1. Rapid Fire Panel

2. Rapid Fire Panel Governance Question Options
How often do you report and/or interact with your Board?
Once a year
2 – 4 times a year
More than 4 times a year
Does your Board have a Risk Committee (or similar)?
Yes No
If yes, are you a member of that committee?
Has your firm developed a formal, written Corporate Governance policy?

3. Rapid Fire Panel Continued
Supervision
Question
Options
Does your firm employ software that assesses the suitability of client portfolios or accounts, in meeting your Tier 1 or Tier 2 supervisory requirements?
Yes No
If yes, is it a proprietary system or a third-party license?
Proprietary
Third-party
Does your firm employ software to meet your trade surveillance requirements? 

4. Rapid Fire Panel Continued
Supervision Continued
Question
Options
Does your firm have a Risk Waterfall algorithm?
Yes No
If yes, are you a better risk manager with that waterfall process?
Is your compliance dept involved in the due diligence when recruiting advisors?
If yes, is the CCO’s opinion a determining factor for a hire/no-hire decision?

5. Rapid Fire Panel Continued
Supervision Continued
Question
Options
In the event of material misconduct by a registrant at your firm, who may get involved in the resolution?
Select all that apply:
CCO
Registrant’s immediate supervisor
UDP/CEO HR
Counsel

6. Rapid Fire Panel Cybersecurity Question Option
Does your firm have a formal, written Cyber Security (or Information Security) program?
Yes No
Is Compliance involved in developing that program?

7. Rapid Fire Panel Digital Question Option
Does your firm have a digital client onboarding system?
Yes No
If yes, does your firm use electronic client ID verification processes?
Does your firm have, or are you actively working on, a Robo Advisor platform?

8. Rapid Fire Panel Conflict of Interest Question Option
Does your firm allow registrants to have Outside Business Activities?
Yes No

9. Rapid Fire Panel CCO Liability Question Option
As CCO, do you find your job is getting harder or easier over the last 7-8 years?
Yes No

10. Rapid Fire Panel BCP Question Option
Does your firm’s Business Continuity Plan go beyond the regulatory minimum guidelines?
Yes No
Does your BCP include a crisis management team (or similar incident response team)?

11. Rapid Fire Panel E&O Question Option
Does your firm require your advisors to have E&O insurance?
Yes No
Is it a centralized service with one provider?
Is it a helpful service in your conflict resolutions processes?
Helpful
Creates more work/takes more time
No impact

12. Rapid Fire Panel
Thank You