A Quick Note About Documentation

When it comes to loss prevention, insurance agents and advisors alike have probably heard the term “Document, Document, Document!” more times than they can count. Although this seems like a simple and straight forward business practice (and important loss prevention strategy), it continues to be a source of claims brought against financial professionals.

So here is a quick review of what constitutes “good documentation”:

New Webinar Announcement! Recent Developments in Financial Institution/FINRA Claims

Topic: Recent Developments in Financial Institution/FINRA Claims

Hosted By: Lancer Claims Services, a division of Brown & Brown Program Insurance Services, Inc.

Presenters: Sam Edgerton and Chad Weaver, Edgerton & Weaver, LLP

Date: Wednesday, June 4th 2014

Time: 10:00 AM - 11:00 AM PDT

Click here to register!

Listen Live: Tune in on Wednesday, June 4^th at 10:00 AM PDT for a one hour live webinar presented by Edgerton & Weaver, LLP. Add webinar to calendar.

SEC Cyber Risk Exam Guidelines- Would your Firm “Pass the Test”?

The SEC’s Office of Compliance Inspections and Examinations (OCIE) recently released a cyber security exam checklist to help firms assess the strength of their cyber security controls. This checklist, along with the SEC’s plan to examine cyber security preparedness at more than 50 broker-dealers and investment advisors, is yet another example illustrating a push towards tighter monitoring and possibly more regulation of cyber security from financial industry regulators.

All in a Day’s Work

Are you a Registered Rep who employs an assistant? If so, continue reading to find out how checking your assistant’s work can sometimes make the difference in avoiding large E&O claim costs.