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Deals & People April 22, 2013
FINRA Appoints Regulatory Operations EVP
Susan Axelrod will become executive vice president
of regulatory operations at the Financial Industry Regulatory Authority (FINRA).
Reported by PLANADVISER staff
Axelrod will oversee enforcement, the office of fraud detection and market intelligence, and member regulation (sales practice, risk oversight and operational regulation and shared services). Axelrod previously was the head of FINRA’s member regulation sales practice area. Mike Rufino, chief operating officer of member regulation – sales practice, will assume the role of acting head of the sales practice group.
Axelrod brings deep and wide-ranging knowledge of securities regulation to her new position. Before becoming head of member regulation sales practice, Axelrod was senior vice president and deputy of regulatory operations, where she assisted in the oversight of market regulation, enforcement and member regulation. Before joining FINRA in 2007, Axelrod was chief of staff to the chief executive of New York Stock Exchange regulation. She began her career at NYSE in 1989 as a staff attorney in the division of enforcement and became an enforcement director in 1997.
Axelrod holds a bachelor’s degree from Emory University and a law degree from the School of Law at Hofstra University.
Axelrod will report to Richard Ketchum, FINRA’s chairman and chief executive.