Jon Kroeper, executive vice president, quality of markets, is leaving the Financial Industry Regulatory Authority (FINRA).
Kroeper joined FINRA in 2007 and has been responsible for the management of the equity and fixed income automated surveillance and investigatory program, including data integrity, market conduct, customer protection and market manipulation-related activity. He is leaving the self-regulatory organisation at the end of the year to pursue other opportunities.
On his departure, Kroeper said, “It has truly been an honour and privilege to be part of FINRA’s market surveillance leadership team for the last 16 years, working with our partners in FINRA Technology and other regulatory departments to build a world-class program and further FINRA’s mission.”
“Most of all, I thank the quality of markets team for their hard work, dedication and support. As the department moves into a new structure to continue meeting our regulatory mandate, I thought that this was a good time to move on to a new challenge,” Kroeper added.
Initiatives during Kroeper’s tenure include: Implementing the first fully cross-market equity surveillance program, covering all US equity market activity; developing the Rapid Remediation process, an innovative means of interacting with firms to quickly resolve market integrity and market conduct issues; and expanding FINRA’s fixed income surveillance program to cover agency debentures, securitized products, and US Treasury securities.
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