2018 Financial Services Compliance Boot Camp UNC School of Law Center for Banking and Finance. Speaker Bios

Transcription

1 Wayne Aaron Milbank, Tweed, Hadley & McCoy LLP 2018 Financial Services Compliance Boot Camp UNC School of Law Center for Banking and Finance Speaker Bios Wayne M. Aaron is a partner at Milbank, Tweed, Hadley & McCloy and a member of the firm s Litigation & Arbitration Group, the Financial Services Regulatory Practice, and the FinTech Practice. He is a financial services regulatory lawyer with deep experience in sales, trading, and market structure issues, applying that experience to represent financial services firms, their management, and other employees in governmental and regulatory investigations and to advise on US securities laws and the rules of self-regulatory organizations and exchanges. Wayne regularly counsels securities firms and their employees on complex sales and trading and other regulatory issues affecting the securities markets, and advises on inquiries by and enforcement proceedings before the SEC, FINRA, and other government regulators and self-regulatory organizations. His practice encompasses the wide range of regulatory issues currently affecting financial services firms, hedge funds, and other institutional investors including, equity and fixed-income trading practices; market structure and order handling and execution issues; audit trail and trade reporting requirements; commission sharing arrangements and directed brokerage programs; short sales and operational compliance; high-frequency trading, market-making, and specialist obligations; capital markets issues; and research practices. Wayne has been recognized as a leading lawyer for financial services regulation in Chambers USA. He earned a Bachelor of Science degree from Tufts University and a Juris Doctor from Hofstra University. Michael Adams McGuireWoods LLP Michael Adams served 25 years in the U.S. Navy as a national security advisor and point person on cyber threats, Michael now advises clients across industries on cybersecurity, data privacy and technology issues and leads the firm s Data Privacy and Security-Financial Services and Defense and Government Contracts practices. After joining McGuireWoods, Michael redesigned the firm s approach to cybersecurity and data privacy building a risk assessment and counseling architecture that focuses on information assurance, information governance and incident response and remediation. This refined approach protects clients while ensuring legal and regulatory compliance. Previously, Michael served as Deputy General Counsel to the last two Chairmen of the Joint Chiefs of Staff. During his three-year tenure with the Chairmen and Joint Chiefs, Michael counseled the country s top military officers, civilian advisors, the National Security Council, and Congress on international and national security law affecting military operations, including cybersecurity, privacy, information governance and technology. He developed frameworks to combat cyber threats and was a key adviser during significant cyber events, including North Korea s hacking of Sony Pictures. In other assignments, he helped design a cyber architecture for forces in the Pacific theater; advised on the development, procurement and use of sensitive technology; and developed groundbreaking analysis that enabled the multimillion-dollar procurement of leading tools for counter-terrorism missions. Michael was deputy general counsel for U.S. Pacific Command and NATO s ISAF Joint Command, as well as general counsel for Naval Special Warfare Development Group and special operations task forces conducting national missions. His background offers clients rare legal and technical insight into cyber risks and solutions, and he employs proven risk mitigation, compliance, and incident response methodologies. Michael s risk mitigation and compliance 1

2 advice routinely addresses cybersecurity and privacy legal obligations such as those set forth in the Gramm- Leach-Bliley Act, Health Insurance Portability and Accountability Act, Defense Federal Acquisition Regulation Supplement, General Data Protection Regulation, Privacy Shield and state laws (e.g., New York Department of Financial Services Cybersecurity Requirements), as well as technical standards such as the National Institute of Standards and Technology Framework for Improving Critical Infrastructure Cybersecurity and Special Publications and the ISO/IEC seies standards for information security management systems. He also helps clients maximize data-related profits and efficiencies by overseeing data mapping and inventory projects, while building records and information management policies and procedures (e.g., records retention schedules) that ensure legal compliance and reduce unnecessary business risk. Additionally, Michael serves as a first responder and 24/7 advisor to clients faced with data breaches and other cybersecurity incidents. He led McGuireWoods response to what may have been the most complex, high-value disclosure of sensitive customer information in history. Finally, he puts his military experience and technical expertise to use by advising clients on advanced security measures, artificial intelligence, unmanned and autonomous systems, cryptocurrency, smart contracts, blockchain, and biometrics. Michael co-taught a national security law course at Harvard Law School on maritime and territorial disputes in the East and South China Seas and has lectured at Oxford, Columbia, Georgetown, the University of Virginia, New York University, and the University of California, Berkeley Law Schools. He also served as the U.S. government s primary representative, negotiator or speaker on law and operations for events in Australia, China, India, Indonesia, Israel, Japan, Malaysia, the Maldives, New Zealand, Norway, Qatar, Singapore, Switzerland, and the United Kingdom. Michael s experience also includes mergers and acquisitions, intellectual property, investigations, government contracts, labor law, and litigation. Michael earned his LLM from Harvard, his JD from Georgetown, and his BS from the United States Naval Academy. Neysa Alecu Wells Fargo Neysa Alecu is the Wells Fargo Clearing Services, LLC Anti-Money Laundering Officer. In this role, Neysa is responsible for the administration of the Bank Secrecy Act, USA PATRIOT Act, and Office of Foreign Assets Control compliance programs for retail brokerage and clearing services. Neysa is responsible for providing senior leadership, driving strategy, and execution of the firm s AML program, policies, procedures, and processes. Neysa joined Wells Fargo in 2014 and has two decades of anti-money laundering compliance experience. Prior to joining the firm, Neysa was the BSA Officer at TCF Bank where she successfully assisted the bank with lifting a BSA-related consent order issued by the Office of the Comptroller of the Currency. Prior to TCF, Neysa was the AML Officer at Ameriprise Financial and was responsible for leading the AML programs for brokerage, insurance and annuities, asset management and bank products and services. She was the BSA Officer for American Express Centurion Bank, the BSA Officer for the travelers cheques division, and held other AML compliance roles within American Express. Her professional experience encompasses successful management of suspicious activity investigations, development and implementation of AML program governance functions, risk assessments, policies and procedures, and training. Neysa is a graduate of Vassar College with a Bachelor of Arts degree in Spanish and holds a Master of Education degree from Harvard University. She is a licensed General Securities Representative and Principal, a Certified Anti-Money Laundering Specialist, as well as, a graduate of the Federal Bureau of Investigations Citizens Academy. Frances Amos Wells Fargo 2

