Bates Group

Expert Insights: The Compliance Risks of Artificial Intelligence.
While reviewing the State of Financial Crimes 2024 report published by ComplyAdvantage; the survey findings pertaining to Artificial Intelligence-based compliance solutions stood out to me as a compliance professional who uses this technology.
https://ow.ly/53bC50QtxWq

Prepaid card issuers must ensure that the third-party vendors they do business with meet certain reporting standards. Watch our quick video now on what's involved. And, to stay compliant, find out what Bates Compliance Training can do for your business. https://ow.ly/eKtI50QsbgH

Meet Bates Compliance Director Matt Summers at the NMLS 2024 Annual Conference & Training, Feb. 13-16, in San Antonio, TX. Connect with Matt and learn more about our comprehensive services, including state license acquisition and maintenance, independent reviews, compliance support, and training.
Details: https://www.batesgroup.com/news/meet-bates-at-the-2024-nmls-conference

Alert: FINRA just published its 2024 Annual Regulatory Oversight Report, providing insights and observations for member firms to strengthen their compliance programs. Topics of focus range from Crypto Assets risks to cybersecurity, AML, and Reg BI issues. Learn more now at https://ow.ly/vsbM50QpWWB

Your RIA deserves more than cookie-cutter compliance support in 2024. The expert consultants at Bates partner with firms to create compliance solutions tailored to your needs throughout the lifecycle of your RIA. Whether you need targeted compliance support or want to build an ongoing partnership with someone who understands your RIA business model, Bates can help deliver consistent results. Get Started with Ongoing Compliance Consulting:
https://ow.ly/k7Tk50Qkmu7

Facing FINRA and SEC Litigation and Arbitration cases?
Start the new New Year by putting your stress on hold. Contact us now, and we’ll help you secure your consulting and testifying experts. https://ow.ly/HHxO50QnarK

Market Manipulation will remain a regulatory priority again in 2024. Discover how our highly experienced team assists firms with inquiries from the CFTC, OCC, FINRA, SEC, and state regulators — as well as supporting internal investigations — through industry-leading analysis of big datasets. Explore how we can assist you: https://ow.ly/79TL50Qn5ac

Happy New Year! Best wishes for a healthy, hopeful, and prosperous 2024 from Bates Group.
www.BatesGroup.com

Happy Holidays from Bates Group!
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Your RIA deserves more than cookie-cutter compliance support in 2024. The expert consultants at Bates partner with firms to create compliance solutions tailored to your needs throughout the lifecycle of your RIA. Whether you need targeted compliance support or want to build an ongoing partnership with someone who understands your RIA business model, Bates can help deliver consistent results. Get Started with Ongoing Compliance Consulting:
https://ow.ly/6QIC50Qkmu6

TODAY at 1 pm ET: Stay ahead of compliance in the New Year by mastering the SEC's 2024 exam priorities in a complimentary webinar. Industry experts from Bates Group, Alphastar Capital, Docupace, InvestorCOM, and Scopus Financial Gain. Discover how to:
• Navigate the convergence of best interest principles across Reg BI and DOL's Fiduciary requirements,
• Provide investment advice to clients across products, strategies, and account types,
• Processes to determine the investment advice is provided in clients' best interest and
• Use technology to consider reasonably available alternatives (RAA) products, account types, and rollover recommendations.
To join us TODAY at 1 pm ET — register now: https://ow.ly/ozwt50Qhw1g. Limited spots are available!

Tomorrow at 1 pm ET: Stay ahead of compliance in the New Year by mastering the SEC's 2024 exam priorities in a complimentary webinar. Industry experts from Bates Group, Alphastar Capital, Docupace, InvestorCOM, and Scopus Financial Gain. Discover how to:
• Navigate the convergence of best interest principles across Reg BI and DOL's Fiduciary requirements,
• Provide investment advice to clients across products, strategies, and account types,
• Processes to determine the investment advice is provided in clients' best interest and
• Use technology to consider reasonably available alternatives (RAA) products, account types, and rollover recommendations.
To join us tomorrow at 1 pm ET — register now: https://ow.ly/O6UQ50QhvS0. Limited spots are available!

