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Core Compliance & Legal Services Hosts a One-Day Educational Event with a Focus on the New DOL Rule, Cybersecurity and Other Compliance IssuesCore Compliance & Legal Services, (CCLS) a leading compliance management organization will be hosting a timely, one-day educational event that will cover the new DOL rule, cybersecurity, and other compliance topics trending in the financial services industry. The symposium will be held on Thursday, November 3, 2016 in Anaheim at the Sheraton Park Hotel. Earlier this year, the Department of Labor (DOL) issued a ruling introducing a "fiduciary" responsibility for all financial professionals offering investment advice. Though this ruling went into effect in June of 2016, it will be wholly phased and applicable to all firms by April of 2017. For companies who do not have a strategy in place already, time is quickly running out. This session with industry experts will help you further understand the DOL rule and provide you with the tools and resources necessary to build out an effective implementation plan. Cybersecurity is a hot topic and recent predictions from The International Data Corp have pointed out that close to $101.6 billion will be spent by 2020 on cybersecurity protection products. What's more is businesses should begin viewing cybersecurity as a boardroom discussion rather than a checklist. You can register for the event for a low cost of $300 here: 2016 CCLS Compliance Symposium. During this educational event, the CCLS team will cover the following topics:
"We can't stress enough how critical it is for professionals in the space to practice and implement compliance policies and procedures and protect against cyber attacks," said Michelle L. Jacko, chief executive officer of Core Compliance & Legal Services. "We're proud to offer unique educational opportunities to further enhance and grow our industry professionals in these important areas of compliance and cybersecurity." CCLS offers customized regulatory compliance solutions that help empower its clients to achieve success. The team helps financial institutions and professionals with customized compliance support - from the formation stage, to ongoing testing and internal control development, and then maintenance and evolution of their compliance programs in response to changes in regulations, products and additional service offerings. The new DOL rule is one of the most disruptive changes to the financial industry in years. The impact on financial services firms is enormous. In the cybersecurity area specifically, CCLS has developed a five-point action plan that is practical, economical and effective. This plan includes developing a cybersecurity risk assessment, defense through multiple layers of encryption and multifactor authentication, cybersecurity policies and procedures, user awareness training and a cyber incident response plan. Core Compliance & Legal Services Core Compliance & Legal Services, Inc. (CCLS) specializes in compliance and risk management for the financial industry. CCLS works extensively with investment advisers, broker-dealers, investment companies, hedge funds, private equity firms and banks on regulatory compliance issues. For more information about this topic and other compliance consultation services, please contact us at (619) 278- 0020, [email protected] or visit www.corecls.com. View source version on businesswire.com: http://www.businesswire.com/news/home/20161024005302/en/ |