3 Frances Amos joined Wells Fargo s Regulatory Compliance Risk Management Group in May 2015 and is responsible for leading a team of compliance subject matter experts to provide support and oversight of the fiduciary and asset management products and services offered by the Wells Fargo lines of business. She is responsible for enhancing the enterprise-wide regulatory compliance risk management program by ensuring that policies, procedures and controls are appropriately designed, documented, implemented, monitored and tested, and driving effective risk management analyses, reporting, escalation and resolution of identified issues. Frances graduated from the University of Florida College of Law with honors and has over 19 years of investment adviser and financial industry experience in both the legal and compliance fields. Prior to joining Wells Fargo, Frances was a Compliance Director with JPMorgan Chase responsible for the compliance programs for the Chase Wealth Management and legacy Bear Stearns lines of business. Before that, Frances held the position of Chief Legal Officer with NFJ Investment Group LLC, a wholly owned registered investment adviser of Allianz Global Investors. Frances was also Senior Counsel with USAA responsible for RIA asset management services and third party mutual fund brokerage distribution. Prior to that, she was head of Compliance with Marsico Capital Management LLC, a registered investment adviser with private wealth management and investment company advisory services. Frances began her career in San Francisco first as part of the Charles Schwab Investment Management Inc. legal team and subsequently as Associate Counsel with Mellon Capital Management Corporation. Scott Anderson UBS Scott Anderson is the Americas Head of Compliance & Operational Risk Control for the Investment Banking Division of UBS, as well as the Chief Compliance Officer for UBS Securities LLC. Scott joined UBS in this capacity in 2015, from Fidelity Investments where he was a Senior Vice President and Head of Compliance for the Fidelity Capital Markets division. Scott was previously employed by UBS for twelve years in Legal and Compliance leadership roles. He also worked as an attorney in the Legal Department of JP Morgan Chase. Earlier in his career, Scott served as an attorney in Nasdaq's Office of General Counsel and the Enforcement Department of FINRA (then NASD). Scott earned a Bachelor of Arts from the University of Richmond, a Juris Doctor from the University of Tennessee, and a Master of Laws in Securities and Financial Regulation from Georgetown University. Suzy Auletta Suzy Auletta is an executive vice president and Chief Compliance Officer for. She is responsible for the coordination and execution of a variety of functions within compliance as well as registrations. Most notably, she is responsible for the existing brokerage surveillance team, incorporating oversight and monitoring functions from other parts of GRC, and developing a holistic multi-year plan for oversight and monitoring systems, processes, and infrastructure. Suzy has more than 25 years of experience specializing in regulation, compliance, surveillance, and business management in the financial services and securities industry. She worked most recently as a managing director in Global Wealth Investment Management Compliance at Bank of America Merrill Lynch, where she managed a team of over 90 professionals performing essential compliance functions, including branch examinations, compliance monitoring, testing, and surveillance, regulatory exam management, and vendor compliance. In earlier roles, Suzy served as the chief 3

4 compliance officer and regulatory counsel for a large NYSE specialist firm and as a defense attorney at a law firm specializing in regulatory litigation. She began her career as an enforcement attorney at the American Stock Exchange, where she remained for over 11 years, ultimately serving as chief counsel. Suzy earned a Bachelor of Arts in psychology and sociology from the State University of New York at Albany and a Juris Doctorate from Brooklyn Law School. David C. Boch Morgan, Lewis & Bockius LLP David Boch is a partner at Morgan, Lewis & Bockius. He regularly advises clients on all aspects of compliance with federal, state, and SRO regulations applicable to broker-dealers, investment companies, investment advisers, and transfer agents. David also conducts internal investigations and regularly represents clients in regulatory proceedings before the SEC and FINRA, and defends them in private litigation in both state and federal courts and arbitrations. He advises clients concerning the design and implementation of supervisory and compliance programs, the review of existing policies and procedures, the preparation for and conduct of examinations and registration issues. David is a graduate of Harvard College, Suffolk University Law School and George Washington University (MPA). Lissa Lamkin Broome UNC School of Law Lissa Broome is the Burton Craige Professor of Banking Law and the Director of the Center for Banking and Finance at the UNC School of Law. She also heads the Director Diversity Initiative, which seeks to improve the gender, racial, and ethnic diversity on public company boards of directors, and she serves as the advisor to the North Carolina Banking Institute journal. She is the co-author of one of the leading banking law casebooks. Lissa is a graduate of the University of Illinois with a BS in Finance and she holds a JD from Harvard Law School. David Buffa Bressler Amery Ross, P.C. David Buffa is an associate in the Securities Practice Group at Bressler, Amery & Ross. He represents brokerdealers, investment advisors and other financial firms in private litigation, often focusing on non-traditional investment strategies such as structured products, derivatives, options strategies, privately-held investments, hedge funds, margin and arbitrage strategies. David regularly defends firms and individuals in regulatory proceedings before FINRA and the SEC and has conducted numerous internal investigations for large firms and smaller broker-dealers. David also has significant in-house experience, having worked at a large international bank on the design and implementation of the bank s compliance and anti-money laundering programs. David received his BA from Columbia University and a JD from Brooklyn Law School, where he served as an executive editor of the Journal of International Law and published a note on treaty law. In addition to his securities work, David maintains a pro bono practice focused on veteran discharge review applications in partnership with the Urban Justice Center. Tracy Calder 4

