President and CEO
Tim Hockey is a financial services veteran with nearly 34 years’ experience in retail banking and wealth management and a passion for leveraging technology to enhance the client experience.
As President and CEO of TD Ameritrade, he is primarily responsible for the oversight of the strategy and operations supporting the company’s three client channels: Retail Investing, Trading and Institutional, along with oversight for technology, operations and corporate functions.
Mr. Hockey joined TD Ameritrade in January 2016 from TD Bank Group, where he most recently served as Group Head, Canadian Banking and Wealth Management, and as President and CEO of TD Canada Trust. Over his 32-year career with TD Bank, he held senior positions in a variety of areas including mutual funds, retail distribution, information technology, core and small business, credit cards and personal lending.
Mr. Hockey holds a Master’s Degree in Business Administration from the University of Western Ontario and sits on the Advisory Board of the Richard Ivey School of Business. He also serves on the Board of Directors for the SickKids Foundation, the largest non-governmental granting agency in children’s health in Canada, and was Chair of the Hospital for Sick Children’s Research and Learning Tower Campaign. He is on the board of The Greater Toronto CivicAction Alliance and served as the 2015 Honorary Chair for the Ride to Conquer Cancer.
He was an executive member of the Canadian Bankers Association, previously serving as Chair of the organization. He is also a past winner of Canada’s “Top 40 Under 40,” a program that celebrates Canadians who have reach significant success before the age of 40 in the private, public and not-for-profit sectors.
Capital Markets, Securities, and Investment Subcommittee
Congressman Bill Huizenga represents Michigan’s 2nd Congressional District which stretches from Kentwood to the lakeshore and up the coast of Lake Michigan from Holland to Ludington. He was first elected to Congress in 2010 and is currently serving in his fourth term.
As a member of the prestigious House Financial Services Committee, Congressman Huizenga has focused on removing government-imposed barriers to private sector job creation and increasing transparency across the federal government. Because of his steadfast leadership, Congressman Huizenga has been selected to Chair the important Capital Markets, Securities, and Investment Subcommittee for the 115th Congress.
Congressman Huizenga leads oversight efforts pertaining to the SEC’s operations, activities and initiatives to ensure that it fulfills its congressional mandate to protect investors, maintain fair, orderly and efficient markets, and facilitate capital formation. The Capital Markets Subcommittee also has jurisdiction pertaining to credit rating agencies, investment advisers, mutual funds, accounting standards, equity/option market structure and fixed-income market structure. Additionally, Congressman Huizenga serves as a member of the Monetary Policy and Trade Subcommittee where he is a leading voice on restoring accountability and transparency to the Federal Reserve.
Robert W. Cook
President & Chief Executive Officer
Robert W. Cook is President and CEO of FINRA, and Chairman of the FINRA Investor Education Foundation.
From 2010–2013, Mr. Cook served as the Director of the Division of Trading and Markets of the U.S. Securities and Exchange Commission. Under his direction, the Division’s professionals were responsible for regulatory policy and oversight with respect to broker-dealers, securities exchanges and markets, clearing agencies and FINRA. In addition, the Division reviewed and acted on proposed rule filings and new product listings from self-regulatory organizations, including the securities exchanges and FINRA, and was responsible for implementing a range of initiatives and studies generated by the Dodd-Frank and JOBS Acts. He also directed the staff’s review of equity market structure.
Immediately prior to joining FINRA, and before his service at the SEC, Mr. Cook was a partner based in the Washington DC office of an international law firm. His practice focused on the regulation of securities markets and market intermediaries, including securities firms, exchanges, alternative trading systems and clearing agencies. During his years of private practice, Mr. Cook worked extensively on broker-dealer regulation, advising large and small firms on a wide range of compliance matters.
Mr. Cook earned his JD from Harvard Law School in 1992, a MS in Industrial Relations and Personnel Management from the London School of Economics in 1989, and an AB in Social Studies from Harvard College in 1988.
Director, Division of Trading and Markets
U.S. Securities and Exchange Commission
Mr. Redfearn has a long history in the U.S. equity markets, having worked with investors, exchanges and broker-dealers. During his career, Mr. Redfearn has focused on how technology, regulation and business trends are changing trading patterns across asset classes and geographic regions. He has helped build electronic trading products, worked closely with exchanges and other trading venues as these products evolved, and engaged with global asset managers on major regulatory developments. He has also been a frequent contributor at policy forums surrounding U.S. equity markets, and has been an active participant at several meetings of the SEC’s Equity Market Structure Advisory Committee.
Mr. Redfearn joins the SEC from J.P. Morgan, where he was Global Head of Market Structure for the Corporate & Investment Bank. He started his career at the American Stock Exchange, where he ran Business Strategy and Equity Order Flow. During his career, Mr. Redfearn has served on the boards of Bats Global Markets, the Chicago Stock Exchange, BIDS Trading and the National Organization of Investment Professionals.
Mr. Redfearn earned his MA in Political Science from the New School for Social Research and his BA from the Evergreen State College in Olympia, Washington.
President and Chief Operating Officer
Cboe Global Markets
Chris Concannon is President and Chief Operating Officer of Cboe Global Markets, Inc. (Cboe), joining the firm in 2017 as part Cboe’s acquisition of Bats Global Markets (Bats). He is responsible for Cboe’s transaction businesses, including Global Derivatives, U.S. and European Equities and Global Foreign Exchange – as well as overseeing the company’s Technology, Operations, Risk and Marketing divisions.
As CEO of Bats, Mr. Concannon led that company’s initial public offering in 2016, as well as the acquisition by Cboe in February 2017, creating one of the world’s largest exchange holding companies.
Under Mr. Concannon’s guidance, Bats operated the largest stock exchange by value traded in Europe, the second-largest stock exchange in the U.S., and growing exchange-traded products and U.S. options businesses.
Mr. Concannon has more than 20 years of experience as an executive at Nasdaq, Virtu Financial, Instinet and as an attorney at Morgan Lewis and Bockius and the Securities and Exchange Commission.