In the United States, consumers have certain rights when it comes to financial institutions, including the right to file complaints with the Consumer Financial Protection Bureau. In this video, we'll take a closer look at some common consumer complaints as well as how they are reported and resolved. https://youtu.be/m3MhiPA1soI

Don't miss this! Bates expert Rob Ayers addresses "FedNow's Instant Effect: Cross-Border Payment Dynamics" today at 6 p.m. on the CrossTech Virtual Roundtable (VRT). Get the details: https://ow.ly/QVs550QfTzX

Subject to a Rights of Reinstatement-related inquiry or examination? We've helped numerous firms — including three of the largest with ROR-related settlements — and dozens more broadly with Share Class matters. Learn how our team's deep experience and significant resources (including our proprietary database of historical mutual fund information) can help. Contact Bates today: https://ow.ly/TesF50QceWn

Join Bates Group for part two of our onsite sit-down with compliance attorney Joseph Cutler, Firmwide Chair Fintech Industry Group, of Perkins Coie LLP at MTRA 2023. In this video, Joseph walks us through the importance of tailoring an AML program and risk assessment to an organization's risk profile. https://youtu.be/ercjq-hryCE

A Look At 2023 FINRA Arbitration Award Stats: What’s Trending, What’s Not
https://www.linkedin.com/pulse/look-2023-finra-arbitration-award-stats-whats-trending-94rhe

RIAs: Are you over the $110MM AUM threshold and need to transition to the SEC in 2024? Let us help you navigate the move. We'll leverage the knowledge of our experienced staff to explain the content and implementation of all required documents. Contact us now: https://ow.ly/iuQ950Q8v0Z

Today, Thur., Nov. 16, at : Join “Navigating the Global Landscape: Transformations of the Financial Services Industry,” moderated by Bates Compliance Consulting Expert Rob Ayers at 4:30 p.m.: https://ow.ly/E5BV50Q73Vp

Today at the 2023 Securities Industry Symposium in St. Louis: We're looking forward to delving into the world of securities and artificial intelligence with Patrick Cox, Bates Expert Witness and Compliance Consultant, as part of an afternoon of highly informative discussions and networking opportunities co-hosted by the Bar Association of Metropolitan St. Louis and Greensfelder. https://ow.ly/Vaht50Q7A4m

Today, Wed., Nov. 15, at : Explore “Regulatory Compliance in Cross-Border Payments: Facilitating the Secure Flow of Funds” with Brandi Reynolds, Bates Managing Director, at 10:30 a.m.
Then, at 2:30 p.m., join Bates Compliance Consulting Expert Rob Ayers for “Roundtable Global Banking Solutions: Exploring the Ideal Bank for International Expansion.”
Learn more: https://ow.ly/gNvA50Q74zH

Today, Tues., Nov. 14, at : Gain valuable insights on “Exploring Crypto Compliance: Insights and Strategies for Cross-Border Payments” at the Compliance Officers Discussion Forum with Brandi Reynolds, Managing Director, Bates Group. At 4 p.m. https://ow.ly/V5vj50Q759R

Join us for a unique 3-day professional event exclusive to compliance professionals in MSBs and non-banking financial institutions. Share expert insights, participate in interactive training, and build meaningful connections at the beautiful Lake Bras Coupé in Quebec. Get the details and reserve your spot now at: https://ow.ly/kG6j50Q74p5

At , meet Managing Director and Compliance team leader Brandi Reynolds, Consulting Expert Rob Ayers, and Managing Director Paul Lambert. Join us for three days of compliance courses, workshops, panels, roundtables, and networking for companies involved in cross-border transfers and payments, as well as providers of complementary services for this fast-growing segment of the financial services industry!
https://ow.ly/Iz2250Q74ep

Honoring All Who Served.

FINRA continues to scrutinize firms' Rights of Reinstatement (ROR) firms' systems and procedures. Three years into rising regulatory activity, is your firm next? Learn about this ongoing priority and what Bates is seeing now in our new Alert:
https://ow.ly/uuQ650Q66WA

Bates sits down onsite at MTRA 2023 with compliance attorney Joseph Cutler, Firmwide Chair Fintech Industry Group, of Perkins Coie LLP to discuss OFAC violations and common AML program deficiencies. https://youtu.be/bvUM7BxZcoc

Tomorrow: Learn “How to Create a Sound Cybersecurity Breach Strategy” from experts in the cybersecurity community, including Patrick Cox, Bates consulting and testifying expert, Lilian A. Morvay, JD, IBCD Principal/Founder & Bates expert, and others. Join the webinar on Nov. 8 at 2 p.m. ET.
Learn more: https://ow.ly/zWI150Q59Tt

5 Tips for the NMLS Annual License Renewal Season That Started Nov. 1
https://lnkd.in/eNXhiuGP

We proudly congratulate and sponsor today's Florida Securities Dealers Association, Inc. (FSDA) 90th anniversary celebration, chaired by Jennifer Stout. Jennifer and Hank Sanchez are also sponsors.
And tomorrow, we'll join the SIFMA Compliance & Legal Society's C&L Forum in St. Petersburg, co-hosted by the FSDA.
https://ow.ly/v0Jp50Q3FGQ