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Deals & People May 2, 2013
FINRA Names Risk and Strategy EVP
Carlo V. di Florio will join the Financial Industry Regulatory Authority (FINRA) as executive vice president of risk and strategy.
Reported by PLANADVISER Staff
Di Florio is currently director of the office of compliance inspections and examinations (OCIE) at the Securities and Exchange Commission (SEC). At FINRA, he will head the office of risk, emerging regulatory issues, enterprise risk management and strategy.
Di Florio will have overall responsibility for ensuring that FINRA has effective processes to assess the most significant risks to the investing public and the integrity of markets, and develop strategic responses to mitigate, manage and monitor those risks and industry trends. In addition, di Florio will manage FINRA’s enterprise risk management program to enhance the organization’s internal governance, risk management, quality control and compliance.
Di Florio joined the SEC in 2010. As the director of the OCIE, he oversees the commission’s nationwide examination programs for investment advisers, broker/dealers, mutual funds, market exchanges and clearing agencies. Before working at the SEC, di Florio was a partner in the financial services regulatory practice of PricewaterhouseCoopers, where he specialized in corporate governance, enterprise risk management and regulatory compliance.
Di Florio holds a bachelor’s degree from Tulane University, a juris doctorate from Penn State University and a master’s of laws from Georgetown University Law Center. He will start at FINRA on June 24.