Public GovernorRetiredGovernor Since 2023Committees: Audit & Risk Committee (Chair), Compensation & Human Capital Committee, Conflicts Committee, Executive CommitteeProfessional ExperienceOwner, Derrick A. Roman LLC (2021 – present)Partner, PricewaterhouseCoopers LLP (PwC) (1985 – 2020)Current Board Service and AffiliationsIndependent Director, CommScope HoldingsBoard Observer, G-
Public GovernorBrandEmPower, Inc.Governor Since 2023Committees: Finance, Operations & Technology Committee, Investment Committee (Chair)Professional ExperienceCo-CEO, BrandEmPower, Inc. (2021 – present)CIO, Vanguard (1987 – 2012)Current Board Service and AffiliationsInvestment Committee & Audit Committee Member, PGA of AmericaInvestment Committee Member, Wilkes
Frequently Asked Questions (FAQs) about RSL designations, including, among others, reporting and compliance, conditions and recordkeeping.
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to: (1) amend Section 1 (General Information) of the Uniform Application for Securities Industry Registration or Transfer (“Form U4”) to add a new question eliciting information to identify locations as residential supervisory locations (“RSLs”); (2) amend FINRA Rule 3110.19(d) (Obligation to Provide List of RSLs to FINRA) to remove the reference to a list of RSLs and the quarterly timeframe for member firms to provide the list to FINRA and replace it with the requirement that member firms provide current information identifying all locations designated as RSLs in the frequency, manner and format as FINRA may prescribe; and (3) make conforming changes to Section 6 (Registration Requests with Affiliated Firms) of the Form U4 and amend the Form U4 Instructions to account for the new question soliciting RSL information (“RSL Question”).
(a) Supervisory SystemEach member shall establish and maintain a system to supervise the activities of each associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA rules. Final responsibility for proper supervision shall rest with the member. A member's supervisory system shall provide, at a minimum, for