Scottsdale, Arizona September 2019 Conference

- Hyatt Regency Scottsdale Resort & Spa Scottsdale, Arizona

CSS Conferences + Education, held in prime locations around the United States, provide a forum for peer networking and the exchange of ideas and experiences in relaxed settings.

Join us at the Hyatt Regency Scottsdale Resort & Spa in Arizona from Sept. 23-25, 2019 to hear from current and former SEC and FINRA officials, top lawyers and leading CCOs. Focusing on industry trends, recent changes, and day-to-day issues, our speakers offer guidance and tangible solutions that participants can take away for immediate implementation.



Breakfast and Conference Registration


Conference Kickoff & Introduction




SEC Examination Roundup
Content Track: Core Compliance Program


Networking Break


BREAKOUT (1 of 3)
Being a Compliance Influencer
Content Track: Career Development
Serving as a CCO or member of your firm’s compliance department carries a tremendous amount of responsibility. We often discuss the “tone at the top” and messaging from senior management. But have you considered what you and your compliance team can do to create an awareness that compliance is everyone’s responsibilty? This session will explore effective techniques for developing a heighten awareness of compliance in your organization and ways in which you can encourage employees to engage with Compliance.

BREAKOUT (2 of 3)
Securing Your Investments: Operational Challenges and Approaches to Cyber
Content Track: Private Funds
The cybersecurity risk of companies in which you’ve invested and third parties with which you’ve partnered are just as important as the cybersecurity risk of your own organization. For private equity firms, understanding the cybersecurity risk of a portfolio company investment is critical at the initial deal stage and throughout the life cycle of that investment, as cybersecurity incidents can significant impact the company’s and fund’s valuations. Evaluating and assessing third party operational risk is therefore a component of a well-designed cybersecurity program for a financial services firm. This session will discuss strategies and approaches to assessing and monitoring cyber risk at an organization, fund, and investment level, will highlight some of the challenges and risks you are likely to encounter, and will describe how a better awareness of your investment and counterparty risk through a rigorous due diligence process can have a meaningful impact on your firm’s success.

BREAKOUT (3 of 3)
Form ADV Part III – Update on Rulemaking
Content Track: Regulatory Reporting
At the close of 2018, Chair Clayton’s regulatory agenda speech included a proclamation for the SEC to be realistic about short-term agendas for rule-making, stating that “the rulemaking expected to be completed in the coming year—had become too aspirational.” He set forth a 80% plus completion rate of the SEC’s 2018 RegFlex Agenda, and the expected rule-making efforts for 2019. Chair Clayton also emphasized administration efforts to focus on moving forward initiatives to benefit the main street investor, and capital formation. This panel will provide a review of the 2019 RegFlex Agenda plus predictions for 2020.

  • The June 5 adoption of the SEC acted to adopt Regulation Best Interest and Form CRS, plus two interpretive releases.
  • What Everyone Should Know About Proxy Plumbing
  • Marketing and Advertising Rule Changes Really on the Agenda
  • Modernization of Investment Company Disclosure
  • Additional Capital Formation Initiatives


BREAKOUT (1 of 3)
The Aging Population and Its Impact on the Investment Industry 
Content Track: Retail Wealth

BREAKOUT (2 of 3)
Privacy Considerations Across the Globe
Content Track: Compliance Program

BREAKOUT (3 of 3)
RegTech Revolution
Content Track: Hot Topics
Regtech and Fintech are making headlines, as financial firms strive to become more efficient in their processes and regulatory filings and more data-driven in their decisions. But regtech can take many forms, and the automation and use of third party vendors should be informed by business needs as well as regulatory considerations. This session will discuss the various components of an advisory business where regtech can play a role, regulatory concerns surrounding vendor due diligence and information security of cloud providers, and discuss blockchain and other developments on the horizon in the regtech space, and what these developments mean for your firm.





Meet the Compliance Solutions Providers


General Session
Regulatory Filings and Big Data
Content Track: Regulatory Reporting
The regulators are requesting that more detailed information be provided about registrants and their products in regulatory filings. Often the requested information isn’t data that a Compliance group maintains. This session will identify the data requests pertaining to Form ADV, PF and Section 13 filings. The panel will also provide practical tips for partnering with departments within your organization to obtain the information and discuss techniques for verifying the accuracy of the information.
AIFMD Annex IV, CPO-PQR, Form ADV, Form N-CEN, Form N-PORT, Form PF, Solvency II, TIC Forms, and more.