5 Tracy Calder is a Managing Director and Deputy Chief Risk Officer at. In this role, she oversees the compliance and operational market and credit risk management functions. Prior to joining in January Tracy worked for J.P. Morgan Securities, where she served as Managing Director and Chief Compliance Officer. At J.P. Morgan, she led a compliance program that spanned the firm s institutional and private client broker/dealer and registered investment advisor (RIA) businesses. Prior to J.P. Morgan, she served as Senior Vice President at Wells Fargo Advisors, where she led the retail compliance program for the firm s broker/dealer. Previously, Tracy spent 18 years with UBS Wealth Management Americas in a variety of legal and compliance roles, including as head of legal for the Wealth Management Advisor Group and as Chief Compliance Officer and senior deputy general counsel for UBS Financial Services Inc. Tracy earned a Bachelor of Arts from Fordham University and a Juris Doctor from the University of North Carolina School of Law. Katrina Carroll Katrina Carroll is the Executive Vice President and Chief Anti-Money Laundering Officer for, and its affiliate, the Private Trust Company. She is responsible for all aspects of the institutions anti-money laundering (AML)/Office of Foreign Assets Control (OFAC) programs. Prior to joining LPL in 2016, Katrina was in the Financial Institutions Group at WilmerHale in Washington, DC, where she counseled clients on regulatory, enforcement and transactional matters related to AML and financial sanctions. While with WilmerHale, Katrina served as outside counsel to SIFMA s Anti-Money Laundering and Financial Crimes Committee. Before entering the private sector, Katrina spent nearly a decade working on these issues in the federal government. She served in Treasury s Office of Terrorist Financing and Financial Crimes, where she worked closely with the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), the Department of Justice, and other government agencies on policy responses to threats to the international financial system. Katrina also served as senior counsel in Treasury s Office of the Assistant Counsel for Enforcement and Intelligence. Prior to Treasury, Katrina was senior counsel for anti-money laundering in the Office of Compliance Inspections and Examinations (OCIE) at the Securities and Exchange Commission. Katrina earned her Bachelor of Science in Foreign Service from Georgetown University and a Juris Doctor from The George Washington University Law School. Stefan Cooper KPMG Stefan is a Partner in KPMG LLP s Capital Markets Operations & Compliance Risk Practice. He has more than 20 years of experience in, trading complex instruments, regulatory compliance, and operations in the securities and financial industry. As a former regulator with the SEC and NASD (now FINRA), he understands securities laws, regulations, and enforcement. Prior to joining KPMG Stefan worked as an equities, options and derivative market maker and risk manager for a global electronic trading firm. He has a comprehensive knowledge of trading architecture, market structure and trading controls. Stefan has assisted various global investment banks and trading firms with: 1) identifying and mapping their regulatory obligations related to their global Electronic Trading ( E-Trading ) businesses to associated controls (i.e., policies, automated controls, supervisory procedures, compliance procedures, and surveillances) in order to identify potential coverage gaps, control weaknesses or opportunities for improvement; 2) evaluating E-Trading technology risk 5

