Broker Dealers

Mr. Wasserman has extensive experience on issues facing broker-dealers.  As Head of Enforcement at the New York Stock Exchange, he oversaw hundreds of NYSE and FINRA investigations involving nearly aspect of broker-dealer regulation – including matters involving the Market Access Rule, Reg SHO, Reg NMS, failures to supervise, best execution, market making, order marking, record keeping, tender offers, spoofing, layering, and other forms of market manipulation, net capital requirements, order management systems, just and equitable principles of trade, and dozens of other NYSE and FINRA trading rules.  In private practice, Mr. Wasserman represented broker-dealers in a variety of matters involving such issues as gifts and gratuities, conflicts of interest, insider trading, market manipulation, and FINRA registrations.

Exchanges

Mr. Wasserman has substantial inside understanding of the exchange space.   In addition to rebuilding NYSE’s Market Regulation program and running its Enforcement team, he advised the exchange in connection with rule filings, member communications, staff trainings, SEC oversight, and negotiations with FINRA and key technology vendors.  Mr. Wasserman coordinated closely with FINRA and other exchanges, including Nasdaq, CBOE, and IEX, on a variety of regulatory issues.  Before joining NYSE Regulation, Mr. Wasserman represented the former CEO of the New York Stock Exchange in connection with all matters arising from the NYSE’s transformation into a public company through its merger with Archipelago, one of the first all electronic exchanges.

Please contact August Way for a complimentary consultation on how Mr. Wasserman can help in connection with broker-dealer and exchange-related issues.