Mr. Concannon is the Chairman of the Board of Cboe Futures Exchange (CFE). He holds a BA degree from Catholic University, an MBA from St. John’s University and a JD from Catholic University’s Columbus School of Law.
Head of Investments
UBS Asset Management
Suni P. Harford serves as Head of Investments and Group Managing Director at UBS Asset Management.
Ms. Harford oversees active equities, systematic and index investing, fixed income, investment solutions, sustainable and impact investing as well as trading. Previously, she served as a Regional Head of Markets at Citigroup Inc. Ms. Harford served as a Managing Director and Citigroup’s Regional Head of Markets for North America. In this capacity, she oversaw the North American sales, trading and origination businesses of Citi’s securities and banking franchise.
Ms. Harford is a Director of the Board of Citibank Canada. She also serves on the Board of Directors of the Securities Industry and Financial Markets Association. Ms. Harford serves as Director of Citibank Canada Ltd. She served as Director of The Depository Trust & Clearing Corporation until May 30, 2017. She holds a BS in Physics and Math from Denison University and an MBA from Tuck School of Business at Dartmouth.
Charles E. Cook, Jr.
Editor and Publisher
The Cook Political Report
Charlie Cook is the Editor and Publisher of The Cook Political Report, and a political analyst for the National Journal Group.
In 1984, Mr. Cook founded the independent, non-partisan Cook Political Report. Now, with a staff of six, it is a publication that the New York Times once said was “a newsletter that both parties regard as authoritative” while CBS News’ Bob Schieffer called it “the bible of the political community.”
Al Hunt in the Wall Street Journal has referred to Mr. Cook as “the Picasso of election analysis.”
The late David Broder of The Washington Post, long considered ‘the Dean’ of the Washington press corps, once wrote that Charlie Cook is “perhaps the best non-partisan tracker of Congressional races.”
Mr. Cook has appeared frequently on ABC World News Tonight, CBS Evening News, NBC Nightly News, and ABC’s This Week. Since the 1990s he has appeared over a dozen times on NBC’s Meet the Press. Over the years Mr. Cook has served as an Election Night analyst for CBS, CNN and NBC and, since 1996, on NBC News Election Night Decision Desk in New York.
In 2010, Mr. Cook was the co-recipient of the American Political Science Association’s prestigious Carey McWilliams Award to honor “a major journalistic contribution to our understanding of politics.” In 2013, he served as a Resident Fellow at the Institute of Politics at Harvard’s Kennedy School of Government.
Speakers, Presenters & Moderators
Head of Transactions
New York Stock Exchange
Michael Blaugrund is the Head of Transactions at the New York Stock Exchange, a wholly owned subsidiary of the Intercontinental Exchange (NYSE: ICE). Blaugrund is responsible for NYSE’s equities and options trading businesses, including the New York Stock Exchange, NYSE American, NYSE Arca, NYSE National and Chicago Stock Exchange. Additionally, he oversees the NYSE/FINRA Trade Reporting Facility and NYSE Bonds fixed income exchange. Most recently, Blaugrund was the Director of Business Development at Tower Research Capital, a leading proprietary trading firm, where he focused on expanding the firm’s global market access and developing strategic assets. Prior to that role, Blaugrund led U.S. equity product strategy at NASDAQ OMX and held product management roles at Thomson Reuters. Blaugrund holds a B.A. in government from Harvard University. He is also a Chartered Financial Analyst (CFA).
Vice President, Market Regulation
Shelly Bohlin is a Vice President in the Quality of Markets Section of FINRA’s Market Regulation Department. She oversees the Market Analysis and Audit Trail Group, which is responsible for monitoring member firm compliance with FINRA Rules and federal securities laws related to market making, order handling, trade reporting and FINRA’s Order Audit Trail System (OATS). Ms. Bohlin has worked in FINRA’s Market Regulation Department for the past 24 years in various surveillance areas, including insider trading, anti-competitive practices, alternative trading systems and fixed income securities. She is a CPA and has a BSBA in Finance and Accounting from the University of Arkansas.
Tracy Castle-Newman is the COO for Global Institutional Equity Distribution and is a member of the Equity Operating Committee. In her role, she has specific responsibility for Client Strategy, Systematic Advisory Sales (SAS) Product Strategy, Commission Management, ETF Product Marketing, and the Equity and Fixed Income Division’s Institutional Client Joint Venture with MSWM.
Ms. Castle-Newman joined Morgan Stanley in 1996 after spending her prior years at Bankers Trust and Bank of New York. She has held various roles while at Morgan Stanley, primarily focused on client strategy and business development. She is involved in many of the talent initiatives of the Firm including recruiting and mentoring women. In 2007, she was inducted into the YWCA Academy of Women Leaders in recognition of her contribution to women’s initiatives. In 2010, she co-founded the Morgan Stanley’s Women’s Business Alliance. In 2013, she founded Morgan Stanley’s Women’s Investment Roundtable, which brings together women portfolio managers for a 2-day stock picking roundtable. In 2017, Ms. Castle-Newman was named to Worth Magazine’s Power 100 List.
Ms. Castle-Newman is a graduate of Virginia Tech with a BS in Finance. She serves on the Pamplin Advisory Council and the Executive Committee for the Finance Advisory Board for the Pamplin School of Business. She lives in Westfield, NJ with her husband Andy, and both are supporters and fans of Va. Tech athletics. She recently combined her support of athletics and women into the first scholarship for the VT women’s golf team.
Managing Director, Head of Americas Market Structure
Doug Clark has more than 25 years’ experience in the financial services and investment industry. Currently he holds the position of Managing Director, Head of Americas Market Structure for ITG. Prior to rejoining ITG, Mr. Clark ran electronic and program trading for one of the big Canadian banks. Mr. Clark is currently the Vice Chairman of the Security Traders Association (STA). He served as Chair of the Canadian STA in 2011.Over his career he has served on a number of advisory boards, including the Ontario Securities Commissions Market Structure Advisory Committee (MSAC), and IIROC’s Market Regulation Advisory Committee (MRAC).
