MBA Spring Mid-Semester
Module Proposal
Managing Director
WellSpring Compliance www.wellspringcompliance.com [email protected]KURT WACHHOLZ
474 Wilfawn WayAvondale Estates, Georgia 30002 Phone: 404.606.0663
Partner
The Wellspring Group www.wellspringgroupllc.com [email protected]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.
July 29 2010
Format & Preliminary Schedule:
Section Topic
Day One Ethical Awareness
4 hours Introduction and Course O utline
Class Exercise: Ethical Scenario
Topic: Points to Ponder: “Is Good Ethics Good Business?” Form Team s
Introduce Ethics Challenge and Case Selection Ethical Awareness – An Industr y Perspective
Speaker: Regulatory (SEC and FINRA) – Law & Enforcement Speaker: Legal (Securities Attorney) – Law & Interpretation
Day Two Ethical Integ ration
4 hours Team Exercise: Ethical Scenario
Topic: Rationalizing Unethical Conduct Topic: Core W orkplace Values
Topic: Corporate Codes of Ethics
Team Debate: Does a W ritten Code Deter Ethical Conduct? Topic: Corporate Governance Fram ework
Team Exercise: Ethical Governance (Role pla y)
Team Assignment: Draft a Corporate Code of Ethics for ABC Company
Ethical Awareness – An Industr y Perspective
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 Form at Ethical Awareness – An Industr y Perspective
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
W rap-up – W hat are the takeawa ys?
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
company
name
Delete text and place photo here. Delete text and place photo here. Place logo
or logotype here, otherwise
delete this.
june
2008
S
M
T
W
T
F
S
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Place logo or logotype here, otherwise delete this.company
name
Delete text and place photo here. Delete text and place photo here. Place logo or logotype here, otherwise delete this.
january
2008
S
M
T
W
T
F
S
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
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
