AUDIT, EXAMINATION, AND INSPECTION PROCEEDINGS INVOLVING FINANCIAL INSTITUTIONS (2) (BUS710) 

Professor William Jannace
 

This course will analyze the various audit, examination, and inspection proceedings involving all types of financial institutions, with a special emphasis on governmental and SRO proceedings. It will provide an excellent overview of the various types of such proceedings and which regulators are involved, how the agencies and SRO examination staffs coordinate among each other, how to assess the request and respond thereto, how and when internal audits and examinations should occur and the role played by such internal proceedings, how to establish effective internal investigations, how and whether internal reports are discoverable, the need for self-reporting, the role of counsel in these proceedings, ethical issues facing legal and compliance personnel, and the formal processes used by governmental agencies and SROs.