The Financial Industry Regulatory Authority Inc. said Friday that its board of governors had elected current Finra public governor Eric Noll as its next chair.
Noll succeeds Eileen Murray, whose term concluded Friday at the annual meeting of Finra firms. The CEO of Context Capital Partners, Noll first joined the Finra board in August 2020, and has since served on a variety of its committees.
Prior to joining Bala Cynwyd, Pennsylvania-based Content Capital in 2019, Noll served as president and CEO of ConvergEx Group and as executive vice president of transaction services at Nasdaq OMX Inc.
Finra is overseen by a 21-member board of governors, the majority of whom are public members, meaning from outside the securities industry.
Finra also announced several other appointments to its board on Friday.
Linde Murphy was reelected for a second three-year term as a small-firm governor. She is president and chief compliance officer of M.E. Allison & Co. Inc. and first joined the board in 2019.
The Finra board also said it had recently appointed two new public governors: Moira Kilcoyne, founder of MAK Management Consulting, who began on July 1; and Fabiola Arredondo, founder and managing partner of Siempre Holdings, who will join the board at the start of next year.
Meanwhile, Camille Busette, senior fellow in governance studies at the Brookings Institution, and Ethiopis Tafara, vice president and chief risk, legal and administrative officer at the Multilateral Investment Guarantee Agency of the World Bank Group, were reappointed as public governors.
A Texas-based bank selects Raymond James for a $605 million program, while an OSJ with Osaic lures a storied institution in Ohio from LPL.
The Treasury Secretary's suggestion that Trump Savings Accounts could be used as a "backdoor" drew sharp criticisms from AARP and Democratic lawmakers.
Changes in legislation or additional laws historically have created opportunities for the alternative investment marketplace to expand.
Wealth managers highlight strategies for clients trying to retire before 65 without running out of money.
Shares of the online brokerage jumped as it reported a surge in trading, counting crypto transactions, though analysts remained largely unmoved.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.