TDCI Hosts Investment Adviser Compliance Seminar

NASHVILLE  —  Fifty registered investment advisers from across the state gained valuable insight about numerous compliance issues facing the securities industry at the 2014 Annual Investment Adviser Compliance Seminar at the Department of Commerce and Insurance’s offices in Nashville.

The event, which was held in early November, featured guest speaker Larry Burton, the former chief of Broker-Dealer and Investment Adviser Registration in the department’s Securities division, along with Assistant Commissioner Daphne Smith and other members of the Securities Division team.

The seminar covered a range of topics that included registration requirements, examination trends, cybersecurity, vulnerable investors, client solicitations, and enforcement threats.

Attendees participated in a question-and-answer session and the seminar closed with an opportunity to network with Division members.

About the Department of Commerce and Insurance: The state Department of Commerce and Insurance is a diverse entity of six divisions charged with protecting the interests of consumers while providing fair, efficient oversight and a level field of competition for a broad array of industries and professionals doing business in Tennessee. Our divisions include the Division of Consumer Affairs, the Division of Insurance, the Division of Securities, the Division of TennCare Oversight, the Division of Fire Prevention and the Division of Regulatory Boards.

About the Division of Securities: The Division of Securities regulates broker-dealer firms, securities agents, investment adviser firms, investment adviser firm notice filers, and investment adviser representatives. It also registers securities products, investigates investor complaints of misconduct and fraud, and provides investor education programs across the state.

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