Event Registration

Lotteries, Raffles, and Sweepstakes through a 21st Century Lens

Description:

Register by September 25th and take advantage of our Early Bird Pricing!

All registrations to Compliance Resource webinars include five live connections AND the recording of the webinar (guaranteed for one year).

WHAT?
Federal law prohibits banks from making, taking, buying, selling, redeeming, or collecting lottery tickets and from announcing, advertising, or publicizing the existence of any lottery or the existence or identity of any participant or winner of a lottery. However, giveaways that often qualify as lotteries remain popular among financial institutions. And these activities are easier to promote than ever before with the prevalence of social media use. What is ok and what isn’t? What are the rules for banks and what do banks need to consider when using social media platforms?

Plus the American Savings Promotion Act was signed into law on December 18, 2014 amending federal law to allow for savings promotion raffle products by financial institutions to encourage savings. However, many states have laws that continue to prohibit financial institutions from dealing in lotteries and related activities including savings promotion raffle products which are now permitted under federal law.

This program will identify actions that are permitted and prohibited by financial institutions in relation to lotteries and related activities.

WHY?
This two-hour webinar is designed to make attendees aware of rules related to lotteries, raffles, and sweepstakes. It will explore how to apply these rules to 21st Century technology and marketing techniques, rules related to specific social media platforms your bank may be using, promotions that are permissible under federal and state law, and tips to ensure you comply each time.

TOPICS

  • Prohibited activities related to lotteries;
  • Permitted activities related to lotteries;
  • Examples of permissible and prohibited actions;
  • Federal law related to lotteries and financial institutions;
  • State law provisions impacting financial institutions;
  • Activities conducted via social media;
  • Social media platform rules to consider; and
  • Examples of what is acceptable and what isn’t!

WHO?
The program is designed for Compliance Officers, Marketing Staff, Auditors, Management, and others involved in developing promotional activities, advertising, and ensuring compliance.

PRESENTER
Robin Cooper, CRCM is the Director of Compliance for Compliance Resource, LLC, a source of compliance assistance for financial institutions. Robin’s career in banking began in 2004. Since that time she has worked for community and regional financial institutions ranging from $100 million to $1 billion in asset size regulated by the Office of the Comptroller of the Currency (OCC) and Federal Reserve Board (FRB). Robin has worked in numerous compliance and banking roles, including Compliance Auditor, Internal Auditor, BSA Officer, and Compliance Officer. In 2010 Robin established and led the, now longstanding, Central Kentucky compliance roundtable for compliance officers in central and southern Kentucky to convene and discuss emerging compliance issues. Robin has a bachelor’s degree in Government from Centre College, attended the American Bankers Association National Compliance School, and is a Certified Regulatory Compliance Manager.

*This program will start at 11:00 AM EDT, 10:00 AM CDT, 9:00 AM MDT, or 8:00 AM PDT

**Recording Available

This webinar will be recorded and sent to all registrants.  You will receive links to the recording following the program.  These recordings have unlimited viewings and are available for up to one year.

Register by September 25th and take advantage of our Early Bird Pricing!

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We are sorry but registration for this event is now closed.

Please contact us if you would like to know if spaces are still available.