Luminex Trading & Analytics
Prior to joining Luminex Trading & Analytics LLC, Jonathan Clark was the Managing Director, Co–Head of Equity Trading – Americas at BlackRock, Inc. He was responsible for all aspects of trade execution, including broker selection and monitoring. In 2009, he was a member of BlackRock’s Quantitative Investments team and was responsible for derivatives overlay and strategy. His service with BlackRock dates back to 1999, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, he was a member of the Quantitative Investments team, responsible for managing arbitrage and derivative strategies for enhanced and structured portfolios. He also managed a commodities futures portfolio.
Prior to joining MLIM in 1999, Mr. Clark was a trader at MLC Investments, a hedge fund. In addition to supporting the fund’s diverse product mix, he managed the firm’s option hedging and arbitrage strategies. Previously, he spent four years at Bankers Trust with the Global Investment Management group.
Mr. Clark earned a BS degree in Finance from Lehigh University in 1991. He currently holds Series 7, 24, 63 and 99 licenses.
Vice President, Global Head of Information Solutions
Cboe Global Markets
Catherine Clay is Vice President, Global Head of Information Solutions, at Cboe Global Markets, and oversees three business lines: index services, enhanced market data and analytics and execution services.
Ms. Clay came to Cboe through the 2015 acquisition of the San Francisco fintech company, LiveVol, where she was CEO. LiveVol transforms multi-asset market data into actionable information through unique analytics.
Prior to LiveVol, Ms. Clay was a market maker in equity and index options on the NYSE Arca floor from 1994-2010, starting her career with Interactive Broker’s market-making division before co-founding her own proprietary trading firm.
SVP, Head of North American Equities
Tal Cohen joined Nasdaq in April 2016 as Senior Vice President of North American Equities. Prior to joining Nasdaq, Mr. Cohen was Chief Executive Officer of Chi‐X Global Holdings, LLC from 2010–2016. From 2008–2010, he served as CEO of Chi‐X Americas. Prior to joining Chi-X, he held several senior leadership roles at Instinet, including Senior Vice President of Business Development and Product Strategy as well as Co‐head of electronic trading for North America, from 1999–2008. Before joining Instinet, Mr. Cohen served as M&A Manager at American Express; building out its strategic investment portfolio. He started at Arthur Andersen as an Auditor and Senior Business Advisor focused on the Financial Services and Telecom industries.
Mr. Cohen currently serves as a Director on the Investment Industry Regulatory Organization of Canada (IIROC) Board and as a Director on the Canadian Depository for Securities (CDS) Board. He is a member of IIROC’s Human Resources committee.
Mr. Cohen holds a BA from SUNY Albany, a MBA from New York University’s Stern School of Business, and is a Certified Public Accountant. He also holds FINRA Series 24, 7 and 63 licenses, the CSI Partners, Directors, and Senior Officers Designation (PDO).
Goldman Sachs Electronic Trading
Arianne Criqui is vice president and head of electronic options sales within Goldman Sachs’ Derivatives Sales team. She is responsible for the distribution, product development and marketing of Goldman Sachs’ electronic equity derivatives offering. She sits on the STA Listed Options Committee – as well as other industry market structure and exchange advisory boards.
Prior to joining Goldman Sachs, Ms. Criqui spent nine years at Merrill Lynch, primarily focused on equity derivative sales trading, and followed by a year at Capstone Investment Advisors in a similar capacity. She earned her BS in Finance with a minor in Economics from Penn State University.
Head of Equity Trading
J.P. Morgan Asset Management
Curt is the Head of Equity Trading for the Americas at J.P. Morgan Asset Management. Before joining the firm in 2010, he was an analyst and trader in quantitative equity groups focusing on trading technologies, transaction cost analysis, and optimal trading strategies at various firms including Weiss, Peck & Greer, Northern Trust and BlackRock.Curt holds a B.S. in science business at the University of Notre Dame and an M.B.A. in finance and international business from Northwestern University. He is also a CFA charterholder.
Head of Americas Cash Equities Execution Services
Brian Fagen is a Managing Director and Head of Americas Cash Equities Execution Services at Deutsche Bank.
Mr. Fagens’s current responsibilities cover the Cash, Portfolio and Electronic Trading businesses including Market Structure and Commission Management. He was previously Head of Global Electronic Trading Distribution and Co-Head of Liquid Market Sales Americas at Barclays Capital, a role he also held at Lehman Brothers before joining Barclays Capital in 2008. Prior to that, he held several senior roles at Morgan Stanley across Cash, Program Trading, Derivatives and Electronic Trading within the Institutional Equities business from 1988 to 2006.
Mr. Fagen is currently a board member of BIDS Trading, the National Organization of Investment Professionals (NOIP), the Rutgers Business School (RBS) Board of Advisors and the Rutgers Road to Wall Street Program. He previously held board positions at BATS, The Mead School and The Juvenile Diabetes Research Foundation of Westchester County, NY. He holds a BS in Accounting from Rutgers University.
Foundation for Women Warriors
Jodie Grenier is the Executive Director of Foundation for Women Warriors, an organization that works with women veterans to utilize their strength, resilience and achievements to overcome obstacles as they transition to civilian life. Jodie began her career in the United States Marine Corps serving with 1st Marine Division, G-2 military intelligence. She deployed in support of Operation Iraqi Freedom I and II as an Intelligence Collections and Watch Chief and was honored with the Navy Commendation, Navy Achievement, and Global War on Terrorism Service, and Iraq Campaign Medals. In 2005, Jodie was honorably discharged from active service and promoted to Staff Sergeant in 2006 in the Reserves. Jodie held various intelligence and security advisor roles over the past ten years including Force Protection and Security Supervisor in Al Kut, Iraq, Department of State in Kabul, Afghanistan and Modeling and Simulation Intelligence Analyst for the Marine Corps Battle Simulation Center in Camp Pendleton, CA. In pursuit of her passion for philanthropy and serving veterans, Jodie was a founding member, Director of Events and Fundraising, and former VP of the Marine Reconnaissance Foundation. Jodie currently serves on the California Women Veterans Leadership Council. Jodie holds a bachelor’s degree in psychology and is currently pursuing her Masters in Nonprofit Leadership and Management at the University of San Diego.
