November 19, 2014 Presentation
1st Hour – 3:00 – 4:00 p.m.: Update of the AZ Corporation Commission – Securities Division’s Regulatory Oversight
This session will provide an overview of the Arizona Corporation Commission-Securities Division’s regulatory oversight and enforcement of the Securities Act and Investment Management Act, how matters can be brought to the Division’s attention, recent enforcement matters, and senior investor issues. At the end of the session, you will better understand the functions of the Securities Division, how securities matters may relate to your business operations, signs of possible securities violations, agencies you can contact to file complaints or where to report suspected fraud or financial abuse.
Presenters for this first hour will be: Matthew J. Neubert has served as the Director of Securities of the Arizona Corporation Commission since 2003. He has also served as an Enforcement Attorney and as Director of Registration and Compliance for the Division. Mr. Neubert received his law degree from Arizona State University. He is a member of the State Bars of Arizona and Washington .
Phong (Paul) Huynh is currently the Assistant Chief Counsel of Registration and Compliance at the Securities Division. Paul received a Bachelor’s Degree in Finance, summa cum laude, from Arizona State University and his law degree from the University of Arizona. Paul’s main duties involve registration and licensing matters concerning advisers and representatives, supervising the compliance and examination team, and investigating complaints regardingArizonasalesmen and advisors.
Second hour speaker from 4:00 – 5:00:
“1,001 Ways to Avoid an Arbitration or Regulatory Proceeding” – Attorney Alan Baskin
Phoenix attorney Alan Baskin will make a presentation entitled “1,001 Ways to Avoid an Arbitration or Regulatory Proceeding.” Alan has prosecuted or defended securities cases for 24 years and will provide an informative and entertaining presentation regarding how to avoid trouble with clients or regulators. Topics will include but not be limited to:
The program will provide common-sense tips for how to better communicate with and service clients to avoid arbitrations, litigations or regulatory proceedings. The program will identify numerous “dos” and “don’ts” regarding financial planners’ relationships with their clients and also as it relates to the sale of certain products. The program will also provide guidance regarding how to respond to client complaints.
- Saying no to high-risk clients
- The not-so-new “F” word (fiduciary) and its implications
- Identifying and disclosing outside business activities
- Embracing, rather than avoiding supervision
- Being wary of products that are of concern to regulators
- Responding to complaints
- Client communication
- Hot regulatory issues
In November 2013, Alan Baskin co-founded Baskin Richards PLC after nearly ten years with Bade Baskin Richards (the first seven as Bade Baskin). He was the 2012-2013 Chairman of the Executive Council of the State Bar’s Securities Regulation Section. Mr. Baskin was formerly an Assistant Attorney General in the Organized Crime and Fraud Section of the Criminal Division of the Arizona Attorney General’s Office and was Senior Counsel in the Enforcement Section of the Securities Division of the Arizona Corporation Commission. He received his B.A. in economics from Georgetown University and his J.D. from Arizona State University College of Law. Mr. Baskin is the only attorney over the past 20 years to obtain an award of attorneys’ fees against the Arizona Corporation Commission in an appeal of a securities case; he has done so twice. He has chaired or sat on the Securities Regulation Section’s State Bar Convention CLE panel multiple times, and has also been a panelist or chair of a number of state and county bar programs related to enforcement proceedings by securities regulators, securities litigation and white collar crime. Mr. Baskin has long held an AV® Preeminent® Martindale-Hubbell Rating and for the past several years has been named a Southwest Super Lawyer®.
Mr. Baskin has been making presentations on securities matters for over 20 years. Some of his presentations over the past few years include:
- Mr. Smith Goes to Tucson (2014 Arizona State Bar Convention) (Seminar Chairperson)
- FINRA Arbitration: Good, Bad or Ugly? (State Bar of Arizona ) (December 2013)
- Wall Street, Lawyers, Ethics & Movies??? A Day at the Movies with Larry Cohen for Business, Securities (and all other) Attorneys (2013 Arizona State Bar Convention) (Securities Section Chair)
- Sell v. Superior Court: From the Trenches (State Bar of Arizona ) (May 2013)
- Multi-Agency Investigations, Settlement and Bad Boys (State Bar of Arizona ) (November 2012)
- The Care and Feeding of Experts (Arizona Attorney General’s Office) (May 2012)
These presentations have been approved for a total of 2 hours of CFP CE.
Social hour to immediately follow the 2nd presentation from 5-6:00.