The MSRB and FINRA compliance training will teach you all of the complicated aspects of RTTR (Reports of Sales or Purchases) and TRACE (Trade Reporting and Compliance Engine) in a way that is laid out for ease of understanding and learning.
Why Should You Attend:
This MSRB and FINRA regulations training draws on the expertise of veteran regulatory compliance officers with over 40 years’ combined experience. In addition to teaching detailed elements of RTTR and TRACE, it provides real-world examples that can be immediately applied in the workplace. It also includes answers to frequently asked questions to enhance your understanding of the material. The module has been developed to keep you engaged and to touch upon the daily issues that arise with trade reporting, including, but not limited to, FINRA’s focus during examinations.Learning Objectives:
After participating in this module, you will have learned:- Transactions that are eligible for reporting
- Recommended processes for transaction reporting, including time stamping of trades
- Fields that are required to be reported
- Who is responsible for reporting
- Recent changes and amendments to RTTR and TRACE
- How to avoid late trades
- Supervisory infrastructures for reviewing compliance with RTTR and TRACE
- Learn beyond reading pages from regulatory manuals. This innovative training module is engaging and makes learning more interesting.
Areas Covered in the Seminar:
- The RTTR and TRACE reporting process, including a flowchart from time of execution to final reporting
- Inputting and monitoring RTTR and TRACE transactions in real time
- A listing of the fields to be input, and a description of each
- An understanding of each entities role in transaction reporting
- An understanding of step out and step in procedures
- Avoiding common errors
- Use of report cards and other management reporting tools provided by FINRA
- FINRA’s exam focus and regulatory inquiries regarding RTTR and TRACE
- Supervisory infrastructures
- Real world frequently asked questions
Who Will Benefit:
- Capital Markets Firms Back Office Support, Trader Assistants, and/or Sales Assistants
- Supervisors of Operations, Traders and/or Sales
- Regulatory Compliance Officers
- Risk Officers
- Internal Auditors
- Risk Managers
Course Provider
Kimberly McManus,
