Regulatory Compliance Professional
Prior to joining Compliance Risk Concepts, Mel was employed as a Principal Examiner at FINRA for more than twenty one years. Mel ran the New York District’s Front End Unit, and in that capacity, triaged matters received by the district, such as customer complaints, terminations for cause, regulatory tips, arbitrations, litigations, Form U4 filings, 4530 disclosures, and deferrals from other SROs, member firms, other districts, and other departments. Additionally, he also conducted cause examinations and branch examinations. Mel also, for many years, served as Examiner of the Day, and as the point person, answered inquiries from internal constituents, and external constituents, such as member firms and SRO’s. Mel was also the point person, for cause matters, and served as a liaison to state and federal agencies, and SRO’s.
Prior to running the Front End, Mel also conducted sales practice examinations, and branch examinations of member firms.
During his tenure, Mel received the Chairman’s Award for Excellence for a major process improvement. Additionally, Mel received the Outstanding Achievement Team Award involving a novel case, which resulted in restitution to more than 1500 affected customers. Mel’s focus has always been to help firm’s achieve compliance.
Prior to joining NASD/FINRA, Mel was employed with Fleet Brokerage’s compliance department. He responded to customer, and regulatory inquiries, served as a liaison to SRO’s conducting on-site examinations of the firm, and conducted internal audits of all of the firm’s departments.
Mel attended Pace University and Baruch College.