Peter Flynn, Senior Regulatory Adviser
Mr. Flynn is currently engaged in the private practice of law and works collaboratively with ITA Compliance, LLC, on examination projects and consulting. He specializes in SEC, state and self-regulatory issues affecting broker-dealers and investment advisers; proving expert testimony in securities-related arbitrations, civil actions and administrative hearings. Supporting corporate clients in a wide variety of business-related matters involving corporate governance, employee/employer issues, contract and vendor agreement review and advice.
Prior to private practice, Mr. Flynn was a Chief Compliance Officer and duties included overseeing the day-to-day operations of an institutional research and investment banking firm of more than 200 employees. As the firmís Financial and Operational Principal and Compliance Officer, Mr. Flynn oversaw compliance by the firm and its employees with the rules and regulations of the Securities and Exchange Commission, the National Association of Securities Dealers, and state and federal laws. Among those duties are: (i) overseeing the firmís trading and market-making activities for compliance with SEC and NASDAQ reporting, order-handling, and best execution requirement; (ii) ensuring the integrity of the firmís Information Barrier procedures between investment banking and other departments within the firm; (iii) overseeing the implementation of the rules relating to research analyst activities and separation from banking activities; (iv) monitoring the firmís Anti-Money Laundering procedures; (v) registration of the firm and its registered employees with regulatory authorities and states; (vi) preparing and filing Focus filings, maintenance of firmís books and records; (vii) implementing and monitoring software programs to archive and screen electronic communications; (viii) reviewing the allocation of underwritings; and, (ix) reviewing retail operations and conducting periodic compliance reviews.
Prior to his role as Chief Compliance Officer, Mr. Flynn held a number of senior level positions over a 22-year career at the Securities and Exchange Commission including Special Counsel and Assistant Regional Administrator. As Assistant Regional Administrator, Mr. Flynn had primary responsibility for the Commissionís examination program for broker-dealers, investment advisers, investment companies and transfer agents located in New England. This included some of the largest investment company complexes and investment advisers in the country.
Both during his tenure as the Assistant Regional Administrator and in other positions at the Agency, Mr. Flynn was directly involved in the examination of broker-dealers, investment advisers and mutual funds to ensure compliance with the federal securities laws. He was also responsible for reviewing the examination program administered by the District office of NASD to assess the quality of the work performed by its examiners in meeting its regulatory challenge.
FINRA Series 7, 24 and 27 (active)
Suffolk University Law School, Boston, MA Ė J.D.
Boston College, Boston, MA - B.S, Accounting