MBA Spring Mid-Semester Module Proposal

Transcription

1 MBA Spring Mid-Semester Module Proposal KURT WACHHOLZ 474 Wilfawn Way Avondale Estates, Georgia Phone: Managing Director WellSpring Compliance Partner The Wellspring Group

2 July SUGGESTED TITLE: ETHICS and EXECUTIVE LEADERSHIP Module Learning Objectives: Ethical Awareness After completing the course, students should be able to recognize the ethical issues facing those in leadership positions. Ethical Integration After completing the course, students should be able to integrate ethical approaches into real world situations via corporate codes of ethics or conduct, and corporate governance framework. Ethical Evaluation After completing the course, students should be able to apply and evaluate ethical tests in an executive s decision making process. Ethical Mitigation After completing this course, students should be able to detect, correct, and prevent ethical issues. Major Topics and Issues: Ethical Awareness: Developing ethical awareness through the study of the financial industry s mechanisms for addressing ethical behavior among member firms. This topic reviews securities law, industry regulation and regulatory bodies, corporate requirements, and mitigation activities. This topic will include guest speakers from the various industry participants. Ethical Integration: Developing a corporate ethics program. This topic will involve small groups with the focus on developing an ethics program for a figurative company. This topic will include drafting a company code of ethics and governance framework that includes detection, correction, and prevention components. Ethical Evaluation: Applying decision making tests into ethical problem solving. This topic will review various ethical tests and the frameworks for their use. It will include various problem solving scenarios for the class to discuss and use to apply the ethical tests. This topic s scenarios will be presented in three ways: to the class as a whole for discussion and application, to small groups for discussion and resolution, and to groups in a role play scenario where individuals assume certain corporate roles in their response to the problem. Ethical Mitigation: Analyzing, resolving, and defending an ethical problem via an Ethics Challenge. This topic will involve an ethics challenge in which student teams will each be given ethics cases to review and analyze. Each team will present one analysis to the class. Presentations will be challenged and judged. This topic will be structured similarly to the Association for Practical and Professional Ethics Ethics Bowl Competition.

3 Format & Preliminary Schedule: Section Topic Day One Ethical Awareness 4 hours Introduction and Course Outline Class Exercise: Ethical Scenario Topic: Points to Ponder: Is Good Ethics Good Business? Form Teams Introduce Ethics Challenge and Case Selection Speaker: Regulatory (SEC and FINRA) Law & Enforcement Speaker: Legal (Securities Attorney) Law & Interpretation Day Two Ethical Integration 4 hours Team Exercise: Ethical Scenario Topic: Rationalizing Unethical Conduct Topic: Core Workplace Values Topic: Corporate Codes of Ethics Team Debate: Does a Written Code Deter Ethical Conduct? Topic: Corporate Governance Framework Team Exercise: Ethical Governance (Role play) Team Assignment: Draft a Corporate Code of Ethics for ABC Company Speaker: Board and Ownership Law & Governance Speaker: Corporate Insurance (D&O insurance) Law & Protection Day Three Ethical Evaluation 4 hours Team Exercise: Ethical Scenario Topic: Introduction of Ethical Tests Topic: Application of Ethical Tests Team Exercise: Ethical Test Application Review Ethics Challenge Rules and Format Speaker Compliance and Management Law & Application Day Four Ethical Mitigation 3 hours Ethics Challenge Format Review Team Presentations (Rounds continue until all have presented) Break Challenge Results Wrap-up What are the takeaways? Student Requirements All students are expected to: prepare a code of ethics analyze ethical problems compete in the ethics challenge serve on a peer review panel for the ethics challenge, and perform assigned reading and research to support the class topics and challenge preparation.

4 Qualifications of Instructor Kurt Wachholz IACCP sm Kurt Wachholz has over 20 years of professional experience as an officer in the financial services industry. He is currently the Chief Compliance Officer for Wellspring Wealth Management LLC a registered investment adviser. He also provides operational leadership to The Wellspring Group a holding company of various financial service firms and supports the compliance and ethics programs of non-affiliated investment advisers and broker dealers through his own firm WellSpring Compliance. Kurt has served as a board member, Chief Operations Officer, Chief Technology Officer, and Chief Compliance Officer for various business organizations. He has created, implemented, and maintained compliance and ethics programs for both registered investment advisers and registered broker dealers. He is a member of the National Society of Compliance Professionals, the Open Compliance and Ethics Group, The CCO Study Group of Atlanta and the Atlanta BD/IA Continuity Group. He is a volunteer judge for the InvestWrite youth program sponsored by the Foundation for Investor Education. Instructor Credits Kurt earned his Investment Adviser Certified Compliance Professional (IACCP) designation from the Center for Compliance Professionals. He is currently an instructor for the Center for Compliance Professionals and covers subjects related to financial industry regulatory rules and compliance and ethics program requirements. Kurt has presented at national industry compliance conferences on a range of compliance topics. He has most recently co-presented a series of ethics presentations that provide professional compliance personnel and legal professionals continuing education ethics credits. Kurt is currently working with an industry colleague on an ethics education program for financial service firms and their compliance officers. Kurt is a featured speaker and an engaging presenter. Kurt was a former collegiate president of Toastmasters. Thanks to you for sharing your knowledge, experience, expertise through an engaging presentation style that did so much more than transfer information from a reliable source. You hooked the students and encouraged them to be inquisitive, which are important measures of success in a teaching environment. - Renee Betar, Director of Professional Development Programs, National Regulatory Services Center for Compliance Professionals

5 Kurt Wachholz is the managing director of WellSpring Compliance LLC, an Atlanta-based consulting firm. WSC is dedicated to providing practical and strategic guidance to financial service firms and their management, including regulatory and compliance programs. Kurt has over 20 years of professional experience in the financial services industry. He has worked on the retail side of the banking, insurance, brokerage, advisory and financial planning organizations. He has also worked in various back office positions including accounting, human resources, technology and compliance. For the past ten years, Kurt has served as a Chief Compliance Officer and compliance consultant to various small to mid-size investment advisers and broker dealers. He has had firsthand experience with SEC and FINRA examinations. His unique experience and practical knowledge of industry compliance has helped him provide a valuable and sought after perspective. Kurt is a featured speaker and engaging presenter on a wide variety of compliance topics. He has presented nationally on issues such as ethical practices, sustainable compliance programs, and staying ahead of the regulatory curve. Over his career he has been an active member of various industry organizations. He is currently a member of the National Society of Compliance Professionals, Open Compliance and Ethics Group, the CCO Study Group of Atlanta, and the Atlanta BD/IA Continuity Group. Kurt earned his BA from the University of Wisconsin Eau Claire and his Investment Adviser Certified Compliance Professional designation from the Center for Compliance Professionals. Kurt E. Wachholz IACCP sm Managing Director Mobile: kurt@wellspringcompliance.com WellSpring Compliance Phone: Wilfawn Way Avondale Estates, GA