Thomas Duffy Email & Phone Number

Provide strategic guidance on compliance and regulatory requirements for EFRPs, block trades, on-boarding clients, trading standards, position limits, electronic trading access, margin requirements, money movements, hedge exemptions, errors and position transfers. Mannage regulatory examinations and inquiries from futures regulators, including the CFTC, CME, and NFA.

Greater Chicago Area

Provided strategic guidance on compliance and regulatory requirements for EFRPs, block trades, on-boarding clients, trading standards, position limits, electronic trading access, margin requirements, money movements, hedge exemptions, errors and position transfers. Reviewed and approved all customer accounts, introducing broker agreements, promotional material, give-up agreements, and seat leases. Managed all regulatory examinations and inquiries from futures regulators, including the CFTC, CME, and NFA.• Achieved zero material regulatory issues during 11 years of audits by developing the Compliance Manual for a startup Futures Commission Merchant (FCM) and implementing all compliance related programs.• Played a key role in the preparation of the annual Chief Compliance Officer report, and RBCCM’s annual disclosure document.• Utilized numerous industry tools and software, including the NASDAQ SMARTS Broker System, to perform market surveillance.• Led training classes for employees engaged in futures trading, highlighting topics that included regulatory responsibilities, market conduct, block trades, and EERPs. • Supported futures growth to $40M by consistently meeting the immediate and long-range needs of the futures business.• Ensured the swift implementation of the new CFTC customer protection rules by partnering with Operations, IT, Legal, Accounting and the Business.

Greater Chicago Area

Oversaw the end-to-end planning, development, and implementation of all compliance related programs, including developing and rolling out GNI Inc.’s Anti-Money Laundering procedures.• Took the lead in reviewing trading activity of certain accounts to monitor for unusual activity, including reviewing and approving all customer deposits and withdrawals to determine the legitimacy of the transaction.• Led in-depth research and responded to both customer complaints and regulatory inquiries.

Greater Chicago Area

Led a 15-member team performing audits, financial analysis, and investigations of firms in the futures industry. Provided NFA members with assistance in understanding their regulatory responsibilities. Promoted to numerous roles of increasing responsibility and scope.• Project Leader on numerous fraud cases where extensive financial analysis was conducted for Federal and State agencies resulting in the criminal conviction of firm Principals.• Primary witness for the FBI and Commodity Futures Trading Commission for high-profile cases that involved the misappropriation of customer funds.• Instrumental in developing NFA policies and procedures, including implementing and evaluating audit programs.

Greater Chicago Area

Greater Chicago Area

Master Of Business Administration (M.B.A.)

Bachelor Of Business Administration (B.B.A.)