Networking Break


BREAKOUT (1 of 3)
Designing Effective Service Provider Due Diligence Programs:
Content Track: Core Compliance Program
Regulators have made it clear that your firm can outsource certain business functions to third party service providers. They have also made it equally clear that your firm retains responsibility for such activities. In order to select service providers and monitor their activities, it is imperative to develop an effective due diligence oversight program. Our panel will discuss:

  • Distinguishing between service providers and vendors
  • What due diligence and monitoring means
  • Aligning your firm’s resources with the service provider due diligence program
  • The importance of documenting your oversight of service providers

BREAKOUT (2 of 3)
Consolidating Data from Multiple Parties
Content Track: Regulatory Data Management

  • Identifying, sourcing and enriching data
  • Fund and account masters, and security masterd
  • Third-party vendor sources and common issues
  • Delivering data out

BREAKOUT (3 of 3)
Notice Filings and Investment Adviser Representatives
Content Track: Retail Wealth
States want to know if your firm is doing business in their territory and, if so, who within your organization is operating there. Join our experts to discuss notice filing requirements and when IARs need to register with a state. The panel will also discuss the pitfalls of failing to monitor where your firm is doing business and what the penalties can be.


Welcoming Reception


Morning Workout




Morning Welcome & Meet the Compliance Solutions Providers




Networking Break


BREAKOUT (1 of 3)
Developing a Tailored Private Fund Compliance Calendar
Content Track: Private Funds
As regulatory concerns proliferate and become more complex, developing and monitoring your “to do” list is becoming more important than ever. Gain some insights into how others identify, complete and track progress through out the year.

BREAKOUT (2 of 3)
Can We Say That? 
Content Track: Core Compliance Program
Knowing and understanding the marketing and advertising guidance that the SEC has issued is paramount to creating and reviewing marketing materials. This session will discuss marketing “dos and don’ts” for all types of investment products for retail, institutional and private fund firms. The panel will also review practical ways to review marketing materials and maintain the required books and records.

BREAKOUT (3 of 3)
Creating a Consolidated Trade Blotter
Content Track: Regulatory Data Management
On of the first questions the SEC asks during an exam is for an adviser to produce a consolidated trade blotter in a proscribed format. This session will examine the information that is generally requested by the SEC and what the fields mean. The panel will provide practical tips for developing a consolidated blotter and how to address various classifications of investment instruments.


Workshop: Quantifying & Visualizing Cyber Risk – From Bits to Bytes to Dollars & Sense
Content Track: Cybersecurity
This presentation uses a scaffolding approach to ensure the participants first fully understand cyber risk from the organizational perspective, then grasp a cyber risk quantification model (FAIR) that analyzes cyber risk into financial loss events. Join Jeff Welgan, Head of Executive Training Programs at CyberVista, to see how organizations can move away from subjective qualitative risk scoring (high-medium-low and red-yellow-green) and toward aggregate loss expectancy represented by a financial dollar amount ranges (“our cyber risk expectancy is $15M to $21M in loss”). To help visualize cyber risk, Jeff will also highlight best practice for creating and implementing an effective executive-focused cyber risk dashboard. Dashboards allow business leaders to implement a more effective cybersecurity strategy and program by prioritizing efforts and showing clear justification for budgets and investment. Jeff will review the top 3 factors why companies are getting it all wrong and showcase a best in class executive dashboard with a discussion about the 6 most important elements, including showing cyber risk in expected financial losses.


Participate in your choice of our sponsored golf tournament, a spa treatment or volunteering within the community, helping to make a difference while having fun.


Dinner Event




BREAKOUT (1 of 3)
Key Takeaways from SEC Enforcement and Private Litigation Actions
Content Track: Private Funds

BREAKOUT (2 of 3)
Communicating the Compliance Message Within Your Organization
Content Track: Career Development
Effective communication is at the foundation of every successful organization. And no where is that more important than with respect to your firm’s compliance program. This session will examine oral and written communication available to today’s compliance teams. We’ll also explore the nuances of communicating with millennials to baby boomers and all ages in between.

BREAKOUT (3 of 3)
Serving as a Sub-Adviser
Content Track:
Serving as a sub-adviser to mutual, open-end or closed-end funds comes with many compliance responsibilities. The panel will explore:

  • Being prepared for initial and ongoing due diligence reviews -The types of reporting a sub-adviser may need to provide to a fund’s board or adviser
  • Managing multiple sub-adviser relationships
  • How sub-advisory relationships with registered investment companies impact a firm’s policies


BREAKOUT (1 of 3)
Private funds – Tips From the Field to Enhance Your Compliance and Supervisory Programs
Content Track: Private Funds
So, we know the rules, but now, how do we apply them to our business model? This panel will explore some hands-on perspectives to address compliance and supervisory program issues, ranging from lessons learned from SEC examinations and enforcement experiences, marketing material traps, investor relations tips, supervisory oversight guidance and more.

