Institute for Compliance in Financial Markets

Contact Information

Institute for Compliance

Felice Batlan, Director
565 W. Adams St., Room 765
Chicago, IL 60661
fbatlan@kentlaw.iit.edu
P: (312) 906-5341

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Institute for Compliance

Mission

The Institute for Compliance promotes careers in financial compliance, trains and prepares students for such careers, increases knowledge of the importance of compliance, and provides various events for the Chicago-based compliance and legal community. It is the first institute of its kind located in a law school.

Spring 2016 Classes

Course information for Compliance-related classes is now available. Click here to learn more about recommended classes.

Classes Related to Compliance

Compliance in Financial Institutions
Securities Regulation
Investment Funds
Compliance in Consumer Finance
Professional Responsibility: Business Ethics
Futures and Derivatives
Banking Law

News

Empire of the Fund: The Way We Save Now

Empire of the Fund - Book Release - Monday, October 24

Join Chicago-Kent Professor William A. Birdthistle and a panel of experts on October 24, when they will discuss his new book, Empire of the Fund: The Way We Save Now. Empire of the Fund is an exposé of the way we save now, with proposals to fix it. The United States has embarked upon the riskiest experiment in our financial history: to see whether millions of ordinary, untrained citizens can successfully manage trillions of dollars in a system dominated by skilled and powerful financial institutions.

The program will be followed by a reception and book signing. Program at 5:00 pm with reception at 6:30 pm in the Chicago-Kent College of Law Ogilvie Auditorium. For more information click here

8th Annual Conference on Futures & Derivatives

8th Annual Conference on Futures and Derivatives
Chicago, Illinois

Join us on Thursday, October 20th, for the 8th Annual Conference on Futures and Derivatives.

We are experiencing a time of rapid technological change in the futures and derivatives industry. Come learn what you need to know and how to stay on top of these changes. Also get regulatory updates and learn recent trends in enforcement all while networking with peers, gaining access to leading professionals, and earning CLE, CPE, CCB, CFE, and CSCP credit.
For more information, including how to register, download the 8th Annual Conference on Futures and Derivatives Brochure.

Compliance Chat with Richard Shulman

Richard Shulman

Join us on Tuesday, September 20, at 12:00 pm in room 345 for pizza and to learn more about the exciting and growing field of Compliance!

Join the Chicago-Kent Institute for Compliance for our first career chat of the academic year with Richard Schulman, the Assistant Director at the Financial Industry Regulatory Authority (FINRA). FINRA's Market Regulation Department monitors trading activity on various markets and stock exchanges to ensure that the trading is consistent with the relevant rules. In his current role as Assistant Director, Richard oversees a team of regulatory analysts as they conduct investigations into potentially illegal trading activity, focusing on investigations of trading in Exchange Traded Products such as ETFs. Richard is a 2010 graduate of Chicago-Kent.

Anti Money Laundering Conference Logo

6th Annual BSA/AML Conference
Chicago, Illinois

Join us on Friday, October 7, for the AMLA full-day conference to be held at IIT Chicago-Kent College of Law.

The AMLA full day BSA/AML conference is designed to keep you up to date and well informed. It is a venue where you can network with others and gain knowledge on important issues. The conference is a MUST for everyone in the field of BSA/AML Compliance, Risk Management, Fraud, Security, Legal, and AML Investigation.

For more information and to register, visit the AMLA online here

IIT CHICAGO-KENT GRADUATES FIRST CLASS IN
ONLINE CERTIFICATE PROGRAM IN FINANCIAL MARKETS COMPLIANCE


CHICAGO-July 29 2016-IIT Chicago-Kent College of Law has graduated its first class in its seven-month online certificate program in Financial Markets Compliance (FMC). This is among the first programs in the country to provide prospective and entry-level compliance professionals with a deep understanding of the field as it applies across different types of financial institutions.

"Effective compliance requires, first, a firm analytical understanding of the regulatory expectations governing a regulated entity, and second, the ability to design and implement a compliance system that satisfactorily meets these regulatory expectations in light of the compliance risks arising from a company's particular business model," says Alexander Dill, Director of the FMC certificate program and also one of its professors. "Our current students are highly qualified professionals, many of whom have advanced degrees."

The first graduating class praised the program for giving them a deeper understanding of the financial markets and regulators' compliance expectations. In the words of one student, the certificate was "by far the best program" since her MBA. Another said course materials were in depth and cover the relevant areas of financial markets compliance with real-life examples from the industry. He added that students and faculty engage in a robust dialogue in the weekly discussion forums and that course content and the professors were "top notch." 

The program helps students to identify regulatory and business risks in their company that present material compliance concerns and to determine how best to resolve them. The program is geared toward the new graduate seeking entry into the compliance field, the relatively recent compliance hire, and the seasoned professional who desires to transition to a career in compliance.  .

For more information about Chicago-Kent's online certificate program in Financial Markets Compliance, please visit compliance.kentlaw.iit.edu.

Founded in 1888, IIT Chicago-Kent College of Law is the law school of Illinois Institute of Technology, also known as Illinois Tech, a private, technology-focused, research university offering undergraduate and graduate degrees in engineering, science, architecture, business, design, human sciences, applied technology, and law.

