Cat DePasquale Cathleen DePasquale, CRCP Independent Consultant 973.464.4624 vCard

Cathleen is a Certified Regulatory Compliance Professional and brings over 25 years of securities industry expertise to her role as Senior Consultant at Oyster. Her career includes serving a combined 15 years as Chief Compliance Officer of public and private financial services institutions, managing and directing the AML, compliance, controls and risks of various businesses in the financial services industry and over 10 years of sales and management in other retail businesses. Cathleen held Municipal Principal responsibilities at three financial services institutions for a combined nine years and supervised options business at four financial services institutions as either Senior Registered Option Principal or Compliance Registered Option Principal for a combined 12 years. She served on the FINRA Committee that created the Operations Professional Series 99 and is a frequent panelist and facilitator at industry conferences and regional and national meetings. Cathleen is well-prepared to serve as an expert witness for financial services institutions from testifying as the company representative for three financial services institutions in 15 arbitrations. To remain prepared for paid board service she is trained in SOX requirements and serves on the Financial Women’s Association Directorships and Corporate Governance Committee. Cathleen is a founding Board Member of the International Law Discovery and Disclosure Group.

Expertise

  • Currently serving as Supervisory Analyst of Research Analysts, CCO, FINOP Sales/Trading Desk Supervisor, CROP/SROP and Compliance/Exam Suport for FINRA-registered broker-dealers and Registered Investment Advisors (RIAs)
  • Provided expert witness testimony in FINRA arbitrations for self directed on-line business of a FINRA registered broker-dealer
  • Served as CEO, CFO, CCO and SROP @ FINRA registered offshore broker-dealer
  • Performed due diligence reviews for an RIA
  • Worked on a Sungard Phase III Conversion for a global broker-dealer’s Private Shares Business
  • Worked on a BroadRidge back office conversion for a top tier wealth management broker-dealer
  • Worked with an international capital markets firm to review, recommend and implement enhancements for the entire compliance program and continues to serve as their municipal principal
  • As Chief Compliance and AML Officer of a national financial services company, had responsibility for Operations Control, Account Services, Core Clearing, Operations Administration, Stock Loan, Stock and Option Plans, Foreign Exchange, Futures, Order Room, Outsourcing and Payment and Deposit Services
  • Responsible for the critical areas of the Business Controls Group including legal referrals, compliance and regulatory issues, documentation, vetting of clients, data security and integrity, process controls and improvements as managing director for a global investment bank, securities trading and brokerage firm
  • Trained in SOX requirements and serves on the Financial Women’s Association Directorships  and Corporate Governance Committee to remain prepared for paid board service
  • During the implementation of the PATRIOT Act created an AML program for a global clearing firm
  • As the Vice President and Regulatory Director of an OTC market maker worked with technology to reverse engineer NASD Report Cards and create exception reports for the supervisors to minimize disciplinary actions
  • Managed the office administration for a boutique investment banking broker-dealer. Handled all compliance and legal issues for IPO sales and trading operation for a global investment bank
  • Responsible for all compliance and legal issues for investment advisor group, investment banking, operations, research, sales, and trading for a global financial services firm
  • Software skills include ACT Reporting, ADP, Bloomberg Analytic, BRASS, BRIO, D-Base, Lotus 1-2-3, Microsoft Office, and Nasdaq Level II

Career Highlights

  • CCO/Senior Director/AML Compliance Officer, E*TRADE Clearing
  • Managing Director/Senior Registered Option Principal/Chief Vetting Officer, Bear Stearns Securities Corp
  • CCO/Municipal Principal/Senior Registered Option Principal, Fleet Securities Inc.
  • Vice President/ Regulatory Director of Fleet Trading Division, Fleet Securities Inc.
  • First Vice President/Director of Compliance/Executive Committee of Management/Municipal Principal/Compliance Registered Option Principal, ROBB PECK McCOOEY Clearing and Specialist Corporations
  • President/CCO/Municipal Principal/ Compliance Registered Option Principal, State Capital Markets Inc.
  • CCO/Compliance Registered Option Principal, Robert Todd, Inc.
  • Sales/Marketing Representative, GovPX
  • Corporate Vice President – Regional Compliance Manager, Lehman Brothers

Education, Accolades and Industry Commitments

  • Elected to serve a four-year term on the Securities Industry and Regulatory Council On Continuing Education, and to serve as Regulatory Element Chair for 2013
  • FINRA-Certified Regulatory Compliance Professional (CRCP), Wharton School, University of Pennsylvania
  • FINRA Series 3, 4, 5, 7, 8, 14, 14A, 15, 24, 27, 53, 55, 63, 65 (Registrations are typically inactive, but may be used when appropriate to perform interim functions for our clients)
  • Elected in 2011 to a, 18-month term on the Securities Industry CE Council
  • Serving on FINRA’s Operations Professional CE Committee
  • SIFMA Legal & Compliance Division, Clearing Firms Committee and Large Trader Task Force
  • 2010 and 2011 Chairperson, Broadridge Compliance Focus Group
  • National Society of Compliance Professionals/Meeting and Broker-Bealer Committees member
  • Founding Board Member of International Law Discovery and Disclosure Group
  • Midtown Regulatory Group and AML Strategic Leadership Group
  • Fleet Securities Inc. Diversity Leadership Team-2003 Chairperson
  • Municipal Bond Women’s Club-1998-99 President
  • Financial Women’s Association-Board of Directors 2006-2011; elected to two-year appointment on the Nominating Committee in 2009
  • Earned CRCP continuing education credits in Understanding the Sarbanes-Oxley Act and Risk, Compliance, and Controls: Keys to Effectively Safeguarding the Organization
  • Received Management Skills training including diversity at three financial services institutions
  • Lehman’s Bond Market Classes-completed 16 sessions in Risk Management/Portfolio Analysis of Debt
  • Lehman Brothers and the New York Institute of Finance’s Money Market Class

Articles, Blogs and Presentations

“Mitigate Negative Effects You May Have from the Cash Incentives of The Whistleblower Provision” – Cathleen Seneca – NSCP Currents