Welcome & Opening Remarks
8:45 – 9:00 AM

Broker-Dealer Industry Perspective
9:00 – 9:30 AM
This session will highlight all of the latest challenges and opportunities in the Broker-Dealer industry and what to expect in the future from the perspective of financial professionals. A highly qualified expert will demonstrate how accountants can safely and efficiently keep up with changing regulatory compliance requirements, new accounting pronouncements, digital transformation and other potential risks. We will focus on:
• Current market conditions
• SEC and FINRA rulemaking
• Financial reporting/FASB hot topics
• AICPA stockbrokerage and investment banking expert panel topics

Break
9:30 – 9:35 AM

SEC Enforcement Issues
9:35 – 10:35 AM
The SEC has undergone significant changes, returning to a more simple “back to basics” approach concerning enforcement. Using recent examples, this session will give you a solid understanding of how these changes are expected to impact Broker-Dealer firms, with a look at:
• Overall trends in enforcement actions
• The whistleblower program
• SEC exam priorities
• PCAOB trends
• Recent auditing and accounting related activities
• Electronic communications
• Digital asset securities
• Cybersecurity regulations

Break
10:35 – 10:40 AM

PCAOB Update
10:40 – 11:40 AM
In this informative session, you will quickly be brought up to speed on the PCAOB’s latest reports and inspections related to audits of broker-dealers, and gain a number of useful tips and valuable insights to stay current and compliant. We'll look at:
• Final standards and rules
• Proposed standards and rules
• PCAOB areas of focus
• Other standard-setting activities

Break
11:40 – 11:45 AM

Comments from the CFTC   
11:45 AM – 12:30 PM
Regulators from the CFTC will update you on the latest hot button issues and the most effective ways to handle them.

Lunch
12:30 – 1:15 PM

Regulatory Trends, Industry Initiatives & Challenges
1:15 – 2:15 PM
Broker-Dealer firms continue to be challenged by regulatory, accounting, and auditing issues. This session will be lead by experts from FINRA and will provide insights into the changes and evolution of the market, as well as FINRA's latest priorities. Topics to be discussed include:
• Accounting and reporting issues impacting Broker/Dealers
• Regulatory guidance on exemption reports
• Hot topics and recent SEC rulemaking
• Oversight observations
• FINRA topics and FAQs

Break
2:15 – 2:20 PM

Accounting for, & Auditing of, Digital Assets
2:20 – 3:20 PM
The accounting treatment for a digital asset will ultimately be driven by the specific terms, forms, underlying rights, and obligations of the digital asset. Like other sections of the financial world, broker-dealers must abide by industry-specific guidelines. This session will provide you with the latest updates, including:
• Key terminology
• Accounting for crypto assets pre and post ASU 2023-08
• Disclosure considerations
• Comparison of US GAAP vs. IFRS
• Examples of accounting for different crypto asset transactions
• Audit consideration
• Relevant literature and updates

Break
3:20 – 3:25 PM

FASB Update
3:25 – 4:25 PM
FASB’s recent major changes will have an impact on broker-dealers in many important areas. This session will update you on what these changes are and show you the most effective ways to handle them. An expert will address:
• Current FASB agenda
   – Accounting for and disclosure of software costs
   – Debt exchanges
   – Environmental credit programs
• Financial instruments—credit losses
• Share-based considerations
• Recently issued ASUs

Break
4:25 – 4:30 PM

Digital Transformation
4:30 – 5:15 PM
With the Broker-Dealer industry undergoing significant changes over the past several years, it has become essential for broker-dealers to prioritize integrating technological innovations including digitalization. Specifically, we will cover:
• Broker-dealer business trends
• Key technologies reshaping business
• Evolution of enterprise architecture
• Investing in AI and GenAI
• Implications of platform economics
• Emerging trends to watch
   – Quantum encryption and algorithms
   – Decentralized Finance (DeFi)
   – Digital twins

Closing Remarks
5:15 – 5:20 PM

Conference Ends
5:20 PM

Tunde Adeyemo, Managing Director, EY

James D'Arcangelo, Director, BDO

Joseph David, Senior Principal Specialist, Credit Regulation at FINRA

John Iacobellis, Assurance Partner, BDO

Tyler Kane, Director, Office of Financial & Operational Risk Policy, FINRA

Laura Lisi, Assurance Principal, BDO

Taylor McFarland, Former Inspections Specialist, PCAOB, Professional Practice Director, Audit Quality, BDO

