Michael C. Drago Email & Phone Number

• Monitored information barriers (Chinese Walls) and track flow of material, nonpublic information.
• Conducted surveillance of all North and South America employee trading for insider trading violations and trading ahead of research announcements.
• Evaluated, implemented and provided advice with respect to the firm's global information barrier policy including trading restrictions, clearance of employee trading requests and Chinese Wall crossings.
• Partnered with equities trading desk compliance to formulate, develop and implement supervisory and surveillance procedures for employee, proprietary, customer and affiliate trading accounts.
• Follow-up and seek resolution of issues identified through supervisory and surveillance processes.

• Assessed, mitigated, advised and reported on compliance risk concerning individuals and institutional accounts trading options.
• Primary driver behind incorporation of firm and industry standards into the automated account opening process and retail branch supervisory system.
• Liaison between regulators and firm, working closely to address violations, communicate progress on outstanding inquiries and file daily regulatory reports.
• Identified industry initiatives, policy matters and regulatory developments on a daily basis and disseminated information to appropriate trading, compliance, operations and technology departments.
• Oversight of branch office management's approval of client accounts.
• Developed systems which enabled compliance to monitor firm and client account option positions.

• Primary liaison between technology and frontline compliance for development of all new or enhanced systems used by the control room for surveillance and monitoring of information barriers and employee trading.
• Determined that development of an employee trade approval system by outside vendor be halted due to development difficulties and cost projections.
• Identified and advised on potential technological gaps and faulty workflows in surveillance systems.
• Drafted business requirements for new or enhanced systems, project managed development of systems and performed UAT (User Acceptance Testing).

• Supported five attorneys representing broker-dealer in all matters involving Federal and State regulatory authorities and industry self-regulatory organizations.
• Managed case flow for high-profile matters including Federal money laundering investigation, insider trading, falsified statements and the Global Settlement involving Equity Research Analysts.
• Fully prepared and executed response to US state follow-up of U-5 filings, bluesheet requests, Rule 97 inquiries and restitution payments.
• Drafted and processed amendments to Form BD and NYSE RE-3 filings.
• Monitored and tracked cases as well as provided metrics on matters handled by the group.
• Maintained disciplinary history for the firm.

• Provided trial support for 10 attorneys engaged in product liability and personal injury litigation involving Fortune's Global 500 corporations.
• Drafted answers, demands, interrogatories, subpoenas, responses, notices, motions, affidavits, releases, stipulations.
• Reviewed and summarized medical and technical documents. Conducted research and background checks.
• Served as firm representative at client meetings, court proceedings, document productions and site inspections.

Ba, Political Science

Activities and Societies: Harpur College Dean's List, 1992 Marketing and Public Relations Intern, Tri-Cities Opera Company

Certificate, Not-For-Profit Accounting And Governmental Reporting

Certificate, Paralegal

Activities and Societies: Graduate with Honors ABA-approved program comprised of over 300 hours of general practice coursework in the.