Q&A: Your Questions Answered
The SEC requires that you conduct due diligence on your service providers to protect yourself from exposure to risk and your organization from potential regulatory fines. This webinar was hosted with Jessica Ruby of David Landau & Associates, LLC on Oct 27th.
You can download a full copy of the slides from this webinar.
Full video transcript available below:
Let me see, I have a question here, if you could give us an example in practical terms without breaching any confidentialities of kind of difficulties and the obstacles that firm's are facing in trying to implement these kinds of programs.
|Okay. Thank you. I have another question, here. Under brief, how should fees be checked? By conducting an RFP or is there a less attentive methods that you think is appropriate?
|Okay. Another question, here. Is there a way to get notified, if a proposed rule gets confirmed, or inactive? I'm not sure [crosstalk 00:23:26].
Thank you. I have one more question, here. When dealing with a large custodian, is it acceptable to you that they have provided on their own website satisfied due diligence requirement?
There's a good one, here, actually, which is an [inaudible 00:26:43] that we see more development, or thinking around this, we're being honest, what are your thoughts on due diligence for vendors of our critical vendors, so the fourth-party more than just the third-party?
This webinar was co-hosted with DLA. To learn more visit http://dlallc.com/