Protecting Confidential Information & Client Relationships in the Financial Services Industry


CLE credits earned: 2 GEN

This two hour webinar will focus on the steps firms can take to protect their trade secrets and client relationships. The speaker will discuss the types of materials and information that courts and FINRA consider to be trade secrets, provide insight on restrictive covenants and the types of restrictive covenants that are typically enforced by courts and/or a FINRA panel, and examine various strategies on how to prosecute and/or defend against a trade secret and/or restrictive covenant claim.

Key topics to be discussed:

•   What are (and are not) considered trade secrets in the financial services industry
•   Types of restrictive covenants and which covenants are most likely to be enforceable in court and before FINRA
•   Practical steps financial institutions can implement to protect trade secrets and client relationships
•   What to do if your trade secrets are improperly removed or disclosed, or if a former employee is violating his/her restrictive covenant agreements
•   How to prosecute or defend a case against a former employee who is a FINRA member
•   The impact of the Protocol for Broker Recruiting on trade secrets and client relationships

Date / Time: October 22, 2018

•   2:00 pm – 4:00 pm Eastern
•   1:00 pm – 3:00 pm Central
•   12:00 pm – 2:00 pm Mountain
•   11:00 am – 1:00 pm Pacific


Choose a format:

•   Live Video Broadcast/Re-Broadcast: Watch Program “live” in real-time, must sign-in and watch program on date and time set above. May ask questions during presentation via chat box. Qualifies for “live” CLE credit.
•   On-Demand Video: Access CLE 24/7 via on-demand library and watch program anytime. Qualifies for self-study CLE credit. On-demand versions are made available 7 business days after the original recording date and are view-able for up to one year.

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SKU: N/A Categories: ,
Original Broadcast Date: July 25, 2018

Scott Humphrey, Esq. is a partner in Seyfarth Shaw LLP’s Trade Secrets, Computer Fraud, & Non-Compete practice group. He serves on the Group’s National Steering Committee and has successfully prosecuted and defended trade secrets and restrictive covenant cases throughout the United States. In doing so, Scott has successfully obtained and defeated temporary restraining orders, preliminary injunctions and permanent injunctions involving trade secret and restrictive covenant matters for clients in the technology, securities and financial services, transportation, electronics, software, insurance, healthcare, consumer products, and manufacturing industries. Scott has also written and reviewed restrictive covenant agreements for both Fortune 100 and small privately held corporations.

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Accreditation on Formats: Live Video Broadcasts, “Live” Re-Broadcasts and On-Demand CLEs

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Many states allow for credit to be granted on a 1:1 reciprocal basis for courses approved in another mandatory CLE jurisdiction state. This is known as a reciprocity provision and includes the following states: AK, AR, HI, CT, FL, ME, MO, MT, ND, NH, NM, VT, NJ, NY, and WV. myLawCLE does not seek direct accreditation of live webinars or teleconferences in these states.

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Section I. What is a trade secret?

Section II. Practical steps financial services can implement to protect trade secrets and client relationships

Section III. Restrictive Covenants – What are they and how do they interact with FINRA Rules

Section IV. What to do if a FINRA member takes your trade secrets or violates agreements

Section V. FINRA rules and the Protocol for Broker Recruiting: What you need to know and recent developments