Wedbush Securities Hires Andrew Druch as Vice President
- Druch’s career encompasses stints at ING Bank, Rabobank, and most recently with Norway's largest financial services group DNB.
Los Angeles-based Wedbush Securities Inc, a provider of private and institutional brokerage in the US, has announced the appointment of Andrew Druch as Executive Vice President and General Counsel.
In his new capacity, Druch will oversee the company’s legal, compliance, surveillance, and regulatory practices, and also help maintain ties with domestic and international partners within the financial services industry.
Druch has gained extensive experience as a General Counsel in top global organizations through different business cycles. His career, which spans over three decades, encompasses several stints at ING Bank, Rabobank, and most recently with Norway's largest financial services group DNB.
Earlier in his career, he initially worked at the New York Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term then moved to Lehman Brothers and Drexel Burnham Lambert, where he stayed for over ten years serving across legal and compliance departments.
Wedbush bids to acquire investment adviser ABR
Founded in 1955, Wedbush Securities provides futures Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term and clearing services to major futures exchanges, supporting a variety of clients, including non-clearing FCMs, introducing brokers, professional traders, and institutions. Earlier last month, the company agreed to acquire the assets of technology-focused registered investment adviser ABR Investment Strategy LLC.
Announcing the appointment, Wedbush said in a statement: “We welcome Andrew and his deep knowledge of securities and banking laws, as the firm is poised for accelerated growth. We look forward to his counsel as we make further strides in our Wealth Management, Investment Banking, and ACAPS divisions, as well as building out our infrastructure, making additional asset acquisitions and expanding geographically.”
Druch also noted: “This is such a great time to join Wedbush, a time where the company is investing in its long-term growth. I’m thrilled to be in this new position for the firm, to provide legal guidance and perspective as we move forward.”
Los Angeles-based Wedbush Securities Inc, a provider of private and institutional brokerage in the US, has announced the appointment of Andrew Druch as Executive Vice President and General Counsel.
In his new capacity, Druch will oversee the company’s legal, compliance, surveillance, and regulatory practices, and also help maintain ties with domestic and international partners within the financial services industry.
Druch has gained extensive experience as a General Counsel in top global organizations through different business cycles. His career, which spans over three decades, encompasses several stints at ING Bank, Rabobank, and most recently with Norway's largest financial services group DNB.
Earlier in his career, he initially worked at the New York Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term then moved to Lehman Brothers and Drexel Burnham Lambert, where he stayed for over ten years serving across legal and compliance departments.
Wedbush bids to acquire investment adviser ABR
Founded in 1955, Wedbush Securities provides futures Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term and clearing services to major futures exchanges, supporting a variety of clients, including non-clearing FCMs, introducing brokers, professional traders, and institutions. Earlier last month, the company agreed to acquire the assets of technology-focused registered investment adviser ABR Investment Strategy LLC.
Announcing the appointment, Wedbush said in a statement: “We welcome Andrew and his deep knowledge of securities and banking laws, as the firm is poised for accelerated growth. We look forward to his counsel as we make further strides in our Wealth Management, Investment Banking, and ACAPS divisions, as well as building out our infrastructure, making additional asset acquisitions and expanding geographically.”
Druch also noted: “This is such a great time to join Wedbush, a time where the company is investing in its long-term growth. I’m thrilled to be in this new position for the firm, to provide legal guidance and perspective as we move forward.”