A Penny for Your Fraud – Fighting Fraud in Penny Stocks and Low-Priced Securities
Featured Speakers :
Becki is the Co-Founder and CEO of Exodus Partners Group, a consulting firm with a wide range of consulting services and training offerings focused on deterring and combating financial crime. Most recently Becki worked at a technology company, but most of her career has been in the financial services industry. She served as the Chief AML Officer for Advisor Group, one of the largest networks of independent broker-dealers in the United States. Her team was responsible for reviewing and investigating activity across the financial crime spectrum including AML, fraud, and sanctions. Becki has also served as an Associate Director and Lead Compliance Trainer for FINRA®. FINRA® is the largest independent regulator of the securities industry in the United States. She developed and delivered training and provided guidance and consultation on open examinations and investigations specific to fraud and AML. She possesses over 20 years of financial services experience. She is a Certified Anti-Money Laundering Specialist (CAMS), a Financial Intelligence Specialist (FIS) and a Certified Financial Crime Specialist (CFCS) where she also serves as a member of the ACFCS Advisory Board.
Complimentary webinar, presented by ACFCS and Exodus Partners Group
The pandemic has been the source of many unexpected trends, and among them is the surging interest in securities and asset trading among individual investors. Fueled by relief checks, frothy equities markets, and online trends, investors have sought hot stocks far and wide, and fraudsters have followed.
Securities regulators have also taken notice – in February, Finra issued Notice 21-03 urging firms to review their policies and procedures related to red flags of potential fraud in low-priced securities. In this session, an expert on AML and fincrime compliance in the securities sector guides you on the notice, key fraud trends in the penny stock space, and practical considerations for your compliance program.
Attendees will learn:
- Red flags of potentially fraudulent activity among low-priced securities
- Tips for monitoring techniques to capture suspected fraud
- Considerations for reporting fraud on SARs and beyond
- Trends in securities fraud tied to the pandemic and other emerging issues
- Q&A with the presenter
- And more
This session is eligible for 1 CFCS credits.
Important note for ACFCS members: Please register using the same email address tied to your member account.