6 with focus on assessing SDLC and change management control framework adequacy; and 3) assessing the design adequacy and effectiveness of automated trading controls designed to mitigate market, financial, regulatory, operational, and technology E-Trading risk. Michael Cowart Michael Cowart is Associate General Counsel for. In this position, he provides legal expertise to the firm s trading desks and compliance department. Additionally, Michael works closely with the firm s regulators in responding to a wide array of regulatory inquiries and requests. Prior to joining, Michael was Assistant General Counsel and Deputy Director of Professional Qualifications at the Municipal Securities Rulemaking Board ( MSRB ). Michael also worked as a vice president at Goldman Sachs in the Investment Management Division. Mr. Cowart received a bachelor s degree in history with honors from the University of Tennessee, a master s degree from Vanderbilt University, a JD from Elon University School of Law and a LL.M. in Securities and Financial Regulation from Georgetown University Law Center. Sean Delaney Bank of America Sean Delaney is Bank of America s Enterprise Independent Testing Executive responsible for overseeing the Bank s Automated/Trade Surveillance Testing for all lines of business globally. Sean joined Bank of America in July 2014 from J.P. Morgan Securities where, since 2006, he held various leadership roles within the Compliance Department, primarily within the Equity Advisory Line of Business Compliance team. Prior to leaving J.P. Morgan, he was an Executive Director, Head of Institutional Surveillance where his responsibilities included the strategic development, implementation, and maintenance of all surveillance processes and procedures for all Institutional lines of business. Before joining J.P. Morgan Securities, he worked for Credit Suisse First Boston from 2001 to During his tenure with Credit Suisse, Sean held positions in Compliance in both Line of Business Advisory for Equities and Prime Brokerage, as well as Equity Trade Surveillance. Sean started his financial services career with the Financial Industry Regulatory Authority ( FINRA formerly NASD ) in 1996 and spent 4+ years in both the Enforcement and Market Regulation Divisions where he served as an Investigator, a trading Analyst, and an Examiner. Sean holds a Bachelor of Science in Public Administration from George Mason University in Virginia. He holds FINRA licenses Series 7, 24, and 55. And he also served on the FINRA Series 24 Committee from 2010 to Louis Dempsey, CRCP, CSCP, CAMS Renaissance Regulatory Services, Inc. Louis Dempsey is the founder and President of Renaissance Regulatory Services, Inc., a full service-consulting firm that offers a wide range of regulatory compliance consulting services to broker-dealers and registered investment advisers. Louis has over 25 years of public/private sector regulatory compliance and operations experience, which includes a unique combination of experience in advising and examining broker-dealers, investment advisers and bank holding companies relative to federal, state, and self-regulatory rules and regulations. He previously served as a Branch Chief, with the Securities and Exchange Commission and a Financial Specialist with the State of Florida Division of Securities and Investor Protection. 6

7 Scott Douglass UBS Scott Douglass is the Head of Client Related Conduct Surveillance at UBS where he leads the Compliance Surveillance program for Cross Border, Conflicts of Interest and Suitability across UBS Asset Management, Wealth Management, and Investment Bank. Previously, Scott led the Global Wealth and Investment Management Surveillance program at Bank of America Merrill Lynch from 2010 to He joined Merrill Lynch in 2008 amid the financial crisis to rebuild their derivatives surveillance program and subsequently held a succession of other roles. Before that, Scott spent three years in various compliance roles for several NYSE member firms and a decade working for a specialist firm on the floor of the New York Stock Exchange. Scott is a graduate of Purdue University and holds FINRA licenses Series 3, 4, 7, 14, and 24. Ken Fasone Ken Fasone is the Executive Vice President and head of the Business Risk Management department in Compliance, Legal, and Risk (CLR) at. He is responsible for the Supervision (Home Office Supervision and Office of Supervisory Jurisdiction Oversight), Central Supervisory Unit, Advisor Review, and Product Risk Management functions. Ken's responsibilities include the day-to-day supervisory and oversight functions, as well as developing a long-term strategic plan to enhance the oversight and supervisory control processes and reporting functions for GRC. Ken has more than 30 years of experience in the financial services industry including branch supervision, compliance surveillance & technology, and business risk management. His most recent position was as an Executive Director in Morgan Stanley s Wealth Management Information Security Risk and Control group, where he was responsible for executing MS Wealth Management s Information Security Risk and Business Continuity programs. In earlier roles, Ken served as a senior Compliance officer responsible for the development and execution of various technology platforms including supervision, surveillance, , and social media. He began his career as a supervisor in a large full-service retail branch office. Ken earned his Bachelor of Science degree in Business Management from the State University of New York at Binghamton and has been a financial service professional for his entire career. Charlie George Wells Fargo Charlie George is a Senior Vice President and Group Financial Crimes Manager in Wells Fargo s Wealth & Investment (WIM) division, which encompasses Wells Fargo s retail brokerage, private banking, institutional retirement, trust, and asset management lines of business. He joined Wells Fargo in 2013 as the Chief AML Officer for Wells Fargo Advisors, and has almost 2 decades of executive management, regulatory compliance, bank examination and financial crimes mitigation experience. In his current role Charlie is responsible for the development, coordination and administration of all Bank Secrecy Act (BSA), USA PATRIOT Act (USAPA), Economic Trade Sanctions (ETS), and Anti-Bribery & Corruption (ABC) compliance programs for WIM lines of business. Before joining Wells Fargo, Charlie served as the Co-Leader of Deloitte Financial Advisory Service s global AML and ETS Mobile Payments practice where he helped to deliver tactical and strategic, executivelevel financial crimes service offerings to large domestic and international bank and non-bank financial 7

