Elections will be held soon for firms to elect representatives to fill seats on FINRA’s Small Firm Advisory Committee and Regional Committees. Are you interesting in lending your experience and expertise, and engaging with FINRA on issues that impact the securities industry? We encourage you to read the SFAC and Regional Committee Election Notices and consider becoming a candidate. (SFAC and Regional Committee candidate profile forms are due to the Office of the Corporate Secretary by November 19, 2026.)
The Small Firm Advisory Committee (SFAC) is an advisory committee established by the NASD Board of Governors in 1998. The SFAC ensures that issues of particular interest and concern to small firms are effectively communicated to and considered by the FINRA Board of Governors. The SFAC reviews and comments on all new and amended FINRA rule proposals, and provides guidance to FINRA staff regarding the potential impact of proposed regulatory initiatives on FINRA's small firms.
The SFAC is comprised of 10 members, five at-large members appointed by FINRA's Board of Governors, and five members elected by the small firms - one member in each of the five FINRA regions. FINRA's three small firm representatives to the Board of Governors serve as ex-officio members of the SFAC. In addition, all SFAC members are affiliated with firms employing no more than 150 registered representatives and are senior executives at their firm.
Small Firm Advisory Committee Members
Erin Baskett (Ex-Officio)
Sine Qua Non Capital LLC
B. David Buehler
Triton Pacific Securities, LLC
949-429-8507
DiAnne Calabrisotto
Siebert Williams Shank & Co., LLC
New York, NY
212-830-4559
Deanna Collier
InvestiFi Securities, LLC
813-694-8084
Jay Gettenberg (Ex-Officio)
ACI Capital Markets, LLC
Robert Hamman
First Asset Financial Inc.
(785) 825-5050
Preston Haxo (Chair)
Mondeum Capital, LLC
(305) 921-9412
Paula Heffron
Stonecrest Capital Markets
919-931-7730
Steven Jafarzadeh
Stonehaven, LLC
(917) 349-7050
Andrew Kurian
Hedgebay Securities
203-227-9588
Karolina Pajdak
R. Seelaus & Co., Inc.
908-273-3011
Jennifer Szaro (Ex-Officio)
XML Securities, LLC
Bethesda, MD
Emily Verlinde
Crux Capital Securities, LLC
771-252-3137