Financial Commission Adds Nir Porat to its Dispute Resolution Committee

The Financial Commission (FinaCom), an independent provider of compliance solutions, has added Nir Porat, Co-Managing Partner at Ben Basat, Porat & Co., as the newest member of its Dispute Resolution Committee (DRC), according to a Financial Commission statement.

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The DRC serves as the Financial Commission’s paramount body for resolving trader-broker conflicts – the unit is staffed by executives from leading companies in the financial services industry. Mr. Porat’s addition to the DRC brings a penchant of corporate and international law to the organization’s panel, having garnered experience in several relevant fields over his career.

Diverse Skill set

Mr. Porat is currently the Co-Managing Partner at Ben Basat, Porat & Co., an international law firm based in Tel Aviv. He maintains a specialty in both corporate and international law departments, boasting expertise in such realms as capital markets, including foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX), binary options, electronic Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term, and others.

According to the Financial Commission Chairman, Peter Tatarnikov, in a recent statement on the appointment to the DRC: “Nir brings a proven track-record in dealing with complex technology and capital markets-related legal matters to Financial Commission’s Dispute Resolution Committee."

“Nir’s experience with a diverse range of corporate customers and across international jurisdictions further complements the collective ability for Financial Commission’s existing DRC. We are very pleased to welcome Nir as the latest DRC appointee,” he added.

“I am grateful to the members and the leadership of the Financial Commission for their decision to appoint me to the Dispute Resolution Committee. I look forward to bringing my experience to the already accomplished work of the Committee, and would like to wish great success to everyone involved with the process and works of the Commission,” noted Mr. Porat in an exclusive statement to Finance Magnates.