FINRA appoints di Florio to curb risk
Di Florio will be responsible for protecting US investors
The US Financial Industry Regulatory Authority has appointed Carlo di Florio as executive vice president, risk and strategy. In his new role, di Florio will lead FINRA’s office of risk, emerging regulatory issues, enterprise risk management and strategy.
Di Florio is currently director of the Securities and Exchange Commission’s office of compliance inspections and examinations. He will start at FINRA on 24 June, where he will be responsible for assessing the most significant risks to the investing public and market integrity and developing tools to counter those risks. He will also manage FINRA’s enterprise risk management program, covering internal governance, risk management, quality control and compliance.
Di Florio joined the SEC in 2010. Prior to working at the SEC, di Florio was a partner in the financial services regulatory practice at PricewaterhouseCoopers, where he specialised in corporate governance, enterprise risk management and regulatory compliance.
“Carlo’s expertise as a securities regulator will help FINRA focus its resources in the areas that pose the greatest threat to investors and markets,” said Richard Ketchum, chairman and chief executive at FINRA. “I am confident his leadership will enhance FINRA’s critical role as an investor guardian in America’s financial system.”
