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IHQ Form UAPLRCF 1 Personal Liability Responsibility & Compliance 063012 DOC

IHQ Form UAPLRCF 1 Personal Liability Responsibility & Compliance 063012 DOC

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thank you for coming this is the personal liability session what you as compliance officers need to know about this kind of very important topic of personal liability and one that is evolving I think there's no way that you can underestimate how much this is front and center for each of you just last week Thomas curry testified before the Senate that in the wake of the Wells Fargo investigations that he was going to hold people personally responsible at Wells and who knows where else I know that we know that there's lots of ongoing queries about this kind of account opening and what was charged so there's that very much to think about and then in addition those of you who are either regulated by the New York State Department of Financial Services or who know someone who is or are aware that New York State Department of Financial Services what they do may have implications last week they introduce another accreditation this one around making your firm sign on that it has all the proper

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