WASHINGTON—FINRA announced today that it has appointed Scott W. Anderson as Executive Vice President and Head of Market Regulation and Transparency Services. Anderson began his career at NASD, FINRA’s predecessor organization, and has 25 years of experience working on complex legal and compliance matters relating to the regulation of securities markets. He will join FINRA on Jan. 25, report to President and CEO Robert W. Cook and serve on FINRA’s Management Committee.
“Scott brings to this critical role broad leadership experience and a deep understanding of today’s complex securities markets, and we are excited to welcome him back to FINRA,” Cook said. “The Market Regulation and Transparency Services Department is vital to FINRA’s mission of protecting investors and ensuring the integrity of the securities markets, so that everyone can participate in them with confidence. I look forward to working closely with Scott as he begins working with this important team.”
“FINRA’s mission has resonated with me since the very start of my career, and I am excited to lead such an outstanding team of professionals so deeply committed to protecting investors and market integrity,” Anderson said. “I look forward to working with Robert and the rest of the senior management team in helping to make FINRA the most effective self-regulatory organization we can be.”
Anderson joins FINRA from Société Générale, where he served as Managing Director – Chief Compliance Officer, Americas. In that role, he managed more than 200 compliance professionals in the United States, Canada and Brazil while providing strategic guidance to U.S. and global management and governing boards on compliance, regulatory and legal issues.
Previously, Anderson held senior compliance and legal roles at UBS AG, Fidelity Investments and JP Morgan Chase. He also worked at The Nasdaq Stock Market as an attorney in the Market Structure and Regulatory Policy Group of the Office of the General Counsel. He started his career at NASD Regulation as an Investigator in the Enforcement Department.
Anderson has a Juris Doctorate from the University of Tennessee, a Master of Laws in Securities and Financial Regulation from Georgetown University, and a Bachelor of Arts in Political Science from the University of Richmond.
FINRA is a not-for-profit organization dedicated to investor protection and market integrity. It regulates one critical part of the securities industry—brokerage firms doing business with the public in the United States. FINRA, overseen by the SEC, writes rules, examines for and enforces compliance with FINRA rules and federal securities laws, registers broker-dealer personnel and offers them education and training, and informs the investing public. In addition, FINRA provides surveillance and other regulatory services for equities and options markets, as well as trade reporting and other industry utilities. FINRA also administers a dispute resolution forum for investors and brokerage firms and their registered employees. For more information, visit www.finra.org.