Scott Brown Email & Phone Number

New York, Ny, Us

1330 Avenue Of The Americas, New York, Ny 10019

As a licensed Financial and Operations Principal ("FINOP"), responsibilities include review of broker dealer books, records and financial statements prior to periodic submission to regulators. This position also involves audits of clients’ written supervisory procedures and anti-money laundering policies for compliance with FINRA, SEC and BSA related rules. Finally, job functions at CRC include registration related matters such as routine processing of Forms U4 and U5 (initial filings and amendments) and monitoring of registered representatives’ continuing education requirements.

200 Liberty Street, New York, Ny 10281

Chosen in a competitive selection process to serve as Regulatory Specialist for Options and Futures for the FINRA New York Office.Frequently consulted by colleagues and superiors from New York and other district offices on options and futures related matters. Developed and taught course on options and futures for new examiners.Leveraged derivatives expertise in order to detect deficiencies usually missed by others. Applied the risk based sales practice and financial examination program to FINRA members in a manner that met high productivity requirements under tight deadlines.Built collaborative relationships with heads of business units that enabled smooth audits.Performed gap analysis on firms’ supervisory control systems; identified risks, ensured effectiveness.Evaluated material adequacy of member firms’ policies and procedures surrounding investment products, risk governance structures, and technology.Recommended enhancements to firm-wide middle and back office operational systems to ensure that they are properly reconciled and conformed to the Exchange Act provisions and FINRA rules.Ensured soundness of low, medium and high-risk firms by conducting routine and special audits to ascertain net capital and customer reserve formula compliance with SEC and FINRA rules.Tested firms’ internal control systems, ensuring proper daily computation of net capital requirements and weekly/monthly reserve computation.Led meetings with corporate officers, senior business managers and other personnel from member firms regarding review areas, exception items, and potential corrective measures.

61 Broadway, New York, Ny 10006

Conducted onsite inspections of member firms in order to administer and enforce Exchange Rules and Regulations concerning sales practice operations.Led teams of junior level examiners in inspections of larger, more complex firms.Executed financial reviews of member firms based in New York City.Evaluated option related customer complaints for indications of apparent rule violations.

Two World Trade Center, New York, Ny 10048

This position included performing pre-membership reviews in addition to conducting routine financial and sales practice audits of large and small member firms. Moreover, each examiner was responsible for periodic review of a number of FOCUS Filings.