Thomas Gira, head of Finra market regulation, dead at 58

Thomas Gira, head of Finra market regulation, dead at 58
The executive had worked at the Financial Industry Regulatory Authority Inc. for nearly three decades
JUN 23, 2020

Thomas Gira, executive vice president of market regulation and transparency services at the Financial Industry Regulatory Authority Inc., passed away on Saturday, June 20, at the age of 58, Finra said.

“Tom leaves behind an extensive and exemplary legacy of accomplishment over the course of his tremendous career in the securities industry, including nearly three decades at Finra. He was well known for his expertise in securities markets regulation, built over the course of his lifetime commitment to protecting investors and the integrity of markets," Robert Cook, Finra's president and CEO, said in a statement.

Under Gira’s leadership, Finra’s market regulation department grew to conduct cross-market surveillance of all U.S. equities markets and nearly half of U.S. options markets. The department also performs trading compliance examinations of Finra-registered firms and provides regulatory services to U.S. exchanges.

More recently, Finra said, Gira assumed leadership of the regulator’s transparency services department, which monitors reporting of transactions in Treasury securities through Finra’s Trade Reporting and Compliance Engine.

Before joining Finra in 1992, Gira was an associate general counsel of the Nasdaq Stock Market Inc. Prior to that, he was branch chief for options and derivative products regulation within the SEC’s division of market regulation.

Latest News

Wedbush taps B. Riley alum as Northeast market manager
Wedbush taps B. Riley alum as Northeast market manager

The firm's newly appointed regional leader, part of its latest addition in Philadelphia, will spearhead its expansion in the East Coast.

December rate cut calls build following in-line inflation data
December rate cut calls build following in-line inflation data

CPI data from October revived bond traders' hopes that the Fed can keep leaning dovish in its final interest rate decision of the year.

RBC lures $330M advisor from Kestra
RBC lures $330M advisor from Kestra

The Canadian bank-owned wealth giant is strengthening its presence in Virginia as it welcomes the 23-year veteran to its network.

Steward Partners builds Georgia-Florida hybrid team with former First Republic advisors
Steward Partners builds Georgia-Florida hybrid team with former First Republic advisors

The $38 billion RIA giant has formed a multigenerational planning team managing $377 million, with a new location in Palm Beach Gardens.

LPL swipes $540M advisor duo from US bank
LPL swipes $540M advisor duo from US bank

The broker-dealer giant's latest breakaway additions in San Diego, California are joining an existing team while opening a new office location.

SPONSORED Out with the old and in with the new: a 50% private markets portfolio

A great man died recently, but this did not make headlines. In fact, it barely even made the news. Maybe it’s because many have already mourned the departure of his greatest legacy: the 60/40 portfolio.

SPONSORED Destiny Wealth Partners: RIA Team of the Year shares keys to success

Discover the award-winning strategies behind Destiny Wealth Partners' client-centric approach.