8 institutions. Prior to Deloitte Charlie worked for Capital One Financial and served as the company s Deputy BSA Officer, and the Chief AML Officer for the company s Canadian subsidiary. Charlie s prior experience also includes serving as the Chief AML Compliance Officer for an Investment Company subsidiary of Raymond James Financial, and as an Associate National Bank Examiner with the U.S. Treasury Department s Office of the Comptroller of the Currency (OCC). Charlie has an MBA in Advanced Financial Management from the University of South Florida and has attained the Anti-Money Laundering Specialist (CAMS) and Regulatory Compliance Manager (CRCM) certifications. He is a member of the Securities Industry and Financial Markets Association s (SIFMA) AML & Financial Crimes Committee. Susan George Bressler Amery Ross, P.C. Susan George is a senior associate in the firm's Securities Litigation and Regulation practice group, focusing on regulatory defense and securities arbitration. Susan specializes in the representation of registered representatives, broker-dealers, and other financial firms in customer arbitrations, expungement proceedings, regulatory inquiries and enforcement actions before FINRA, and internal investigations. Susan is a member of Bressler's Senior Issues: Counseling and Litigation Defense group. The lawyers in this group have a shared interest in providing counsel to corporate clients who confront issues affecting seniors. In addition to her securities practice, Susan's pro bono work includes advocating on behalf of military veterans and their families. Susan received her JD from Brooklyn Law School. Elizabeth Gibson E*Trade Elizabeth Gibson has been the Social Media Monitor in the Advertising Review department at E*TRADE for over four years. She is responsible for overseeing the compliance aspects of the social media programs at use for marketing and branding, social servicing, retail sales, recruiting, and corporate communications. Her career path has allowed her to see financial services marketing and advertising from multiple perspectives- as a Financial Advisor, Marketing Coordinator, Communications Manager, and in compliance roles. She completed her undergraduate degree at the University of Glasgow, and holds her series 3, 4, 7, 24, and 66. Tara Gilchrist Emily Gordy McGuireWoods LLP Emily P. Gordy is a partner at the law firm of McGuireWoods LLP, which she joined in December Emily counsels broker-dealer and investment advisor clients. Prior to joining McGuireWoods, Emily served as Deputy General Counsel, Executive Vice President for one of the largest retail investment advisory firm and independent broker/dealers. She headed the Regulatory Investigations, Examinations, and Counseling functions. She also worked as a Financial Industry Regulator, having served as a Senior Vice President with responsibilities for various functions within the Enforcement Division of Financial Industry Regulatory 8

9 Authority, Inc. (FINRA). Additionally, she was Policy Director in the Member Regulation Department of the National Association of Securities Dealers (NASD), as well as Deputy Chief Counsel of the Division of Enforcement at the Securities and Exchange Commission. Emily received her JD from Washington College of Law, American University, and her BA degree from Gettysburg College. Louis Greenstein McGuireWoods LLP Louis Greenstein concentrates his practice in the area of government investigations, with an emphasis on securities enforcement and compliance. He represents public companies, public accounting firms, brokerdealers, private equity firms, hedge funds, investment advisers and their officers, directors and employees in investigations by the U.S. Securities and Exchange Commission, the U.S. Department of Justice, other federal and state agencies, and FINRA. Louis has experience with complex representations involving parallel civil and criminal investigations and conducting internal investigations on behalf of U.S. and international public companies, boards of directors, and audit committees. He regularly counsels his clients on responding to inspections by the SEC's Office of Compliance Inspections and Examinations, as well as on regulatory compliance, corporate governance and disclosure issues, including strategies for avoiding potential regulatory issues through preventive and remedial measures. Prior to entering private practice, Louis worked in the SEC's Enforcement Division, where he conducted investigations to evaluate and enforce compliance with the federal securities laws. He also participated in the prosecution of civil and administrative enforcement actions. Louis received his JD from Benjamin N. Cardozo School of Law, Yeshiva University, and his BS from Syracuse. John Han Moore & Van Allen PLLC John Han is an attorney at Moore & Van Allen, focusing on regulatory advice, counseling and defense for broker-dealers and investment advisers. Immediately prior to joining his current firm, John served as in-house counsel at, a registered investment adviser and one of the largest broker-dealers in the country. Prior to that, he spent a decade as an enforcement attorney at the Financial Industry Regulatory Authority. John began his career as a criminal prosecutor at the New York County District Attorney s Office. Phil Heidkamp Wells Fargo Phil Heidkamp is a Director in the Compliance Department at Wells Fargo. He works in the Wholesale Control Group the team tasked with administering the information barrier program for the commercial and investment bank. Phil has worked in Compliance at large and small banks, foreign and domestic, including Societe General, FBR, Paine Webber, and Smith Barney. His undergraduate degree is from Rutgers and his JD is from Catholic University. David (DJ) Johnson Charles Schwab & Co., Inc. 9

10 David Johnson is the Vice President responsible for the AML & Global Sanctions Programs for Charles Schwab & Co., Inc. David serves as the AML Officer for the broker-dealer and leads the teams which execute firm-wide domestic and international AML efforts, OFAC/global sanctions compliance, and quality assurance. Before joining Schwab in 2017, David spent over 25 years with the FBI. Most recently he was a senior executive with the FBI s Criminal, Cyber, Response, and Services Branch in Washington, D.C., where he led the divisions responsible for all FBI criminal and cyber investigations worldwide, international operations, critical incident response and victim assistance. Prior to that assignment, David was the Special Agent in Charge of both the FBI San Francisco and FBI Salt Lake City Field Offices. David has extensive experience supervising and investigating a variety of matters to include financial, cybercrime as well as organized crime. Prior to the FBI, David spent one year as an attorney specializing in insurance defense and bankruptcy matters. Kimberly Johnson Kimberly Johnson is Vice President of Marketing Regulatory Review at. In this role, she is responsible for the oversight of all communications to the public disseminated by LPL or their advisors to ensure compliance with FINRA Rule 2210, applicable regulatory and state requirements and LPL policies. This includes retail and institutional communications, advisor use only content, corporate communications, research materials, social media and information prepared for advisor use with their clients and/or prospects. Ms. Johnson has accumulated more than 17 years of industry experience and has held various compliance roles in a similar capacity at MetLife, MassMutual, and TradeKing. She graduated from the University of Connecticut at Storrs with a BA in communications and holds FINRA series 4, 7, 24, and 63 licenses. David Jonson Wyrick Robbins Yates & Ponton LLP David is a partner with Wyrick Robbins Yates & Ponton LLP in Raleigh, North Carolina, where he leads the firm s Securities Industry Defense Group in representing financial institutions, broker-dealers, investment advisors, and individuals in defending against SEC, FINRA, and state investigations and enforcement actions. David also defends clients in federal and state litigation and FINRA arbitration of customer and employment disputes. He is a member of the ABA Business Law Section and Committee on State Regulation of Securities and is a frequent speaker on securities law issues that affect the industry. David graduated from Washington & Lee University, was a registered representative of a large broker-dealer, and then earned his JD from the University of South Carolina. David served as Deputy Attorney General and Securities Administrator for the State of South Carolina from , where he advised the Attorney General on securities law issues and policies, and directed all legal, investigative, enforcement, and regulatory activities of the South Carolina Securities Commission. David was twice elected by his fellow securities commissioners to the NASAA Board of Directors and served on the board of the Investor Protection Trust. Charis Jones Charis Jones is the Senior Vice President and Head of Home Office Supervision (HOS) for Business Risk Management. She is responsible for overseeing the Home Office Supervision department, which serves as 10

