Ascent Capital Management has been an active member of the NIBA since we were established in 2011. The NIBA provides several tools to assist firms to maintain compliance with many of the regulatory changes that have become commonplace in our industry.
Semi-annual meetings with various speakers on many diverse topics are just some ways that the NIBA helps keep its members up to speed and avoid regulatory issues. New products, changes to AML requirements and Cyber-Security have been some examples of past areas of education. Of course, attendees are encouraged to ask questions at the conclusion of the panel discussion to help their understanding of the topics at hand. Often the NFA participates and are always very accommodating to answer questions from the attendees.
We have gained valuable insight into many regulatory changes over the years. The education gained from attending these seminars has helped make our routine audits become just as they should be, routine. Ascent Capital Management is thankful to the NIBA leadership and staff for their hard work and dedication.