Finra vice chairman Stephen Luparello will be leaving next month to join the WilmerHale law firm in Washington, the regulator said.
Mr. Luparello, a 16-year veteran of the Financial Industry Regulatory Authority Inc., and its predecessor, NASD, holds the No. 2 spot at the organization, behind chief executive Richard G. Ketchum.
Mr. Luparello oversees Finra's regulatory operations, including enforcement, market regulation and member oversight.
In 2009, he served as Finra's interim chief executive after former CEO Mary Schapiro left to head the Securities and Exchange Commission.
Mr. Luparello's last day at Finra will be Oct. 7.
Finra spokeswoman Nancy Condon said she didn't know whether the vice chairman position will be filled after Mr. Luparello departs.
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