The Knowledge Group
The Knowledge Group

Timothy U. Morton, EVP, National Association of Independent Brokers Dealers, Inc. (NAIBD) to Speak at KC’s “NASD Rule 2821 Amendment No. 4” Event on August 2007

New York, NY, July 28, 2007 --( The Knowledge Congress, the leading producer of regulatory focused teleconferences has announced today that Timothy U. Morton, Executive Vice President of the National Association of Independent Brokers Dealers, Inc. (NAIBD) and Vice President - Development at WBB Securities, LLC, will speak at the Knowledge Congress’ upcoming teleconference entitled: “NASD Rule 2821 Amendment No.4: Best Practices Explored.” This 2-hour event is scheduled on August 2, 2007, Thursday at 1:00 PM EST. (For further details and an updated panelist list for this event, please visit:

In March 2007, the NASD filed Amendment No. 4 to the proposed NASD Rule 2821 which prescribes sweeping changes in sales practices and supervisory requirements for dealings in deferred variable annuities. The new rule poses a number of changes specifically designed to ensure compliance that includes specific governing recommendations and training requirements.

The Knowledge Congress has assembled a panel of distinguished experts who will share their insights on the legal implications of these policies to the organizations most impacted by them. The panel will present their findings in this two-hour live teleconference.

About Timothy U. Morton

Tim Morton is the Director of Annuity Marketing for Westland Financial Services, Inc. and its partner firm Financial Professionals Group. Both firms support the Broker/Dealer Community with compliance oriented marketing support and training for annuities, life insurance and long term care. Tim is also the Vice President Development for WBB Securities, LLC, a full service NASD member firm. Mr. Morton has been in the securities industry for 25 years, and was President and CEO of JMC Financial Corporation from 1998-2006. JMC was a Broker/dealer specializing in the bank distribution channel and sold nearly $4 billion of fixed and variable annuities and mutual funds through financial institutions. He started his career in this industry with Private Ledger (now LPL) in 1982. Tim has served on the board of directors of the National Association of Independent Broker/Dealers (NAIBD) for many years and is now the Executive Vice President. He also chairs the Membership Committee and the Spring Technology and Compliance Symposium Committee for NAIBD. Mr. Morton is also a member of the NASD Small Firms Rules Impact Task Force committee. Tim was born and raised in the San Diego area and received a degree in Information Systems in 1978 from Coleman College. Mr. Morton holds current Life and Disability Insurance, Variable Annuity and NASD Series 7, 24, 51 and 63 licenses.

Timothy U. Morton
Vice President Development
WBB Securities, LLC
16835 West Bernardo Drive, Suite 203
San Diego, CA 92127

For more information about Timothy U. Morton, please visit: and

About The Knowledge Congress

The Knowledge Congress is an organization that produces teleconferences that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations.” To contact or to register to an event, please visit:

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Thomas LaPointe, Jr., Executive Director
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Director, Account Management & Member Services