Richard Ketchum Joins MarketAxess Board of Directors Richard G. Ketchum, a Nasdaq and SEC veteran and former chairman and CEO of the Financial Industry Regulatory Authority (FINRA), will be serving on the board of directors of MarketAxess Holdings Inc., as of April 1, 2017, officials say. In his career, Ketchum has served in many senior… Read More >>
FINRA Readies New Executive Line-Up
The Financial Industry Regulatory Authority (FINRA) will have a new chairman when John J. “Jack” Brennan, Vanguard Group chairman emeritus and senior advisor, takes over later this month, following the news that Robert W. Cook will become FINRA’s new CEO and president. Brennan and Cook are expected to assume their new posts by August 15,… Read More >>
SEC Pushing for Consolidated Audit Trail
The SEC voted late last month to move ahead with the final phase of the consolidated audit trail (CAT) project, part of a proposed national market system (NMS) plan to “create a single, comprehensive database that would enable regulators to efficiently track all trading activity in the U.S. equity and options market,” officials say. The… Read More >>
Former PIMCO Investment Exec Launches Consultancy
Maisonneuve Founds Financial Consulting Firm Virginie Maisonneuve, a former chief investment officer for equities at PIMCO, as the Pacific Investment Management Company is known, has founded Maisonneuve Global Advisors (MGA), where she is managing director. Maisonneuve is also a director at London-based Notting Hill Digital, which specializes in advising companies about Internet technologies, and is… Read More >>
An Ernst &Young Exec Director Moves to eClerx as FINRA Hires Citi’s co-CIO
Former E&Y Exec Director Alan Paris Joins eClerx Business process outsourcing (BPO) vendor eClerx has appointed Alan Paris as principal for its New York office, a newly-created role, officials say. Paris will manage financial services accounts and act as global consulting lead. He will also work with the eClerx global client relationship and service delivery… Read More >>
Schapiro’s Replacement
Several media outlets have been reporting extensively on the horse race for Mary L. Schapiro’s replacement as the SEC chairman prepares to leave her post on Dec. 14. My hope is that the horse race yields someone strong enough to withstand rough waters as regulatory reform is far from over and there are bitter battles… Read More >>