Anne McKinley, Assistant Regional Director, Division of Enforcement, SEC

Laura Pruitt, Partner, Jones Day

Mark Ramler, Director, Office of Financial & Operational Risk Policy, FINRA

Zohaib Qamar, Partner, CitrinCooperman

Stephen (Chip) Verrone, Managing Director, EY

Anthony Vinci, Director, Financial and Operational Risk Policy, FINRA

Annette Vitale, Audit Manager, CFTC

Mike Walters, Regional Associate Director, PCAOB

Bill Witt, Consulting Director, Accounting and Transaction Services at MorganFranklin

Welcome & Opening Remarks
8:45 – 9:00 AM

Broker-Dealer Industry Perspective
9:00 – 9:30 AM
This session will highlight all of the latest challenges and opportunities in the Broker-Dealer industry and what to expect in the future from the perspective of financial professionals. A highly qualified expert will demonstrate how accountants can safely and efficiently keep up with changing regulatory compliance requirements, new accounting pronouncements, digital transformation and other potential risks. We will focus on:
• Current market conditions
• SEC and FINRA rulemaking
• Financial reporting/FASB hot topics
• AICPA stockbrokerage and investment banking expert panel topics

Break
9:30 – 9:35 AM

SEC Enforcement Issues
9:35 – 10:35 AM
The SEC has undergone significant changes, returning to a more simple “back to basics” approach concerning enforcement. Using recent examples, this session will give you a solid understanding of how these changes are expected to impact Broker-Dealer firms, with a look at:
• Overall trends in enforcement actions
• The whistleblower program
• SEC exam priorities
• PCAOB trends
• Recent auditing and accounting related activities
• Electronic communications
• Digital asset securities
• Cybersecurity regulations

Break
10:35 – 10:40 AM

PCAOB Update
10:40 – 11:40 AM
In this informative session, you will quickly be brought up to speed on the PCAOB’s latest reports and inspections related to audits of broker-dealers, and gain a number of useful tips and valuable insights to stay current and compliant. We'll look at:
• Final standards and rules
• Proposed standards and rules
• PCAOB areas of focus
• Other standard-setting activities

Break
11:40 – 11:45 AM

Comments from the CFTC   
11:45 AM – 12:30 PM
Regulators from the CFTC will update you on the latest hot button issues and the most effective ways to handle them.

Lunch
12:30 – 1:15 PM

Regulatory Trends, Industry Initiatives & Challenges
1:15 – 2:15 PM
Broker-Dealer firms continue to be challenged by regulatory, accounting, and auditing issues. This session will be lead by experts from FINRA and will provide insights into the changes and evolution of the market, as well as FINRA's latest priorities. Topics to be discussed include:
• Accounting and reporting issues impacting Broker/Dealers
• Regulatory guidance on exemption reports
• Hot topics and recent SEC rulemaking
• Oversight observations
• FINRA topics and FAQs

Break
2:15 – 2:20 PM

Accounting for, & Auditing of, Digital Assets
2:20 – 3:20 PM
The accounting treatment for a digital asset will ultimately be driven by the specific terms, forms, underlying rights, and obligations of the digital asset. Like other sections of the financial world, broker-dealers must abide by industry-specific guidelines. This session will provide you with the latest updates, including:
• Key terminology
• Accounting for crypto assets pre and post ASU 2023-08
• Disclosure considerations
• Comparison of US GAAP vs. IFRS
• Examples of accounting for different crypto asset transactions
• Audit consideration
• Relevant literature and updates

Break
3:20 – 3:25 PM

FASB Update
3:25 – 4:25 PM
FASB’s recent major changes will have an impact on broker-dealers in many important areas. This session will update you on what these changes are and show you the most effective ways to handle them. An expert will address:
• Current FASB agenda
   – Accounting for and disclosure of software costs
   – Debt exchanges
   – Environmental credit programs
• Financial instruments—credit losses
• Share-based considerations
• Recently issued ASUs

Break
4:25 – 4:30 PM

Digital Transformation
4:30 – 5:15 PM
With the Broker-Dealer industry undergoing significant changes over the past several years, it has become essential for broker-dealers to prioritize integrating technological innovations including digitalization. Specifically, we will cover:
• Broker-dealer business trends
• Key technologies reshaping business
• Evolution of enterprise architecture
• Investing in AI and GenAI
• Implications of platform economics
• Emerging trends to watch
   – Quantum encryption and algorithms
   – Decentralized Finance (DeFi)
   – Digital twins