Mark Govoni is President of Instinet, LLC, the U.S. brokerage subsidiary of Instinet Incorporated. In this role, he is responsible for leading and growing Instinet’s client businesses in the Americas, and delivering best in class offerings across the firm’s various platforms. Mark also serves on Instinet’s Global Management Committee.Prior to being named President, Mark served as Head of Sales and Trading for North America. He joined Instinet from Nomura in 2012, where he was Head of U.S. Execution Services. Prior to joining the Nomura Group, Mark spent seven years at Merrill Lynch where he held various roles within portfolio and electronic trading. His responsibilities included both agency and risk execution, in addition to global program sales trading. Mark began his career at Morgan Stanley. Mark holds a BSD in Finance and Management Information Systems from Villanova University.
Director of Compliance
For more than 15 years, Jess Haberman has been responsible for the compliance program at Fidessa Corp., a global technology firm providing trading, market data and connectivity solutions to broker-dealers. Mr. Haberman started working in the industry many years ago as a NASD (now FINRA) District Examiner. While at the NASD, he was also an investigator in the Anti-Fraud Department and a supervisor in the Market Regulation Department. While there he started both the OTCBB surveillance and TAMMS groups. Mr. Haberman has also worked in compliance for a large bank and a wholesaler, and was the CCO for the BRUT ECN.
Co-Head of Government Affairs
Hope Jarkowski is the Co-Head of Government Affairs for ICE, parent company for the New York Stock Exchange, and leads NYSE’s government relations matters before the SEC and Capitol Hill. Hope began her career in the Office of the General Counsel at FINRA, where she worked on a variety of legal and policy issues. She then transitioned to private securities law practice at a Fortune 100 law firm. Hope left the private sector for public service at the SEC in 2010, just before the passage of Dodd-Frank. As a senior lawyer in the Office of General Counsel, and later as Counsel to Commissioner Troy Paredes, Hope provided counsel on the Commission’s rulemaking and enforcement efforts and served as Commissioner Paredes’ liaison to Commission senior SEC staff as well as external constituencies, including members of Congress. Following her SEC service, Hope joined the Senate Banking Committee as SEC Detailee for Securities for then-Ranking Member Mike Crapo. Hope joined ICE in April 2016.
Global Head of Market Structure and Liquidity Strategy
Vlad Khandros advises clients and internal groups on market structure issues and focuses extensively on UBS’s electronic strategy, particularly on exchange and alternative venue analysis, as well as order routing decisions. He manages the global cross asset market structure team and the UBS ATS team, which is currently the largest and most transparent bank ATS. Mr. Khandros represents UBS in several advisory committees and industry groups including the IEX Quality of Markets Committee, UBS Political Action Committee, and SIFMA Equity Markets & Trading Committee. Prior to joining UBS in 2011, he was Global Co-Head of Corporate Strategy at Liquidnet, responsible for business development, market structure and government relations. He was previously a board member of BIDS Trading LP and Chi-X Global LLC, and currently serves on the board of Stay Pawsitive, Inc., an animal welfare charity.
Executive Director, Prime Services Group
CIBC Capital Markets
Heather Killian is an Executive Director, Prime Services Group, CIBC Capital Markets. She is responsible for the sales of CIBC’s electronic equity trading solutions, and functions in numerous roles on a daily-basis to help grow CIBC’s equities business. Ms. Killian’s responsibilities include: analyzing the unique market structures of the equity markets; advancing and distributing CIBC’s electronic offerings; expanding relationships with marketplaces, regulators, counterparties and clients; evaluating new technologies; and contributing to CIBC’s equity markets business strategy through in-depth analysis of the regulatory and market structure environment. Ms. Killian has been a key contributor to the development and growth of CIBC’s electronic trading product platform. Prior to joining CIBC in 2010, Ms. Killian was the Chief Operating Officer at a Canadian Alternative Trading System (ATS) where she was involved in all aspects of the system’s launch into the marketplace. She also worked for independent broker dealers with extensive experience in institutional trading and product management. Ms. Killian holds an Honours BA from the University of Western Ontario.
Chief Regulatory Officer
Manisha Kimmel is Chief Regulatory Officer, Wealth Management at Thomson Reuters Financial & Risk. Manisha focuses on influencing strategic regulatory initiatives, implementing new rules and responding to regulatory issues. Currently, she serves as the chair of the Consolidated Audit Trail (CAT) Advisory Committee and co-chairs the FIF CAT Working Group. Additionally, Manisha was a member of the Securities and Exchange Commission’s Equity Market Structure Advisory Committee (EMSAC) where she chaired the Customer Issues Subcommittee and was a member of the Trading Venue Regulations Subcommittee.
Ms. Kimmel formerly worked as the managing director of the Financial Information Forum (FIF). She spearheaded FIF’s response to regulatory initiatives by identifying and driving industry issues to successful resolution. Prior to her work at FIF, Ms. Kimmel worked on numerous engagements in her capacity as Senior Industry Consultant for Jordan & Jordan. She also held positions at ADP in their Strategic Investments group within their brokerage division. In addition to completing coursework at Stanford University’s Learning, Design and Technology program, Ms. Kimmel has a BS in Finance and Information Systems from the Wharton School and a BS in Systems Engineering with a focus in Telecommunications from the University of Pennsylvania.
T. Rowe Price
Mehmet Kinak is a Vice President of T. Rowe Price Associates, Inc. He is the head of Global Equity Market Structure and Electronic Trading. Mr. Kinak’s primary focus is electronic and program trading, market structure analysis and transaction cost analysis. He joined T. Rowe Price in 2000 and worked as a portfolio accounting associate, investment liaison, portfolio implementation manager and electronic trader before assuming his current role in 2014. Mr. Kinak earned a BS in Finance from Virginia Polytechnic University.
