Regulatory and Compliance

How I can help

I provide regulatory and compliance advisory services to broker-dealers, banks, financial institutions, exchanges, and other market participants, drawing on extensive experience from both sides of the regulatory relationship—first as a securities and futures regulator and later as a senior compliance leader within the broker-dealer industry. This combination of experience provides me with a unique perspective on regulatory and compliance matters. As a former regulator, I understand how regulators approach examinations, investigations, rulemaking, surveillance, and enforcement, as well as the regulatory objectives and concerns that often drive their decisions. As a former legal and compliance professional, I understand the practical challenges firms face in translating regulatory requirements into effective policies, procedures, supervisory systems, surveillance programs, and controls that can operate successfully within a complex business environment. I believe effective compliance requires an understanding of both perspectives. Regulatory requirements must be addressed thoughtfully and credibly, but compliance solutions must also recognize how a firm's business actually operates. I work with clients to identify practical approaches that address regulatory expectations while considering operational realities, business objectives, risk, resources, and implementation. My experience includes securities and futures regulation, bank and broker-dealer compliance, surveillance, trading practices, market structure, supervisory systems, regulatory examinations and inquiries, policies and procedures, and the development and assessment of compliance and control frameworks. I can assist firms in evaluating existing programs, identifying potential regulatory or compliance gaps, responding to emerging regulatory issues, and developing enhancements appropriate to their particular business and risk profile. I also advise firms on regulatory examinations, inquiries, investigations, and other interactions with regulators. My experience on both sides allows me to anticipate regulatory concerns, evaluate responsive information, and communicate complex business and compliance issues clearly and effectively. My objective is to provide independent, practical, and informed advice, combining a regulator's understanding of regulatory expectations with a compliance leader's appreciation of business realities to develop solutions that are credible, effective, and workable.