Closing Remarks
5:15 – 5:20 PM

Conference Ends
5:20 PM

Tunde Adeyemo, Managing Director, EY

James D'Arcangelo, Director, BDO

Joseph David, Senior Principal Specialist, Credit Regulation at FINRA

John Iacobellis, Assurance Partner, BDO

Tyler Kane, Director, Office of Financial & Operational Risk Policy, FINRA

Laura Lisi, Assurance Principal, BDO

Taylor McFarland, Former Inspections Specialist, PCAOB, Professional Practice Director, Audit Quality, BDO

Anne McKinley, Assistant Regional Director, Division of Enforcement, SEC

Laura Pruitt, Partner, Jones Day

Mark Ramler, Director, Office of Financial & Operational Risk Policy, FINRA

Zohaib Qamar, Partner, CitrinCooperman

Stephen (Chip) Verrone, Managing Director, EY

Anthony Vinci, Director, Financial and Operational Risk Policy, FINRA

Annette Vitale, Audit Manager, CFTC

Mike Walters, Regional Associate Director, PCAOB

Bill Witt, Consulting Director, Accounting and Transaction Services at MorganFranklin

Tunde Adeyemo, Managing Director, EY

James D'Arcangelo, Director, BDO

Joseph David, Senior Principal Specialist, Credit Regulation at FINRA

Bobbi Gwinn, Professional Practice Director, BDO

John Iacobellis, Assurance Partner, BDO

Tyler Kane, Director, Office of Financial & Operational Risk Policy, FINRA

Laura Lisi, Assurance Principal, BDO

Kathryn Mahoney, Senior Director, Financial & Operational Risk Policy, FINRA

Trent Mayberry, Financial Services Digital and Emerging Technology Lead at EY

Taylor McFarland, Former Inspections Specialist, PCAOB, Professional Practice Director, Audit Quality, BDO

Anne McKinley, Assistant Regional Director, Division of Enforcement, SEC

Donald Melody, Director, Johnson Global Accountancy

Gerald Nudge, Associate Director, Branch Chief – Eastern Region, CFTC

Laura Pruitt, Partner, Jones Day

Mark Ramler, Director, Office of Financial & Operational Risk Policy, FINRA

Zohaib Qamar, Partner, CitrinCooperman

Tanieke Samuel, Director, Johnson Global Accountancy, Former Inspector, Division of Registration and Inspections, PCAOB

Stephen (Chip) Verrone, Managing Director, EY

Anthony Vinci, Director, Financial and Operational Risk Policy, FINRA

Annette Vitale, Audit Manager, CFTC

Mike Walters, Regional Associate Director, PCAOB

Bill Witt, Consulting Director, Accounting and Transaction Services at MorganFranklin

DETAILED LEARNING OBJECTIVES

• Understand key regulatory frameworks impacting broker-dealers

• Identify trends in SEC enforcement actions and their implications for broker-dealers

• Understand the requirements and challenges of accounting for digital assets

• Recognize the critical aspects of cybersecurity in broker-dealer operations

• Evaluate financial disclosure requirements under new accounting standards

• Understand PCAOB standards and their application in audits of broker-dealers

• Assess the importance of risk-based approaches in audits

• Understand the obligations and controls surrounding customer asset protection

• Explore the impact of technology on broker-dealer efficiency and compliance

• Analyze the role of cybersecurity in protecting broker-dealer operations

• Evaluate the key components of effective audit reporting for broker-dealers

• Understand key compliance requirements under SEC rules

• Assess the financial reporting requirements for broker-dealers

• Recognize the importance of fair value measurement in broker-dealer reporting

• Analyze how emerging technologies impact compliance and operations

• Examine investor protection measures and their disclosure requirements

• Understand the procedures for identifying and mitigating fraud risks

• Evaluate safeguarding practices and obligations for broker-dealers

• Understand the role of PCAOB standards in broker-dealer audits

• Analyze the importance of financial responsibility rules in broker-dealer operations

• Understand evolving regulatory trends impacting broker-dealers

• Evaluate the role of documentation in ensuring audit quality

• Identify emerging issues in the accounting and auditing of digital assets

• Examine the role of governance and internal controls in ensuring compliance

• Understand ethical responsibilities in broker-dealer audits

• Identify how to integrate knowledge across compliance, operations, and technology