Senior Vice President – Head of Relationship Management
Jennifer Litwin is responsible for spearheading the Firm’s relationship management and marketing initiatives with key decision-makers at select priority buy-side institutions, and is a frequent speaker at industry and investor conferences. Prior to joining the firm in 2007, she was a senior sales trader on the Synthetic GIC desk at UBS Investment Bank. She began her career as an Associate in the Operations Group at AIG Financial Products Corp.
Ms. Litwin is a recipient of Traders Magazine Women of Wall Street, A Celebration of Excellence 2012 – Crystal Ladder Award, and was elected to the National Organization of Investment Professionals (NOIP) in 2016. She is also a professional opera singer and earned her Bachelor and Master of Music Degrees at Oberlin College Conservatory of Music and Yale University School of Music, respectively.
Lisa Mahon Lynch
Wellington Management Company
As director of Trading and Counterparty Services within the firm’s Global Investment Services Group, Lisa sets the strategy and focus for the Execution Services, Counterparty Risk, and Counterparty Services teams. She represents the group in cross-functional initiatives related to market structure, market access, operational risk and supervision. Lisa is a member of the Counterparty Review Group and vice chair of the Best Execution Working Group.
Before assuming her current role, Lisa held various positions within Global Trading, including associate director, manager of the Americas Equity trading desk, and sector trader for the finance team. Prior to joining Wellington Management in 2006, Lisa held trading positions at Independence Investment (1997 – 2006) and Baring Asset Management (1992 – 1997). She began her career as an assistant with PaineWebber, Inc. (1990 – 1992). Lisa received both her MBA (1998) and BS (1989) from Bentley University.
Phil has 28 years of experience in the Finance industry, including roles on the sell-side, buy-side and at accounting firms, which included managing trading, research and risk teams. He is an expert in index construction and ETF trading and has published extensive research on trading, ETFs and market structure
Co-Founder, Chief Executive Officer
Dash Financial Technologies
Peter Maragos is CEO of Dash Financial Technologies, the industry leader in order routing transparency, visualization and customization solutions. Prior to co-founding Dash in 2009, he served as CEO of LiquidityPort, a fully electronic brokerage platform for all NYMEX ClearPort products, and before that served as CEO of SDS Financial Technologies, where he built and operated various OTC ATS platforms. Mr. Maragos began his career as an options market maker on the Cboe floor. He holds a Bachelor’s Degree in Resource Economics from the University of Massachusetts, Amherst.
Michael J. Masone
Director – Head of Americas Equities Market Structure
Citigroup Global Markets
Michael Masone is a Director and the Head of Americas Equities Market Structure for the Equities Sales & Trading Business in Citi’s Institutional Clients Group. Prior to assuming this role in 2017, he had been a corporate lawyer advising the Americas Equities Sales & Trading Business since 2005, as co-head of legal coverage since 2008.During that time, he advised several institutional sales and trading businesses on a variety of legal, regulatory and technology issues, with a particular focus on Market Structure issues.
Mr. Masone is the Chair of SIFMA’s Equity Markets & Trading Committee (2017-18), having served as Vice Chair from 2015-16, and was co-Chair of SIFMA’s Board Committee on Equity Market Structure/Subcommittee on Transparency & Disclosure organized in 2014.He also represents Citi on the FIF’s Front Office Committee, STA’s Regulation & Compliance Committee and numerous other industry committees and working groups addressing particular policy and regulatory issues. He frequently meets with Commissioners and Staff of the U.S. Securities and Exchange Commission, Members and Staff of the U.S. Congress, FINRA and the exchanges, as well as clients of the firm. His move into the Equities Division in 2017 allows him to devote even more of his time to implementing Citi’s Market Structure and liquidity strategy.
Michael holds a J.D. from the Georgetown University Law Center and a B.A., cum laude, from the University of Notre Dame.
Head of Compliance Technology, Enterprise Risk and Enterprise Order Management
Susquehanna International Group
Judy McDonald has been an IT professional for over 25 years, with most of her experience being in the financial industry, including front-, middle- and back-office technology for private trading firms. She is currently a member of the SEC CAT Advisory Committee and Development Advisory Group. She is currently an Associate Director at Susquehanna International Group, LLP (SIG), Head of Compliance Technology, Enterprise Order Management and Enterprise Risk. Prior to joining SIG, Ms. McDonald was an IT manager at BNP Paribas. She has also been involved with proprietary trading, market making, institutional brokerage, order routing, position management, risk, clearing and settlement systems.
Ms. McDonald received her MS in Applied Mathematics from The George Washington University.
Head of Execution Services
Joseph Mecane is Head of Execution Services at Citadel Securities. In this role, he is responsible for the firm’s client-facing equity, options and ETF businesses.
Prior to joining the firm, Mr. Mecane was Global Head of Electronic Equities at Barclays. Previously, he worked for the New York Stock Exchange (NYSE) for six years, most recently serving as the Head of U.S. Equities. His earlier career included roles at UBS Securities, Schwab Capital Markets, Knight Capital Group and Price Waterhouse.
Mr. Mecane is involved with numerous industry organizations, currently serving as Chairman of the Nasdaq Quality of Markets Committee and serving on the FINRA Board of Governors, the Nasdaq Exchange Board, and the Board of Trustees for the Museum of American Finance. He is also a member of the National Organization of Investment Professionals and the SIFMA Advisory Council. He was previously a member of the SEC’s Equity Market Structure Advisory Committee.
Mr. Mecane received an MBA, with honors, from the Wharton School of the University of Pennsylvania and a bachelor’s degree from Pace University.
Two Sigma Securities
Denis Medvedsek is a Managing Director in Two Sigma Securities’ Options Market Making Business. Prior to joining Two Sigma in May 2015, Mr. Medvedsek was employed by KCG and its predecessor firm Knight Capital, where he was responsible for the Options Market Making business. During this time, he also served two terms on the Board of Directors of the International Securities Exchange. From 2002 to 2009, Mr. Medvedsek was Director of Automated Market Making and Head of Options Algorithmic Trading at Credit Suisse. Prior to 2002, he held various trading roles within equity derivatives and emerging markets derivatives at JP Morgan. Mr. Medvedsek holds an undergraduate degree in Computer Science from Harvard University.
