Greg Ruppert, currently executive vice president and leader of Finra’s National Cause and Financial Crimes Detection Program, will succeed Bari Havlik as head of the department of member supervision on Nov. 1.
Havlik is retiring and will remain an adviser to Ruppert to assist with the transition until the end of the year, the Financial Industry Regulatory Authority said in a release.
As the head of the department since 2018, Havlik created a single national examination and risk monitoring program designed to better align Finra’s regulatory resources and expertise with the risk profiles and complexities of its member firms.
Ruppert previously was a senior vice president and chief of the financial crimes risk management group at Charles Schwab. Earlier, he was a special agent with the FBI for 17 years, working on complex financial investigations, terrorist financing, terrorism and cyber threats.
The looming threat of federal funding cuts to state and local governments has lawmakers weighing a levy that was phased out in 1981.
The fintech firms' new tools and integrations address pain points in overseeing investment lineups, account monitoring, and more.
Canadian stocks are on a roll in 2025 as the country prepares to name a new Prime Minister.
Carson is expanding one of its relationships in Florida while Lido Advisors adds an $870 million practice in Silicon Valley.
The approval of the pay proposal, which handsomely compensates its CEO and president, bolsters claims that big payouts are a must in the war to retain leadership.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
