Bart J. McDonald is the Executive Vice President and Chief Operating Officer of RRS. Mr. McDonald is
responsible for RRS’ investment advisory practice and has over sixteen years of public/private sector
regulatory compliance experience. Mr. McDonald’s experience includes a unique combination of advising and
auditing investment advisers, broker-dealers, hedge funds, investment companies and bank holding
companies relative to federal, state, and self-regulatory rules and regulations.
As a consultant, Mr. McDonald has conducted hundreds of compliance engagements to assess compliance
with securities industry rules and regulations. His clients have included the largest national and multinational
broker-dealers, investment advisers, banks, law firms and regulatory organizations. He has extensive
experience with all aspects of securities regulation, including portfolio management, performance marketing,
soft dollars, trading, market-making, sales practices, branch office supervision, financial audits, internal
controls and registrations. In addition, Mr. McDonald has guided over 500 FINRA members through the FINRA
New Member and Membership Continuance process. Mr. McDonald previously managed the broker-dealer
registrations department of a major compliance consulting and outsourcing business.
As a regulator, Mr. McDonald was a Branch Chief and Compliance Examiner with the Securities and
Exchange Commission’s Southeast Regional Office. Mr. McDonald was responsible for planning, conducting,
and supervising complex financial, operational and sales practice examinations of investment advisors, hedge
funds, broker-dealers, and investment companies. He also managed inspections of FINRA District Offices and
oversight examinations of the NYSE and FINRA. Mr. McDonald provided investigative support to the SEC’s
Enforcement staff on matters relating to fraudulent distributions and manipulation of securities,
misappropriation of customer funds, material misrepresentations, unregistered broker-dealer and investment
advisory activities, and undisclosed compensation. In addition, Mr. McDonald participated in several regulatory
task force sweep examinations with the SEC, SROs and state regulatory bodies.
Over the course of his career Mr. McDonald has been quoted in industry periodicals and asked to speak at
regulatory and industry training programs. His presentations include Compliance Program Structure, Portfolio
Management, Custody, Best Execution, Code of Ethics, Soft Dollars, Electronic Communications,
Performance Advertising, and the SEC’s Chief Compliance Officer Outreach Seminar.
Mr. McDonald received a Masters in Business Administration and a Bachelor of Arts in Economics from
Florida Atlantic University. He also holds the Certified Regulatory Compliance Professional designation from
the FINRA Institute at Wharton, and the NSCP Certified Securities Compliance Professional designation.
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