The US-based independent broker and technology firm, known under the ITG brand, and listed on the NYSE under ticker ITG, today announced that Thomas D. Shpetner will become its Global Chief Compliance Officer effective April 12th 2016. The company has offices in North Ameica, Europe and Asia-Pacific, where it focuses on institutional trading and liquidity solutions aimed at improving execution quality and efficiency across capital markets.
A well-decorated compliance candidate holding a J.D from Brooklyn Law School and a B.S. from Cornell, Mr. Shpetner has a long history of compliance experience including senior roles within large investment banks, and was Branch Chief for the Securities and Exchange Commission (SEC) earlier in his career.
He will be departing his current role at RBC Capital Markets where he oversaw compliance for the company’s commercial banking, and was head of U.S. equities compliance, after nearly 5 years at the company.
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Departing RBC to Start New Role April 12th
In the new senior role, Mr. Shpetner will report to ITG Managing Director and General Counsel Angelique DeSanto, according to the ITG press release, where she commented: “Tom is a well-regarded compliance professional who has the breadth of knowledge and experience needed to lead ITG’s global compliance team and I look forward to partnering with him.”
Before joining RBC in 2011, Mr. Shpetner held related positions overseeing regulatory audits and inquiries at Goldman Sachs, Barclays Capital, Lehman Brothers, and was equities compliance officer at Bloomberg Tradebook at the beginning of last decade.
ITG CEO and President Frank Troise commented in the press release: “Driving a disciplined and rigorous compliance culture is one of our key priorities. We are committed to acting in the best interests of our clients at all times. Tom has the experience and leadership to ensure that we are even better equipped to deliver on that commitment.”
The announcement follows just days after the company launched a new tool for algorithmic trading analysis.