11 front line supervision for approximately 4500 HOS advisors and 1300 OSJ Branch Managers across the independent and institutional channels. She is responsible for all aspects of supervision including heightened supervision and the advisors business conduct reviews. Previously, Charis was the Deputy Chief Compliance Officer for Advisory Compliance and oversaw the Corporate Advisory Product and Platform Compliance team, Hybrid Compliance Oversight team, Financial Planning, and Private Trust Company Compliance. Prior to joining LPL, Charis was the Deputy Chief Compliance Officer of the Registered Investment Adviser MSSB at Morgan Stanley. There, she managed the investment advisory surveillance program and a team that performed essential compliance functions for the advisory programs and services. Additionally, she was a member of various committees, including the Product Review Committee for Separately Managed Accounts, Proxy Voting Committee, and the Risk Committee for the Discretionary Management Program. Prior to Morgan Stanley, she was an Administrative Principal in the Office of Supervisory Jurisdiction for the Law Firm Group and High Net Worth Organizations within Citigroup Private Bank. Charis began her career over 20 years ago as an Account Executive for Chatfield Dean and Associates after earning her Bachelor of Arts in Political Science and a Correlate in Russian Studies from Vassar College. Mike Lamberth KPMG Mike Lamberth is one of the National Leaders of KPMG s Regulatory Risk Practice, specializing in advising financial institutions on their regulatory and compliance risk obligations. He supports the firm s enterprisewide compliance, program assessment and transformation services for the financial services industry, including regulatory change, risk and control build and testing, risk governance, monitoring and reporting, and third-party management oversight and controls. Mike has substantial experience leading and coordinating regulatory and advisory engagements across an array of financial service providers in areas such as supervisory and enforcement actions, examinations, and investigations. Mike holds JD and MBA degrees from Georgia State University, as well as a cum laude BBA degree in accounting from Georgia Southern University. He holds active certifications as a CRCM, CAMS, CIPP, CPA, and is an active member of the Virginia Bar. In 2016, Mike was awarded the prestigious honor of being chosen as one of the Top 12 Global Thought Leaders in Ethics and Compliance by Compliance Week publications. Samantha Leventhal Bank of America Samantha J. Leventhal is the Global Wealth and Investment Management Risk Executive serving as the Chief Risk Officer for US Wealth Management and Merrill EDGE. In this role, Samantha is responsible for looking across the seven risk types that define our risk management program and evaluate the impact of those risks on our retail broker-dealer activities. Prior to this role, Samantha was the Global Wealth and Investment Management Compliance Executive responsible for compliance oversight of the Investment Solutions Group and the Retirement and Personal Wealth Solutions Group. Samantha joined Merrill Lynch & Co. Inc. in May 2002 as a member of the Office of General Counsel in the Global Monetary and Financial Control Group. This group was responsible for developing and implementing the company s anti-money laundering program. In 2008, as part of the transition work between Bank of America and Merrill Lynch, Samantha assumed responsibility for the Enterprise Client Coverage Team which was responsible for building a client referral program between the newly combined Bank and broker-dealer. In 2012, Samantha joined GWIM Compliance and served as the GWIM Compliance Chief Operating Officer coordinating strategic business initiatives across 11