BREAKOUT (2 of 3)
What a Trade Blotter Can Tell You
Content Track: Trade Monitoring & Analysis
Knowing how to review and analyze the information contain is a trade blotter is an effective compliance tool to evaluate conflicts of interest, allocation of investment opportunities, insider trading, brokerage execution costs and investment guidelines, among other things. Our panel of experts will discuss how to analyze a trade blotter to assess the effectiveness of a firm’s compliance controls. They will also review how trade blotter analytics can be used to identify anomalies, breaches and exceptions.

BREAKOUT (3 of 3)
Demystifying the CFTC and NFA
Content Track: Core Compliance Program
Whether your firm operates as a commodity pool operator or pursuant to a CFTC exemption, it is mportant to understand what the CFTC and NFA requirements are that trigger registration or membership. It is also necessary to know what compliance oversight is required and what filings need to be made. This panel will review CFTC/NFA rules and what controls should be included in a compliance program.


Networking Break


Meet the Compliance Solutions Providers


Regulatory Update on Cybersecurity
Content Track: Cybersecurity
Cybersecurity is still a hot topic for federal and state regulators, and the past year has seen a lot of action in this area. Unfortunately, many firms cyber policies have not kept up with the changes. The SEC has issued cyber Risk Alerts on Electronic Messaging, Regulation S-P, and Cloud Providers, signaling that many investment advisers and broker-dealers need to enhance their cybersecurity programs with comprehensive and detailed information security policies to more specifically describe controls in place to safeguard data from loss, alternation, or destruction. The California Consumer Privacy Act is poised to take effect January 1, 2020, bringing GDPR-like requirements to U.S. firms, although subject to certain exceptions and exemptions. This expert panel will dive into the latest regulatory alerts, offering practical insights on how to translate risk alert guidance into your policies and procedures.







Hyatt Regency Scottsdale Resort and Spa at Gainey Ranch

7500 E. Doubletree Ranch Road, Scottsdale, Arizona, USA 85258
Tel: +1 480 444 1234 Fax: +1 480 483 5550

This extraordinary Four-Diamond resort combines the beauty of the desert southwest along with spectacular guest room and recreational options. The Hyatt at Gainey Ranch features a stunning open-air lobby with floor to ceiling views of mountains, lakes and golf, creating a memorable arrival and relaxation area for guests. Vibrant dining and entertainment options include the Lobby Bar, with live music nightly, indoor/ outdoor seating areas, fireplaces and gondola rides throughout the resort waterways, and all-new Canyon Marketplace. Spa Avania features 18 treatment rooms, an outdoor heated mineral pool, state-of-the-art exercise facility, steam and sauna, and a full service salon. For golfers, the Gainey Ranch Golf Club is an exclusive, private golf club available only to guests of the resort and private members, offering a 27 hole championship golf course, which is rated one of the top courses in the country, and situated right next to the hotel. The resort also offers for relaxation and exercise a 2 ½ acre water oasis with 10 interconnecting pools and sandy beach, jogging paths and bicycling trails with available onsite bicycles and four lighted tennis courts. A complimentary shuttle is offered to Camelback Mountain for hiking, and to Old Town, Fashion Square, Borgata & Kierland Commons for shopping.

Hotel Reservations

CSS has reserved a block of hotel rooms at the Hyatt Regency Scottsdale Resort & Spa for the nights of Sunday, Sept. 22 – Thursday, Sept. 26, 2019.

The Hyatt has created a dedicated web link for conference room reservations. To book a room, please click here.

The room rate of $269.00 per night is offered three days before and three days after the conference, based upon availability.

Check In: 4 pm | Check out: Noon

Group Rate Cutoff: Wednesday, August 21, 2019

Recommended Airport

Phoenix Sky Harbor (PHX) is located less than 20 miles from the hotel and usually takes between 25-40 minutes of travel time. Uber, Lyft, SuperShuttle and taxis all service PHX and offer affordable options to the hotel.

Gainey Suites – Map

Local Attractions

  • Shopping / Scottsdale Waterfront / Old Town Scottsdale
  • Art galleries / Scottsdale Museum of Contemporary Art / Heard Museum of Native Cultures and Art
  • Tomcar Tours / Canyoneering / Horseback Riding
  • Sedona and Grand Canyon Adventures
  • Hot air balloon flights
  • Guide to Resort Services, Events & Activities 

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