Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Regulation and Compliance > Federal Regulation > FINRA

FINRA Names 3 New Board Members

By Melanie Waddell

X
Your article was successfully shared with the contacts you provided.

The Financial Industry Regulatory Authority (FINRA) named two new public governors as well as a small firm governor to its board on Monday.

Bob Muh, chief executive officer of Sutter Securities, Inc., was elected as a small firm governor, one of three representatives small firm representatives on FINRA’s board.

The two new public governors, whose terms will begin as of Monday, are:

• Eileen Murray, co-CEO of Bridgewater Associates.

• Hillary Sale, Walters D. Coles professor of Law at Washington University in St. Louis Law School.

FINRA also appointed four public governors to second terms beginning Monday:

• Rochelle B. Lazarus, chairman emeritus, Ogilvy & Mather.

• Brigitte C. Madrian, Aetna professor of Public Policy and Corporate Management at the Harvard Kennedy School of Government.

• Leslie F. Seidman, former chairman, Financial Accounting Standards Board.

• Luis M. Viceira, George E. Bates professor at the Harvard Business School and Senior Associate Dean for International Development.

“I welcome all of the new governors to the board, and look forward to working with them as the board continues to develop policies and strategies that will advance FINRA’s mission of market integrity and investor protection,” said FINRA Chairman Jack Brennan in a statement. “The new governors bring a broad array of experience and insight to the board and will be an invaluable asset to our decision making.”

FINRA CEO Robert Cook added that the self-regulator’s board “performs a critical leadership role in developing and implementing FINRA’s investor-protection agenda. We are fortunate to have a wide and deep range of expertise among our new and returning governors, and I look forward to partnering with them to support FINRA’s mission.”

FINRA’s 10 industry governors include three from large firms, one from medium-size firms, three from small firms, one floor member, one independent dealer/insurance affiliate and one investment company affiliate. FINRA’s CEO has the remaining seat.

FINRA governors are appointed or elected to three-year terms and may not serve more than two consecutive terms.

— Related on ThinkAdvisor:

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.