loader from loading.io

Human Capital: Hearsay's New Compliance Strategist Talks Social Media Maneuvering

Human Capital with Melanie Waddell

Release Date: 07/24/2020

Human Capital: Ed Slott on Why Taxes Are Heading ‘Through the Roof’ show art Human Capital: Ed Slott on Why Taxes Are Heading ‘Through the Roof’

Human Capital with Melanie Waddell

In this episode of Human Capital, we talk with IRA and tax specialist Ed Slott of Ed Slott & Co. about his upcoming book, “,” to be released in March. What’s it about? “The big message is to control the taxes,” Slott says. “We’ve had lots of tax law changes, but every time something happens it seems to effect retirement accounts more than anything else and that’s where most people have most of their savings for retirement – an IRA or 401(k). “The reason those accounts are most affected is the way they were set up.” Listen in as Slott also explains why he...

info_outline
Human Capital: IAA's Karen Bar on SEC Rules Nearing the Finish Line show art Human Capital: IAA's Karen Bar on SEC Rules Nearing the Finish Line

Human Capital with Melanie Waddell

In this episode of Human Capital, we talk with Karen Barr, president and CEO of the Investment Adviser Association in Washington, about the growing ranks of RIAs as well as important rule updates that are due to be released by the Securities and Exchange Commission.

info_outline
Human Capital — ‘Secure 2.0’: Why Now? With Ex-PBGC Director Millard show art Human Capital — ‘Secure 2.0’: Why Now? With Ex-PBGC Director Millard

Human Capital with Melanie Waddell

In this episode of Human Capital, we talk with Charles Millard, the former director of the Pension Benefit Guaranty Corp., who’s now a senior advisor to asset management firm Amundi Pioneer. He discusses why House Ways and Means Committee Chairman Richard Neal, D-Mass., and Kevin Brady, R-Texas, introduced their big bipartisan  just a week before the election. “There’s a continuing resolution funding the government that only goes through Dec. 11, so there will be some kind of lame duck session.” Millard addresses the bill’s chances of passage during the lame-duck session...

info_outline
Human Capital: Michael Kitces on Fiduciary Fight and Why He’s ‘Extremely Nervous’ About Schwab Deal show art Human Capital: Michael Kitces on Fiduciary Fight and Why He’s ‘Extremely Nervous’ About Schwab Deal

Human Capital with Melanie Waddell

In this episode of Human Capital, we talk with popular blogger and financial planner Michael Kitces about XY Planning Network’s recent decision to not pursue a Supreme Court challenge to the appeals court ruling that upheld the Securities and Exchange Commission’s Regulation Best Interest. Says Kitces, who’s also co-founder of XYPN, “The judges said outright in the ruling that RIAs would be put at a competitive disadvantage compared to the status quo as a result of Regulation Best Interest.” Now, says Kitces, XY Planning Network will shift its focus to pushing for state fiduciary...

info_outline
Human Capital: Ron Rhoades Unpacks Reg BI Unknowns show art Human Capital: Ron Rhoades Unpacks Reg BI Unknowns

Human Capital with Melanie Waddell

In this episode of Human Capital, we talk with Ron Rhoades, director of the Personal Financial Planning Program and assistant professor of finance in the Gordon Ford College of Business at Western Kentucky University, who was recently awarded the Tamar Frankel Fiduciary prize by the Institute for the Fiduciary Standard. Rhoades unpacks some big questions that he says have yet to be answered concerning the Securities and Exchange Commission’s Regulation Best Interest: “Is it going to improve the standard of conduct for brokers?...There’s a lot that we don’t know about Reg...

info_outline
Human Capital: Ed Slott on Why Retirement Plans Are Sitting Ducks show art Human Capital: Ed Slott on Why Retirement Plans Are Sitting Ducks