Chief Compliance and AML Compliance Officer
Christy Oeth currently serves as the Chief Compliance Officer and AML Compliance Officer for Virtu Americas LLC (“VAL”) and Virtu Financial Capital Markets LLC (“VFCM”), and reports to Virtu’s General Counsel. Virtu offers leading services to broker-dealers and institutional customers that address these firms’ trading needs across asset classes, product types and time zones. Virtu is one of the world’s largest independent market makers, combining advanced technology with exceptional client service to deliver unique liquidity, lower transaction costs and improve pricing.
In her role, Ms. Oeth oversees Virtu’s U.S. compliance function, serves on the Firm’s market structure, risk management and best execution committees and is the Firm’s AML Compliance Officer. Prior to her current role, she served in the same role at KCG Americas LLC. Ms. Oeth actively participates in SIFMA, STA and FIF committees focused on equity trading and markets, clearing and settlement, and regulatory reporting. In 2012, she received the Rising Star Award in the Women of Wall Street Awards sponsored by Trader’s Magazine.
Williams & Jensen, PLLC
Joel Oswald is a principal at the law and lobbying firm, Williams & Jensen. He specializes in a legislative and regulatory practice focused on financial services policy. With nearly 20 years of public and private sector experience, Mr. Oswald works with clients on a range of legislative and regulatory policy issues, including securities, banking, consumer finance, and insurance regulation, Regulation NMS and equity market structure rules, and the Dodd-Frank Act.
Prior to joining the firm, Mr. Oswald served on the professional staff of the Subcommittee on International Trade and Finance and later the Subcommittee on Securities and Investment, both of the Senate Committee on Banking, Housing, and Urban Affairs. He is a graduate of Evangel University and received an MBA from Texas A&M University’s Mays Business School.
Troy A. Paredes
Founder, Paredes Strategies LLC
SEC Commissioner (2008-2013)
Troy A. Paredes is the founder of Paredes Strategies LLC. From 2008-2013, Mr. Paredes was an SEC Commissioner, appointed by President Bush and confirmed by the U.S. Senate.
Mr. Paredes advises on financial regulation, compliance, risk management and corporate governance. He also serves as an expert and advisor in regulatory enforcement investigations and in private litigation involving securities law and corporate law. Paredes has brought his extensive government, compliance, enforcement and regulatory experience to bear in serving as an independent compliance consultant/corporate monitor.
Mr. Paredes was a professor of law at Washington University. Currently, he is a Distinguished Scholar in Residence at NYU School of Law and a Lecturer on Law at Harvard Law School. Mr. Paredes co-hosts a podcast on fintech called “Appetite for Disruption.” He also serves as an advisor to various businesses, including in the crypto/blockchain space.
Mr. Paredes holds a bachelor’s degree in economics from UC Berkeley and earned his JD from Yale Law School.
Sapna C. Patel
Executive Director, Head of Americas Market Structure & Liquidity Strategy
Sapna C. Patel is the Head of Market Structure and Liquidity Strategy at Morgan Stanley for the Americas and is an Executive Director on the Morgan Stanley Electronic Trading desk. In her current role, Ms. Patel focuses on market structure issues, regulatory developments, order routing and liquidity strategies, as well as business development. Prior to joining the desk in 2008, Ms. Patel spent three years as an institutional equities coverage attorney in the Morgan Stanley Legal and Compliance Division. Ms. Patel began her career at the U.S. Securities and Exchange Commission in the Division of Trading and Markets (formerly the Division of Market Regulation), and held various positions during her five years at the agency. Ms. Patel holds a Juris Doctorate degree from the University of Maryland School of Law and Bachelor of Science degrees in Criminal Justice and Psychology from American University.
Sandler O’Neill + Partners
Richard Repetto is a Principal of Sandler O’Neill + Partners, L.P. His research coverage includes the eBrokerage, Execution Venues and eSpecialty Finance Sectors. Mr. Repetto has received numerous accolades for his equity research. He has earned numerous industry awards, including Analyst of the Year in 2010 by Financial Times/Starmine.
Mr. Repetto was previously a Managing Director at Putnam Lovell NBF. This position followed his work at Lehman Brothers, where he established the firm’s research coverage of the Internet Financial Services Sector. Mr. Repetto holds a BS in General Engineering from the United States Military Academy, and an MBA in Finance from the Wharton School of the University of Pennsylvania. He holds the Chartered Financial Analyst designation.
Vice President, ETF Capital Markets
State Street Global Advisors
Kimberly Russell is a Vice President and Market Structure Specialist in the ETF Capital Markets Group at State Street Global Advisors. Based in New York, she is responsible for business development with exchanges, evaluating market structure and regulatory developments, and providing analysis on aspects of equity market structure that impact ETF liquidity.
Prior to joining State Street, Ms. Russell was a Director at Barclays Capital Inc., where she held various roles in the Equities division from 2008-2017. Ms. Russell started her career at Lehman Brothers as an investment banking intern in the Global Real Estate Group.
She holds a BA with Honors from Cornell University. She is a member of the Security Traders Association’s Market Structure Analyst Committee, Nasdaq’s Institutional Traders Advisory Council (ITAC), and Limit Up-Limit Down Advisory Committee. Outside of the securities industry, she serves as an officer of the Cornell Rowing Association’s Board of Trustees.
President, Equity Trading
As President, Equity Trading, Kevin Sampson leads the trading businesses of Canada’s premier equity Exchanges, Toronto Stock Exchange (TSX), TSX Venture Exchange and TSX Alpha Exchange, and is a member of TMX’s Executive Operating Committee. His responsibilities include developing and evolving an integrated strategy, creating new innovative products and services, and overseeing the business development activities for TMX’s entire equity trading business. In addition, he is accountable for the reliable operations of TMX’s equities marketplaces.