12 the GWIM businesses. In 2017, Samantha assumed her current role. Prior to joining Merrill Lynch, Samantha was a white-collar criminal defense attorney representing corporations and individuals in critical business investigations. Samantha graduated from the University of Pennsylvania and attended Benjamin N. Cardozo School of Law. Kurt Lofgren Kurt Lofgren is currently a Senior Vice President at where he serves as the Chief Compliance Officer for LPL s investment adviser. Kurt s responsibilities include oversight of advisory policies, products, accounts, testing, regulatory findings, and all other investment adviser programs, as well as LPL s independent investment adviser channel. Previously, Kurt was Senior Vice President and Chief Compliance Officer for Ameriprise Financial Services, Inc. In that capacity, Kurt was responsible for the implementation and management of the Regulatory Compliance program for Ameriprise Financial, including oversight for insurance and annuities, the retail distribution channel, advisory activities, clearing, and brokerage operations. Specific areas of focus included establishing effective and efficient corporate and field policies, sales practice oversight, investigations, surveillance, new product development, retirement services, field education, training, anti-money laundering, fraud prevention, partnering with business areas on risk reduction, regulatory interaction, and industry advocacy. Kurt graduated from Loyola University School of Law in Chicago, and worked in Enforcement for the Securities Exchange Commission for several years before becoming Corporate Counsel for Olde Financial. Kurt then moved to Northwestern Mutual in Milwaukee, Wisconsin, serving as Assistant General Counsel, helping the firm to develop their securities distribution system. John Malitzis Citadel John Malitzis is Chief Surveillance Officer and Deputy General Counsel for Citadel. John is responsible for the firm s trade surveillance and electronic communications surveillance program, and also provides counsel on regulatory and market structure issues. Prior to joining Citadel, John served as Executive Vice President of FINRA s Market Regulation Department, where he oversaw the Trading and Financial Compliance Trading Examination Team. In this role, he also shared responsibility for FINRA s cross-market manipulation surveillance program, as well as the trade surveillance program covering the NYSE equity floor markets. Prior to joining FINRA, John served as Executive Vice President and Chief of Market Surveillance for NYSE Regulation, where he monitored for compliance the NYSE, SEC rules, manipulation and insider trading. Prior to that, he was an Associate General Counsel at Citigroup Global Markets, Inc. For nearly nine years, John was employed by the Nasdaq Stock Market Exchange/NASD, where he focused on market structure policy, trading rules and trading-system design. Earlier in his career, John served as a trial attorney for the Commodities Futures Trading Commission (CFTC) and taught at Catholic University of America s Columbus School of Law. John received a law degree from Boston College Law School. Shayna Marshall 12

13 Shayna Marshall is a Vice President in the Business Risk Management department at. Beginning her career in the securities industry as a financial advisor, Shayna has over 15 years of experience in the securities industry and 20 years of experience in the financial services sector. In her current role, Shayna is responsible for identifying, reporting, and/or resolving key supervisory issues and risks. Prior to working at LPL Financial, Shayna was the Chief Compliance Officer of a mid-sized broker/dealer and registered investment adviser where she maintained responsibility for the overall compliance program of the firm. Shayna is active with industry trade associations and enjoys providing perspective on the impact of new federal, state, and SRO agency rule proposals and changes on independent broker/dealers. She has a Bachelor of Business Administration in Finance and holds the series 4, 7, 24, 53, 66, and Georgia life, accident and sickness, and property and casualty insurance licenses. John McDermott UBS John McDermott is an accomplished Senior Executive and Advisor with more than 45 years of success in the brokerage, wealth management, banking, asset management, private banking, capital markets, and investment banking industries. Leveraging extensive experience in global legal, compliance, audit, and risk management positions, John works with large companies which are heavily regulated, including: the pharmaceutical, airline, nuclear, mining, oil and petroleum, and financial services industries. John has expertise in compliance, risk management, and internal audit functions. He navigates regulatory problems and has experience in dealing with governance issues for public company boards and risk and audit committees. Most recently, John has been Group Managing Director, Strategic Regulatory Advisor for executive management at UBS in the Compliance & Operational Risk Control (C&ORC) function. In this role, and in a number of his previous roles, John has been responsible for managing risk and compliance with respect to the bank's primary regulators in the major markets around the world. He has reviewed primary regulatory interactions for global financial services industry firms in the U.S., the U.K., Switzerland, Japan, Hong Kong, and Singapore. This includes analyzing regulatory remediation portfolios to identify common themes and to eliminate predictable surprises arising from one jurisdiction to the next. It also requires familiarity with current and upcoming regulatory exams to ensure appropriate preparation and senior management accountability and to reduce potential exam findings. John has also served for four years as the head of C&ORC for the Americas region and for the bank's wealth management division in the Americas region. Prior to joining UBS, John served as Chief Risk Officer at for four years. He began his career at Merrill Lynch, where he worked for 36 years, holding a variety of senior management positions, including Global Head of Corporate Audit; Global Head of Compliance; General Counsel for Europe and the Middle East; and General Counsel for Japan. John and holds his JD from Rutgers University and graduated from Wesleyan University with a BA. John has previously served as a Member of the FINRA Compliance Advisory Group, the SIFMA Compliance and Regulatory Policy Committee, and the FSI Compliance Council. John also holds Series 7, 24, and 14 Regulatory Certifications. Valecia M. McDowell Moore & Van Allen, PLLC Valecia McDowell is co-head of Moore & Van Allen PLLC s White Collar, Regulatory Defense and Investigations practice comprised of approximately 30 lawyers and based in Charlotte, North Carolina. Valecia has extensive experience conducting internal investigations for publicly traded, privately-held and non-profit institutions in 13