IIT Chicago-Kent's Institute for Compliance is the first institute of its kind located in a law school. The institute promotes careers in financial compliance, trains and prepares students for such careers, increases knowledge of the importance of compliance, and provides various events for the Chicago-based compliance and legal community.

Events

Compliance Industry Trends Panel

Join us for a panel discussion on Compliance Industry Trends and stay to network with other alumni in the compliance field and students seeking similar career paths.

Wednesday, February 3, 2016 | 5-7:30 p.m.

Panelists include:

Ryan Fiedler '13, JP Morgan Chase
Lauren Friedlen '13
, Chicago Board Options Exchange
Kara Ryan '15, Avant, Inc.
Richard Shulman '10
, FINRA
Matthew Wheeler '08, DLA Piper
Erica Yee '12, Citi

This program is sponsored by the Institute for Compliance in Financial Markets, the Career Services Office and the Chicago-Kent Alumni Association.

For more information and to register, click here.

Compliance Chat with Michelle Comella

Tuesday, November 10, 2015 at 12:00pm in Room 270

Join us for pizza and a discussion with Michelle Comella, an attorney, compliance officer and risk manager with 25 years experience working with diverse financial institutions including broker-dealers, clearing firms, investment advisers, investment banks and transfer agents.

Michelle Comella

Compliance Chat with Lilly Farahnakian

Tuesday, October 13, 2015 at 12:00 pm in Room 370

Join us for pizza and a discussion with Lilly Farahnakian, Global Chief Compliance Officer for GCM Grosvenor. Ms. Farahnakian leads the firm's Compliance Team and is responsible for ensuring that the firm maintains compliance with various federal, state, and international regulations. Prior to joining GCM Grosvenor she was a Managing Director and Assistant General Counsel at JPMorgan Chase. During this time, she was also Head of Regulatory and Compliance functions for Research, Americas Investment Banking, Americas Control Room, and Disclosure of Interest.

picture of LilyFarahnakian

7th Annual Conference on Futures & Derivatives

Thursday, October 15, 2015 


It is a time of new rules and continuous, evolving, sometimes confusing change. Gain real access to leading professionals from the CFTC, CME Group, NFA, DOJ and many more in this highly interactive boutique conference setting.

Highlights:

·Current Regulatory Issues
·Recent Trends in Enforcement
·Hot Topics in FCM Compliance
·Hot Topics in Proprietary Trading Firms
·Anatomy of Trading Investigation (ethics)

Location:
IIT Chicago-Kent College of Law 

Registration Fees: 
BEFORE Thursday, October 08, 2015: $410.00 per person 

Regular Registration Fee: $450.00 per person 

Alumni Price: $340.00 per person 

Government Price: $340.00 per person 

CLE Credit:

5.75 hours of Illinois MCLE Credit, including 1 hour of Ethics
6.75 hours of Pennsylvania MCLE Credit, including 1 hour of Ethics

NEW THIS YEAR!
This Conference May Also Be Eligible For:
CFE Credit (Certified Fraud Examiner)
CSCP CEU Credit (Certified Securities Compliance Professional)
CCB CEU Credit (Compliance Certification Board) 

To learn more:  Futures & Derivatives Brochure
To register:  cle.kentlaw.edu

5th Annual BSA/AML Conference

Anti-Money Laundering Association

Friday, October 2, 2015
Chicago-Kent College of Law, Auditorium

The Anti-Money Laundering Association (AMLA) and the Chicago-Kent Institute for Compliance are co-presenting a full-day BSA/AML conference at Chicago-Kent.

More information to be announced.

>> Learn more about the Institute of Compliance's past events.

Elements of the Institute

Lecture Series

The Institute for Compliance holds a number of lectures and conferences related to current issues involving compliance. These events provide free CLE credit and are open to the public. 

Compliance Career Conversations

Chicago-Kent has numerous alumni who work in compliance—some in very senior positions. Using these connections, the Institute hosts a series of relatively informal discussions about careers in compliance for students and alumni.

Traders at the American Stock Exchange in New YorkClasses

The Institute for Compliance has created a curriculum for those students interested in compliance. The Institute arranges for a number of semester-long courses that are offered to IIT Chicago-Kent students. Chicago-Kent course offerings include Introduction to Compliance, Futures and Derivatives Regulation, Securities Regulation, Banking Regulation and Business Ethics.

Internships and Externship Opportunities

Internships and externships in compliance departments are crucial for training students so they acquire real-word, everyday experience regarding how compliance departments function and the types of issues those departments handle. The Institute for Compliance seeks to foster and find compliance-related internship and externship opportunities for Chicago-Kent students. 

Job Links

Drawing upon an extensive network of alumni in the compliance field, the Institute for Compliance curates a selection of job listings for graduates looking to build a career in compliance.

Board of Advisors

The Institute's Board of Advisors consists of leading practitioners in the compliance field, including general counsels at major investment banks, numerous chief compliance officers, partners at law firms, and former regulators.

Leadership

Professor Felice Batlan is director of the Institute for Compliance. She can be reached at fbatlan@kentlaw.iit.edu.

Abby Schwartz Eisenberg is assistant director for the Institute for Compliance. She can be reached at aeisenb3@kentlaw.iit.edu.