Charlie Felker to Conduct Webinar on NCUA’s Supervisory Letter on Concentration Risk

May 21, 2010 - PRLog -- Charlie Felker, Managing Director of Regulatory Affairs, at First Empire Securities, Inc., will conduct a webinar on the recently-issued Supervisor Letter on Concentration Risk by the National Credit Union Administration (NCUA), on Wednesday, June 2, 2010 at 3:00 PM EST. Charlie will discuss how concentration risk can potentially impact the financial condition of a credit union.

Mr. Felker maintains over thirty-five years of experience working with regulations that govern financial institutions.  He served as the NCUA representative to the Federal Financial Institution Examination Council’s (FFIEC) Investment Task Force; and was the principal author of the NCUA’s investment regulation for natural person credit unions, as well as several NCUA Interpretive Ruling and Policy Statements addressing investments and balance sheet risk management.  Charlie has made numerous presentations before trade and regulatory groups throughout the United States and Canada.

“I am pleased to provide clients with guidance on the evaluation of concentration risk and look forward to sharing my knowledge regarding this very timely subject,” said Felker.

About Us
First Empire Securities, Inc. is a privately-owned and operated financial services firm headquartered in Hauppauge, NY, specializing in providing full-service brokerage solutions including comprehensive analytics, regulatory guidance, and strategic planning, to institutional clients nationwide for over 25 years.  First Empire is a registered broker-dealer and member of FINRA and SIPC and maintains over $3.5 billion in client assets with its safe-keeper, Pershing, LLC.

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First Empire Securities, Inc. is a privately-owned and operated financial services firm headquartered in Hauppauge, NY, specializing in providing full-service brokerage solutions including comprehensive analytics, regulatory guidance, and strategic planning, to institutional clients nationwide for over 25 years. First Empire is a registered broker-dealer and member of FINRA and SIPC and maintains over $3.5 billion in client assets with its safe-keeper, Pershing, LLC.