Episode Summary

Newly minted CIO Bob Doll of Crossmark joins to discuss his move. Jeff and Bruce do an informal report card on Bob's 2021 predictions with him. Susan Schroeder of WilmerHale, the former head of enforcement at Finra, chats about her memories of interesting enforcement actions at Finra and the Finra/SEC relationship.

Episode Notes

Interview with Bob Doll :30-23:10

• His move to Crossmark and the value of a smaller firm.
• Explaining "values-based investing."
• Where do product and distribution go for Crossmark?
• The industry pressure on active versus the demand among faith-based investors.
• Revisiting Bob’s 2021 predictions — value versus growth; interest rates and inflation; GDP and debt; political compromise or lack thereof; eye on geopolitical issues.

Interview with Susan Schroeder 23:40-41:00

• Background at Finra and memorable cases.
• Reg BI and its potential impact, and how the SEC might use it.
• The Finra-SEC relationship under the new administration and Reg BI.
• Expungement reform and the potential for cracking down on rogue brokers.
• Assessing Robert Cook’s time as Finra CEO and the FINRA 360 initiative.
• The crypto gap.

This episode sponsored by:

Broadridge is a global fintech leader whose infrastructure powers investing, corporate governance & communications. Visit Broadridge.com

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Guest Bios

Bob Doll: Financial services industry veteran with over 40 years of experience. Experienced portfolio manager for large-cap equity strategies, as well as long and long-short equity strategies. Author of weekly, quarterly and annual investment commentaries focusing on key themes and risks driving equity markets, monetary policy and the global economy. Regular guest and contributor to multiple media outlets such as CNBC, Bloomberg TV, Moneywise and Fox Business News.

Susan Schroeder: As the former head of enforcement and management committee member at the Financial Industry Regulatory Authority Inc., Susan Schroeder has deep insight into the priorities and procedures of the regulatory bodies that govern the financial services industry, including the Securities and Exchange Commission, Finra, exchanges and state securities regulators. In addition, Schroeder calls on her extensive experience overseeing thousands of regulatory investigations to assist and advise clients in all aspects of internal investigations, including detecting potential misconduct, complying with reporting obligations and effectively remediating systemic problems.