Mr. Sampson joined TMX Group in 2006 and has held various leadership positions across multiple facets of the equities division, including business development, strategy, and product management. Prior to working for TMX, he spent seven years at SS&C Technologies, where he held senior positions in product management and relationship management. Mr. Sampson has been an active contributor to constructive dialogue regarding market structure and policy issues in Canada over the years, including as a member of the OSC Market Structure Advisory Committee and IIROC’s Market Rules Advisory Committee (MRAC).
Autism Science Foundation
Alison Singer is President of the Autism Science Foundation, a non-profit organization dedicated to funding innovative autism research and supporting the needs of people with autism. As the mother of a 21-year-old daughter with autism and legal guardian of her older brother with autism, she is a natural advocate. Since 2007, Ms. Singer has served on the federal Interagency Autism Coordinating Committee (IACC), which is charged with writing an annual strategic plan to guide federal spending for autism research. She currently serves on the executive boards of the Yale Child Study Center, the Seaver Autism Center at the Icahn School of Medicine at Mount Sinai, the Marcus Autism Center at Emory University, and the University of North Carolina Autism Research Center, as well as on the external advisory board of the CDC.
Prior to founding the Autism Science Foundation in 2009, Ms. Singer served as executive vice president of Autism Speaks and as a vice president at CNBC where she produced multiple programs including MarketWrap, the MoneyWheel, Wall Street Journal Report and Wall Street Week with Louis Rukeyser. She graduated magna cum laude from Yale University with a BA in Economics and has an MBA from Harvard Business School.
Peter D. Stutsman
Senior Equity Trader
Peter D. Stutsman is a senior equity trader at Capital Group. He has 19 years of investment industry experience and has been with Capital Group for 17 years. Prior to joining Capital, Mr. Stutsman was a sales trader with S.G. Securities in Asia.
Mr. Stutsman holds a bachelor’s degree in liberal arts from the University of Texas, Austin. He is based in Los Angeles.
Founder & Research Chairman
Larry Tabb is founder and research chairman of TABB Group, the research and strategic advisory firm focused exclusively on capital markets. Before founding TABB Group and serving as CEO through 2016, he was vice president of TowerGroup’s Securities & Investments practice, where he managed research across the capital markets, investment management, retail brokerage and wealth management segments. Prior to TowerGroup, he managed business analysis for Lehman Brothers’ Trading Services Division, responsible for overseeing specification, testing and implementation of dozens of major systems. His markets experience also includes managing operations for the North American Investment Bank of Citibank, including front-office trading and finance operations, back-office money market operations and proprietary trading clearance and settlement operations for U.S. Treasury debt.
In March 2012, the U.S. Commodity Futures Trading Commission selected Mr. Tabb as a member of the CFTC Technical Advisory Committee Subcommittee on Automated and High Frequency Trading (HFT) to help create a definition for HFT within the context of automating trading systems. In September 2012, he was invited by the U.S. Senate Committee on Banking, Housing, and Urban Affairs to testify at the Senate Subcommittee on Securities, Insurance and Investment session on “Computerized Trading: What Should the Rules of the Road be?” chaired by Senator Jack Reed (D-RI).
Mr. Tabb has been cited extensively in The Wall Street Journal, Financial Times, Associated Press, The New York Times, CNN, Bloomberg, CNBC, Reuters, Dow Jones News, Barron’s, Forbes, Business Week, Financial News and other business media. He is a featured speaker at industry conferences throughout the U.S., Europe, Asia and Canada.
Francis J. Troise
President & CEO
Frank Troise, was appointed ITG President, CEO, and board member in January 2016. He is aligning ITG’s organization and culture with a new strategic operating plan that drives significant investments in – personnel and technology, with focus on core liquidity, execution, and analytics.
Mr. Troise brings a unique background to this assignment – deep knowledge of ITG, its products and customers – combined with the broad perspective of a seasoned outsider. From 1997-2005, he acquired an appreciation of ITG clients and services. During that period at ITG, he held positions of chief operating officer and managing director of client site sales and trading.
In the years between his ITG engagements, Mr. Troise contributed to J.P. Morgan’s growth in electronic trading and execution services business. In five years, under his leadership, J.P. Morgan became one of the top equities trading firms, more than tripling market share in electronic trading in the U.S. and Europe. Mr. Troise last served J.P. Morgan as head of execution services, a global role covering agency execution business for all asset classes in the investment bank.
Prior to joining J.P. Morgan, Mr. Troise served as global head of equities electronic trading at Barclays Capital and head of U.S. equities electronic trading at Lehman Brothers. He has also held management consulting positions at Booz Allen and Accenture, and served on the boards of BIDS Holdings, the Boston Equities Exchange, LeveL ATS, Chi-X Global Holdings, and Neovest.
Mr. Troise earned a BS in Electrical Engineering from Boston University, a MS in Operations Research from Columbia University, and a MBA from MIT’s Sloan School of Management.
As an ETF Strategist for Jane Street, Andrew Upward conveys the firm’s thoughts about market structure and ETF trading developments to clients. In addition to his regular written work, he conducts specialized research for individual clients and represents the firm as a speaker and panelist at conferences. He supports Jane Street’s sales and trading teams in New York, London and Hong Kong.
Prior to joining Jane Street, Mr. Upward was Head of Market Structure at Weeden & Co. Before Weeden & Co., he was a Vice President and Market Structure Analyst at Rosenblatt Securities. His experience in sales, trading and analysis stretches back to 2003.
Mr. Upward graduated from Kalamazoo College in 2003 with a Bachelor’s Degree in Economics.
