Richard Wallace joins OCC
12 December 2013 Chicago
Image: Shutterstock
Richard Wallace has joined the Options Clearing Corporation as senior vice president and chief compliance officer.
Wallace moves to OCC from Foley & Lardner in Washington DC, where he was a partner.
He represented securities broker-dealers, hedge funds, mutual funds, and investment advisers and their employees, in US Securities Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) investigations and disciplinary proceedings.
Previously, Wallace served as vice president and chief counsel in FINRA’s market regulation department. He has also served as a branch chief and attorney with the SEC’s division of enforcement.
Wayne Luthringshausen, chairman and CEO of OCC, said: “It is a pleasure to welcome Wallace to OCC. [His] proficiency in securities law and regulation qualifies him as a fine fit to lead OCC’s compliance department in the new and continually evolving regulatory environment.”
Wallace moves to OCC from Foley & Lardner in Washington DC, where he was a partner.
He represented securities broker-dealers, hedge funds, mutual funds, and investment advisers and their employees, in US Securities Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) investigations and disciplinary proceedings.
Previously, Wallace served as vice president and chief counsel in FINRA’s market regulation department. He has also served as a branch chief and attorney with the SEC’s division of enforcement.
Wayne Luthringshausen, chairman and CEO of OCC, said: “It is a pleasure to welcome Wallace to OCC. [His] proficiency in securities law and regulation qualifies him as a fine fit to lead OCC’s compliance department in the new and continually evolving regulatory environment.”
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