisory practice at 917-568-6470.

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Sometimes, Being Two-Faced is a Good Thing…

Spotlight On Talent: David Amster, Principal and Head of Fund and Dealer Advisory

On January 1, 153 B.C., Rome was the site of the first recorded new year’s celebration during which Romans paid tribute to Janus – January’s namesake and the Roman god of beginnings and endings. Janus had two faces, one looking forward and one looking back. Taking a cue from Janus and in keeping with its own New Year’s tradition, FINRA looks both back on the past and forward toward the future with its annual Regulatory and Examination Priorities Letter. As always, it’s a particularly useful tool that offers a straightforward glimpse into the collective mindset of FINRA’s senior leadership. CRC strongly advises its clients (and all other member firms, for that matter) to heed FINRA’s counsel and to apply critical thought to those areas of the letter that are relevant to their firm’s business lines and operations.

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David Amster offers key takeaways from FINRA’s annual dispatch. Enter your information below to download your complimentary copy of Sometimes, Being Two-Faced is a Good Thing… FINRA 2017 Regulatory and Examination Priorities Letter:

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COMPLIANCE BULLETIN: DOL FIDUCIARY RULE Spotlight On Talent: David Amster, Principal and Head of Fund and Dealer Advisory The United States Department of Labor (“DOL”) recently finalized rules that require financial institutions that offer retirement advice to address conflicts of interest (“COIs”) that arise as a result of offering such advice (the “Fiduciary Rule”). The effective date is April 10, 2017. As one would expect with any new rule of this magnitude, there are potential minefields everywhere. David Amster, examines these minefields and discusses what you need to know about the DOL Fiduciary Rule to stay ahead of the game.

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Enter your information below to download your complimentary copy of David Amster's Who You Callin' A Fiduciary???.

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ABOUT DAVID AMSTER David Amster, Principal and Head of Fund and Dealer Advisory, is responsible for CRC’s business development, client relationship management and for supervising the execution of strategic engagements. David joined CRC in September 2016 from CRT Capital Group LLC, where he served for more than 15 years as Managing Director and Chief Compliance Officer.

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