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Daniel Rambert

Mr. Rambert is Vice President, Treasury & Investments. In this role, he leads FINRA's Investment Office, overseeing the organization's various retirement plan assets, the FINRA Investor Education Foundation portfolio and corporate assets. Mr. Rambert provides comprehensive strategic direction and oversight across investment strategy, investment operations, risk management and treasury functions, ensuring disciplined capital stewardship and alignment with FINRA's long-term financial objectives. 

Lloyd Fenton

Lloyd Fenton is Vice President, Financial Planning & Analytics. In this role, he provides strategic financial guidance and support to FINRA’s senior leaders. Serving as a trusted advisor to key business unit stakeholders, Mr. Fenton helps business leaders optimize financial performance, identify risks and opportunities, and make financially sound decisions that align with FINRA's overall financial strategy.

2021070498107 WestPark Capital, Inc. CRD 39914 AWC ks.pdf

Between at least March 2019 and the present, WestPark violated FINRA Rules 3110 and 2010, and, between June 30, 2020, and the present, willfully violated Regulation Best Interest (Reg Bl), by failing to establish, maintain, and enforce a supervisory system, including written procedures, reasonably designed to achieve compliance with Reg Bi'sCare Obligation and FINRA Rule 2111. As a result, WestPark failed to reasonably supervise recommendations of GWG L Bonds to 10 retail customers that were not in the best interests of or suitable for the customers.

2022073414901 Merrill Lynch, Pierce, Fenner & Smith Incorporated CRD 7691 AWC lp.pdf

Between January 2021 and September 2023, Merrill Lynch failed to provide material disclosures regarding municipal securities purchased with market discounts for 4,181 transactions involving 1,072 self-directed customer accounts. During this same period, Merrill Lynch failed to establish and maintain a supervisory system, including written procedures, reasonably designed to achieve compliance with the firm’s obligation to provide self-directed customers with all material information concerning municipal securities transactions subject to a market discount at or prior to the time of trade. As a

2019060647601 Reid & Rudiger LLC CRD 47263_Edward J. Rudiger, Jr. CRD 2118724_Clifford R. Reid CRD 1905920_Kelli A. Mezzatesta CRD 4701170_Marc Harrison CRD 1605568 Order Accepting Offer of Settlement ks.pdf

It has been determined that the Offer be accepted and that findings be made as follows: For nearly six years, Reid & Rudiger LLC churned and/or excessively traded 20 customers' accounts, causing significant harm to those customers while generating millions in revenue for the firm. The two representatives whose trading resulted in this egregious customer harm have their names on the firm's door-Respondents Edward J. Rudiger Jr. and Clifford R. Reid. They were supervised by the firm's majority owner, Respondent Marc Harrison, and by Respondent Kelli A.

SR-FINRA-2026-013

Financial Industry Regulatory Authority, Inc. ("FINRA") is filing with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to amend FINRA Rule 3210 (Accounts At Other Broker-Dealers and Financial Institutions) to except from the requirements of the rule accounts pursuant to Section 530A of the Internal Revenue Code.
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