FINRA has confirmed the outcome of its latest Board of Governors elections, held during the regulator's annual member firms meeting last week.
Scott Curtis, chief operating officer at Raymond James Financial, was returned to his post as Large Firm Governor, while Jay Gettenberg, CEO and financial and operations principal (FinOp) of ACI Capital Markets, LLC, was voted in as Small Firm Governor.
Curtis has held the COO title at Raymond James since 2024, overseeing the firm's institutional investment management and advisory arms alongside corporate marketing and strategic planning. He previously ran the firm's Private Client Group as president from 2018, and his tenure in senior leadership at Raymond James stretches back to 2003. Curtis took over as FINRA's Board Chair in February 2025 and secured another term in that position at the board's June meeting.
Gettenberg leads ACI as managing partner and CEO, a firm that provides FinOp licensing and regulatory financial reporting services to broker-dealers and separately serves as CEO and FinOp for its affiliated broker-dealer, ACI Capital Markets. He oversees 38 full-time staff in that role, more than 20 of whom hold FinOp licenses. His FINRA experience includes prior service on the District 10 Committee and the Small Firm Advisory Committee. He steps into the seat left open by Wendy Lanton, chief operations and compliance officer at Herold & Lantern Investments, Inc.
"I am pleased to welcome Jay Gettenberg to the FINRA Board. Robust representation from small firms is essential in carrying out FINRA’s mission as a self-regulatory organization, and Jay brings invaluable firsthand knowledge of the challenges and opportunities faced by this vital segment of our membership," Curtis said. "I also extend a heartfelt thank you to Wendy Lanton for her thoughtful insights and leadership during her tenure on the Board."
Governors serve three-year terms, whether appointed or elected. Details on the board's structure and committee responsibilities are published on FINRA's governance pages.
Meanwhile, DPL Financial Partners adds two annuity executives and Prime Capital Financial hires a Mid-Atlantic retirement plan consultant
Andrew Komarow pleaded guilty Thursday in federal court in Hartford to defrauding three financial services companies of close to $3.3 million.
Elsewhere, Cetera picks up a $210 million Connecticut team from MML, while Wells Fargo FiNet adds a San Diego family practice from LPL
Celebrity endorsements, $500M in claimed assets, and a state regulator stepping in.
“We needed to become a more agile and efficient organization,” said American Express CEO Stephen Squeri.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