CEO and Founder
Joe Wald is CEO and a Founder of Clearpool Group. He is responsible for the execution of Clearpool’s vision and strategic direction. He identifies and executes on growth opportunities, leading all corporate financing initiatives and is responsible for the overall growth and success of the company. Mr. Wald has a proven track record, years of industry experience, thought leadership and public speaking. Prior to Clearpool, he was executive vice president at GAIN Capital where he ran GTX, the institutional electronic FX trading business. Prior to Gain, he was managing director and head of Knight Direct, Knight Capital Group’s institutional electronic trade execution business. Before Knight Capital, he was CEO and co-founder of EdgeTrade Inc., the pioneer developer of agency-only, liquidity seeking algorithms and direct market access technologies for the U.S. equities market. EdgeTrade was sold to Knight Capital Group in 2008. He holds a BS in Business, Management and Finance from Brooklyn College.
Co-Head ETF Group
Susquehanna International Group
Damon Walvoord is co-Head of the ETF Group at Susquehanna International Group (SIG) and a 15-year veteran of the firm. As such, Mr. Walvoord is jointly responsible for managing SIG’s ETF-related activities including the lead market making and exchange business, global ETF issuer relationships, ETF client trading, global equity portfolio trading, and other strategic initiatives spanning ETFs, equities, options and fixed income. While Susquehanna has been a leading participant in the ETF markets since the introduction of SPY 25+ years ago, Mr. Walvoord was instrumental in the formation and operation of the ETF Group over the past decade, dedicated to coordinating the various facets of the firm’s ETF business.
Prior to that, Mr. Walvoord helped build out SIG’s sell-side brokerage unit, Susquehanna Financial Group (SFG), after beginning his capital markets career as an ETF and index options trader in the SIG trader training program. Mr. Walvoord is a Dean’s List graduate of the University of Virginia with a BA in Philosophy.
Head of Midwest Equities and Fixed Income
Bank of America Merrill Lynch
Jon Werts is Managing Director and head of Midwest Equities and Fixed Income at Bank of America
Merrill Lynch. In this role, Mr. Werts is responsible for all Sales and Relationship Management for the Midwest Region.
Prior to being named to this role in early 2016, Mr. Werts was head of Broker Dealer Execution and Electronic Derivatives in the Global Equities Electronic Division. He joined the firm in August 2007.
Previously, he was vice president of Derivative Products for the New York Stock Exchange in Chicago, where he served as head of the U.S. Options business. From 2001 – 2005, he was vice president of
Client and Trading Support at the Pacific Exchange in San Francisco, where he oversaw the creation of the exchange’s new electronic options trading platform, and managed the customer service and system support departments. Earlier in his career, he was an equity specialist at Pershing Trading where he managed the west coast equity market making division.
Mr. Werts serves on the Board of Directors of The Options Clearing Corporation, Redi Technologies and the American Red Cross of Greater Chicago. He has also previously served on the Board of Directors of the Chicago Board Options Exchange and the East Bay Regional Parks Foundation.
J. Slade Winchester
Citigroup Global Markets
Slade Winchester is a Director at Citigroup Global Markets, Inc./Citi Order Routing and Execution, LLC, where he serves as the Head of Electronic Option Execution Sales and Strategy, responsible for Citigroup’s electronic options execution platform, including buy- and sell-side sales efforts, routing strategies and options market structure. From 2004-2010, he was a Director at Citigroup Derivatives Markets, Inc., where he acted as the liaison to the Options Market Maker Technology Group and was the Head of Equity Options Trading.
Mr. Winchester is very active in industry boards and committees, currently serving on the CBOE Option Advisory Board, CBOE SPX Advisory Committee and the STA Listed Options Committee. He has previously served on the ISE Board Of Directors, BOX Board of Directors and Audit Committee, along with numerous CBOE committees during the 15 years he was a member of the CBOE.
Douglas M. Yones, ChFC®
Head of Exchange Traded Products
New York Stock Exchange
Douglas Yones is currently the Head of Exchange Traded Products at the New York Stock Exchange, where he oversees the team responsible for the delivery of customized, full service end-to-end capabilities for ETP and Closed End Fund Issuers. From the moment an asset manager begins developing their product, the team at NYSE can help to drive product and index development, regulatory guidance and legal support, an unparalleled listing day experience, and long term enhancement of product growth and distribution alongside superior market quality and liquidity.
Prior to joining NYSE, Mr. Yones spent 17 years at The Vanguard Group, most recently as the Head of Domestic Equity Indexing/ETF Product Management. From 2007-2015, he worked on the development and launch of numerous ETFs in the U.S., U.K. and Canada. He also spent a number of years in Hong Kong, responsible for the development and launch of the regional ETF business for Vanguard in Asia.
Mr. Yones holds the Chartered Financial Consultant (ChFC®) designation with the American College, an MBA from Villanova University, an undergraduate degree from the Pennsylvania State University, and is a registered General Securities Principal with FINRA.
Director, Electronic Equity Trading
Sam Yudelovitch serves as Director, Electronic Equity Trading for IMC, overseeing the firm’s equity business development initiatives in the U.S. In this role, he is responsible for managing and cultivating relationships with the professional trading community and exploring partnerships that leverage IMC’s core capabilities as a global market maker.
Prior to joining IMC, Mr. Yudelovitch spent 10 years at UBS Investment Bank where he was head of the U.S. electronic broker dealer business. He was responsible for working with both buy-side and sell-side clients to improve upon their order routing and liquidity strategies. Under his leadership, the investment bank’s broker-dealer business grew to be one of the largest broker-dealer operations in the U.S.
Prior to UBS, Mr. Yudelovitch worked at Charles River Development where he focused on the successful launch and ongoing management of the Charles River FIX network. He began his career in various technical and account management roles at Instinet and Island ECN. He holds a Bachelor’s degree in Computer Science from New York University and lives in Chicago with his wife and two sons.
General Counsel and Corporate Secretary
OTC Markets Group
Dan Zinn is OTC Markets Group General Counsel and Corporate Secretary. He leads the company’s regulatory and policy making efforts and is often a speaker on over-the-counter equity markets. Prior to joining OTC Markets Group in 2010, he served as outside counsel to OTC Markets, as a partner at The Nelson Law Firm LLC. Previously, Mr. Zinn worked in the corporate office of AIG. He earned his JD at the Benjamin N. Cardozo School of Law and received his BS from Pennsylvania State University.