Welcome
Incorporated in 1997, the purpose of NEBDIAA is to provide a forum for the professional exchange of information among investment advisers, broker dealers, and persons who provide services to investment advisers and broker dealers, and to direct communication among its members which will improve their ability to serve the needs of their respective clients. The forum helps members navigate an increasingly complex and ever-changing regulatory landscape. NEBDIAA is a non-profit organization.
NEBDIAA meetings take place quarterly at the Federal Reserve Plaza, 600 Atlantic Ave., Boston, MA. Meetings are from 12pm-2pm and include lunch.
Annual Membership Dues: $125 per person, Guest Fee (must be sponsored by a member): $35
Upcoming Meetings
June 20, 2013: Are You a Fiduciary?
Speakers: Mary Rosen (Associate Director, U.S. Department of Labor), Marcia Wagner (The Wagner Law Group), FINRA Representative (invited)
Our panel for this meeting will provide an update on the standards of care applicable to broker dealers and investment advisers, and both as service providers to ERISA qualified plan assets. There is still significant rule-making that remains in process by the SEC and the Department of Labor regarding standards of care, the disclosure requirements mandated for various service providers and how service providers are defined. Also, we’ve asked the panel to discuss how reviews of IAs and BDs might change if proposed fiduciary standard rule changes become adopted. Under the rule-making, which services your firm provides and how it provides them can be the dividing line between how your firm may do something without violating old or new disclosure rules or prohibited transaction exemptions. This is a top down regulatory area of which all of us should be knowledgeable.
NEBDIAA Members can register for the program by emailing NEBDIAA@ascendantcompliance.com.
Past Meetings
February 28, 2013 IT Governance and SEC Examinations Speaker(s): E.J. Yerzak, Ascendant Compliance; Phil Sindel, Olmstead Associates, Inc.
December 20, 2012 Social Media in 2013: What We Need To Know Speaker(s): Gabriel Borthwick, MetLife; Steve Ganis, Mintz Levin; Victor Gaxiola, Actiance; Tim Silva, Wilmer Hale
September 26, 2012 Speaker(s): Michael Garrity, U.S. Securities & Exchange Commission (Boston). Moderated by Keith Marks, Ascendant Compliance.
May 8, 2012 Speaker(s): Joshua Cook, John Hancock Financial Services and Keith Marks, Ascendant Compliance.
February 6, 2012 Speaker(s): Keith Marks, Ascendant Compliance and Jackie Hallihan, Ascendant Compliance.
Annual Membership Dues: $125 per person, Guest Fee (must be sponsored by a member): $35.