14 North America, South America, Europe and Asia. Valecia also possesses significant trial and arbitration experience in complex, high-stakes cases, particularly in the financial services, securities, manufacturing, and health care industries. Valecia received both her BA and JD from Duke University, and recently taught a course at Duke University School of Law on Internal Investigations. Lauren Mogensen Bank of America Lauren Mogensen is the Global Compliance and Operational Risk executive for Bank of America. She is responsible for overseeing the strategy and governance for the company s Compliance and Operational Risk programs. She is responsible for the enterprise wide Compliance and Operational Risk program and related policies, standards, and program execution. Her responsibilities also include maintaining relationships with key regulators and supervisory institutions worldwide, the company s senior leadership team, key governance committees and the board of directors to sustain a culture of managing risk well and a best-in-class control environment to support the company s responsible growth strategy. An experienced attorney and executive with a background in both risk and compliance, she has been with Bank of America more than a decade. Prior to being named Global Compliance executive in 2013, Lauren was with the Legal Department since October She was the company s Corporate Secretary and has also been the Deputy General Counsel and Legal executive for several areas including Global Human Resources, Global Marketing and Corporate Affairs, Chief Financial Officer Group, and Corporate Strategy and Development. Previous to that, she was Legal executive for Global Commercial Banking and Global Technology and Operations. Lauren also served for 10 months as the Chief Risk and Compliance Officer for Global Wealth and Investment Management (GWIM). From late August 2008 to January 2009, Lauren served as Chief Financial Officer of GWIM. For the approximately two years previous to that, Lauren was the Compliance & Risk Management executive for GWIM. From , Lauren served as Deputy General Counsel for GWIM. Lauren joined FleetBoston Financial in 2001 as Managing Director, Mergers & Acquisitions. In 2003, she was named Deputy General Counsel. Prior to joining FleetBoston, Lauren advanced from associate to partner, member of the executive committee and co-head of the 120-person corporate department based in the Boston, MA, and Providence, RI, offices of the law firm Edwards & Angell, LLP (now Edwards Wildman Palmer LLP). Her principal areas of practice were general corporate, securities, and mergers and acquisitions. Lauren received a JD with honors from George Washington University Law School in Washington, DC, and her BA in Government with distinction from Colby College in Waterville, ME. Colleen Montano Bank of America Colleen Montaño is the Compliance & Operational Risk Executive responsible for oversight related to Consumer Operations as well as Call Centers, Complaints, Collections, and Retail Payments on an end-to-end basis, from underwriting, service operations, and design through operational fulfillment. Prior to joining Compliance, Colleen was in Retail Strategy supporting the Performance Management efforts in Consumer Products and before that was a Business Support Executive in the Financial Center Channel supporting Sales Performance. Colleen joined Bank of America in 1998 as a small business sales associate. She later joined the Preferred & Small Business organization, serving in various sales process roles before becoming the Student Lending Sales Executive and Student Banking Segment Lead. Colleen is a graduate of the University of North Carolina Charlotte. 14

15 Brian Moran Sterling Capital Management LLC Brian joined Sterling Capital Management LLC in 2014 as an Executive Director and Chief Compliance Officer for Sterling Capital Management LLC and Sterling Capital Funds. He is also a Senior Vice President for BB&T. He has investment experience since 1983 and he brings over 32 years of experience with the vast majority of which has been in regulatory and compliance related functions. Prior to joining Sterling, he worked with TIAA- CREF where he was Chief Compliance Officer and Director for the Institutional Client Services and Asset Management Organization. Selected prior experience includes Wachovia, Northwestern Mutual, AIG, the United States Securities and Exchange Commission, the US Commodity Futures Trading Commission, Deloitte, and the New York Stock Exchange, Inc. Brian is a graduate of Fordham University where he received his BS in Public Accounting. He is a graduate of the FINRA Institute-Wharton Certificate Program. Brian brings an extensive track record of constructing and managing comprehensive compliance operations that enable diverse companies to efficiently navigate through a highly regulated, extremely competitive institutional, asset management, trust, and wealth management marketplace providing in-depth knowledge to address law and compliance issues with special expertise in the Investment Adviser and Investment Companies Acts of 1940; Securities Act of 1933; Securities Exchange Act of 1934; and Trust Indenture Act of Luciano (Lou) Moschetta Wells Fargo Advisors LLC Lou Moschetta is a Senior Vice President and Deputy Director of Retail Compliance for Wells Fargo Advisors LLC. His responsibilities include the management of the branch office examination program for the firm s retail brokerage businesses, supervising 70 compliance professionals who conduct over 2,000 branch office compliance exams annually. In addition, he supervises a team of surveillance analysts responsible for monitoring client and employee trading for potential insider trading. Prior to joining the firm, Lou was Director of Compliance Advisory Services for the Global Private Client business unit at Merrill Lynch, where his responsibilities included management of the regional compliance advisory program, retail surveillance, AML surveillance, and the development of compliance and supervisory systems. Prior to joining Merrill Lynch, he was chief compliance officer for three affiliated broker-dealers which were subsidiaries of Fleet Boston Corporation (now Bank of America): Quick & Reilly, Inc., Suretrade, Inc., and Fleet Securities, Inc., and served as Financial Controller for Gabelli & Company and as Vice President of Compliance for Charles Schwab & Co. Lou began his career in the securities industry as a Broker-Dealer Examiner with the U.S. Securities and Exchange Commission in New York. He is a frequent conference speaker on brokerage compliance issues. He received BS and MBA degrees from Fordham University. Lou has the following securities license qualifications: Series 7, 4, 8, 63 and 14. Paul O Brien Wells Fargo Paul O Brien manages the Financial Crimes Program Management Team and serves as the Anti-Bribery & Corruption Officer and Fraud Governance Manager for the Wealth & Investment Management Group at Wells Fargo. Prior to joining Wells Fargo, Paul served as the Global Head of Enhanced Due Diligence (EDD) at the 15