About This Course
This CLE course provides legal professionals with a timely and in-depth review of the evolving regulatory landscape governing financial responsibility in the securities industry. Anchored in the key findings of the 2025 Regulatory Oversight Report, the session is designed to help attorneys understand both the practical and legal implications of recent and emerging developments affecting broker-dealers and financial institutions.
Participants will examine core topics such as liquidity risk, net capital, and customer protection obligations—critical components of the financial responsibility framework—and how these intersect with firm compliance, enforcement risk, and legal advisory functions. The session also covers new and proposed rule changes, including SEC-mandated U.S. Treasury clearing requirements, with a focus on operational, legal, and structural impacts.
In addition, the course explores current trends in cash risk management, along with recent amendments to SEC Rule 15c3-3 regarding daily reserve requirement calculations. Attendees will gain insights into regulatory expectations, risk exposure, and how to advise clients navigating a shifting supervisory environment.