Human Capital with Melanie Waddell

In this episode, we check in with IRA and tax specialist Ed Slott of Ed Slott & Co., on what the recent debt and deficit numbers reported by the Congressional Budget Office mean for retirement plan participants. The CBO numbers, according to Slott, show that the three-legged retirement planning stool is shaky, and for clients with a 401(k) plan or IRA, “these plans have not yet been taxed so they’re sitting ducks for future higher taxes, and that’s exactly what’s going to happen” because of the deficit and debt numbers. Slott maintains: “There’s no way taxes are going to...

info_outline
Human Capital: Attorney Morgan Dissects SEC Accredited Investor Rule Changes show art Human Capital: Attorney Morgan Dissects SEC Accredited Investor Rule Changes

Human Capital with Melanie Waddell

In this episode of Human Capital, we talk with Nick Morgan, a partner at the global defense firm Paul Hastings in Los Angeles, about the Securities and Exchange Commission’s recent changes to the accredited investor definition. Morgan, former Senior Trial Counsel in the SEC’s Enforcement Division, explains the “fundamental” change under the updated definition that includes qualifications and certifications. Morgan explains why the changes are coming now, and opines that while the private markets “are not the Wild West,” the changes can present potential risks.

info_outline
Human Capital: SEI's Anderson Sizes Up Likely Changes to SEC's Form CRS show art Human Capital: SEI's Anderson Sizes Up Likely Changes to SEC's Form CRS

Human Capital with Melanie Waddell

In this episode of Human Capital, we talk with John Anderson, managing director and head of practice management solutions for Independent Advisor Solutions at SEI Investments, about the potential changes coming to the Securities and Exchange Commission’s Form CRS, the customer relationship summary, which was adopted under the agency’s advice-standards package. Listen in as Anderson also weighs in on why he sees the SEC’s Regulation Best Interest as “evolutionary,” and “a small step in what will be many steps to drive the industry towards a true fiduciary rule.” Anderson also...

info_outline
Human Capital: Brad Campbell Details Oddities in DOL Fiduciary Rule show art Human Capital: Brad Campbell Details Oddities in DOL Fiduciary Rule

Human Capital with Melanie Waddell

In this episode of Human Capital, we talk with Brad Campbell, former assistant secretary of the Labor Department’s Employee Benefits Security Administration, who’s now a partner at FaegreDrinker in Washington. Campbell weighs in on Labor’s controversial fiduciary prohibited transaction exemption to align with the Securities and Exchange Commission’s Regulation Best Interest, and clarifies a couple “unusual items” that were included in Labor’s plan. Comment letters continued to flood in just before the Aug. 6 comment period on Labor’s controversial plan ended Thursday, Aug. 6....

info_outline
Human Capital: Hearsay's New Compliance Strategist Talks Social Media Maneuvering show art Human Capital: Hearsay's New Compliance Strategist Talks Social Media Maneuvering

Human Capital with Melanie Waddell

n this episode of Human Capital, we talk with Iain Duke-Richardet, compliance strategy principal at Hearsay Systems.

info_outline
 
More Episodes

In this episode of Human Capital, we talk with Iain Duke-Richardet, compliance strategy principal at Hearsay Systems.

Duke-Richardet, an original member of the Financial Industry Regulatory Authority’s Social Media Task Force, joined Hearsay Systems in late June from Accenture. He has also served in senior compliance roles at RBC Capital Markets, Lehman Brothers, Barclays Capital and Goldman Sachs.

Says Duke-Richardet: “As a former compliance officer at a large global bank, I have seen firsthand that regulatory compliance is one of the most challenging aspects of digital transformation for financial services organizations.”

Pushed forward by COVID-19 and Regulation Best Interest, “firms must rapidly adapt to new digital client engagement models, yet time and resources especially in compliance groups are stretched thin.”

Listen in as Duke-Richardet talks about the important role compliance plays at Hearsay Systems, which helps financial services firms engage on a number of social media messaging platforms, and also gives a heads-up on some upcoming FINRA guidance.