| Problem and Solution
The reputation of the financial services industry has been damaged recently. In an attempt to restore confidence, the SEC and other government agencies are generating rules and regulations at a rapid pace, which puts extra strain on the compliance department. Outsourcing some compliance tasks to qualified professionals can be an effective method of dealing with the problem.
Philosophy
Proper compliance can protect a firm's reputation, reduce complaints, and prevent enforcement actions. However, balancing the needs of the client, the sales force and the regulators is the challenge facing a compliance department. How will the rep follow the procedure? How will it affect sales? Will the customer be protected? Assistance from a third party vendor who understands both sales and compliance can provide important insight to this process.
Experience
Victor A. Shier has over 20 years of broker/dealer experience. Having served as the Director of Compliance and the Financial and Operations Principal he has worked closely with the SEC, NASD and State regulators. In addition to having full responsibility for the outcome of numerous examinations, Vic has trained and supervised representatives with various levels of experience.
D. Former Licenses and Registrations
Series 6, 7, 22, 24, 27, and 63
Life, Accident and Health
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