TP ICAP Names Former CFTC Director as Global Head of Compliance
- Amir Zaidi worked at the US regulator for nine years.
With compliance becoming increasingly important for brokers, TP ICAP has managed to secure a seasoned former US financial regulator, Amir Zaidi, as its global head of compliance, according to Financial News London.
According to the report, in his role as global head of compliance, Zaidi will be based in New York and report to the group general counsel of TP ICAP, Philip Price.
The interdealer broker has been strengthening its management team in recent months. As Finance Magnates reported, the company recently promoted Michel Planquart as the Chief Executive Officer (CEO) for its operations in the EMEA region.
Amir Zaidi joins TP ICAP from the CFTC
Zaidi joins the company after more than nine years with the US Commodity Futures Trading Commission (CFTC). His final position with the derivatives markets regulator was as a Director for the Division of Market Oversight.
According to his LinkedIn profile, Zaidi first joined the US regulator back in 2010 as special counsel for the Division of Market Oversight. In this role, he provided counsel to the Commission regarding a variety of issues, including rule implementation as well as surveillance and market oversight programs, among other things.
Before he was at the CFTC, Zaidi briefly worked in market Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term for FINRA, where he researched and analyzed manipulations in the equity markets, such as front-running, spoofing, and marking the close, his LinkedIn states.
During his career, which spans for more than two decades, he has also been an analyst at the Federal Reserve Bank of New York, as well as an associate at Goldman Sachs and Arnold & Porter LLP.
Speaking on his new role to Financial News London, Zaidi said: “It is clear that regulators are very focused on the role of interdealer brokers in financial markets and their operation of trading venues in support of a wide range of clients. I hope to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term my experience for TP ICAP and its clients and assist in the evolution of the firm’s compliance function.”
With compliance becoming increasingly important for brokers, TP ICAP has managed to secure a seasoned former US financial regulator, Amir Zaidi, as its global head of compliance, according to Financial News London.
According to the report, in his role as global head of compliance, Zaidi will be based in New York and report to the group general counsel of TP ICAP, Philip Price.
The interdealer broker has been strengthening its management team in recent months. As Finance Magnates reported, the company recently promoted Michel Planquart as the Chief Executive Officer (CEO) for its operations in the EMEA region.
Amir Zaidi joins TP ICAP from the CFTC
Zaidi joins the company after more than nine years with the US Commodity Futures Trading Commission (CFTC). His final position with the derivatives markets regulator was as a Director for the Division of Market Oversight.
According to his LinkedIn profile, Zaidi first joined the US regulator back in 2010 as special counsel for the Division of Market Oversight. In this role, he provided counsel to the Commission regarding a variety of issues, including rule implementation as well as surveillance and market oversight programs, among other things.
Before he was at the CFTC, Zaidi briefly worked in market Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term for FINRA, where he researched and analyzed manipulations in the equity markets, such as front-running, spoofing, and marking the close, his LinkedIn states.
During his career, which spans for more than two decades, he has also been an analyst at the Federal Reserve Bank of New York, as well as an associate at Goldman Sachs and Arnold & Porter LLP.
Speaking on his new role to Financial News London, Zaidi said: “It is clear that regulators are very focused on the role of interdealer brokers in financial markets and their operation of trading venues in support of a wide range of clients. I hope to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term my experience for TP ICAP and its clients and assist in the evolution of the firm’s compliance function.”