As a former Chief Compliance Officer and FINRA regulator, Mr. Klerk has a broad regulatory compliance background on both the street and regulatory sides of the industry.
On the street side, Mr. Klerk has been an executive team member serving as Chief Compliance Officer and Anti-Money Compliance Officer for investment banks, retail brokerage firms, high-frequency proprietary trading / hedge funds, investments advisors, investment companies, insurance companies, NFA members, MSRB members, Canadian IIROC members, British FCA members and more.
On the regulatory side, in prior regulatory roles within FINRA’s Member Regulation Department, Cause Department and Risk Oversight and Operational Regulation (“ROOR”) Department, Mr. Klerk has gained a comprehensive expertise in examining all facets of financial services firms.
Mr. Klerk has a degree in Business Administration and Finance from Central Michigan University, a professional certification in Financial Planning from Northwestern University, and is a graduate of the FINRA Institute at The Wharton School as well as the Securities Industry Institute® (SII) at The Wharton School, University of Pennsylvania. He has also passed numerous regulatory examinations and maintains various industry designations, including the CRCP®, CFE® and CAMS®.
Mr. Klerk has participated on numerous industry committees, working groups and boards, including those of the National Society of Compliance Professionals (NSCP), the Bond Dealers of America (BDA), the Securities Industry and Financial Markets Association (SIFMA), Charles Schwab Compliance Solutions Advisory Board and more. Additionally, Mr. Klerk has been a featured speaker at several industry events and has addressed many industry topics.