Louis Dempsey, is the founder and President of RRS. Mr. Dempsey has over nineteen years
of
public/private
sector regulatory, compliance and operations experience, which includes a
unique
combination of experience
in advising and auditing broker-dealers, investment advisors
and bank holding
companies relative to federal,
state, and self-regulatory rules and
regulations.
As a consultant, Mr. Dempsey has managed hundreds of engagements including compliance
examinations,
startups, mergers and acquisitions, creation of written compliance and
supervisory policies
and procedures,
expert witness support and regulatory mandates. 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 trading,
market-making, sales
practices, branch
office supervision, financial audits, internal controls and
registrations. Mr. Dempsey
previously
managed a compliance consulting and outsourcing business with
a staff of over 20
professionals.
In addition to product and service development, he has extensive
experience
with staffing, training, resource
allocation, budgeting and business development. He also was
responsible for a quarterly newsletter focused
on compliance and operations issues.
As a regulator, Mr. Dempsey has over ten years of combined experience with the Securities
and
Exchange
Commission and State of Florida Division of Securities. He was a Branch
Chief and Staff
Accountant with the
Securities and Exchange Commission’s Southeast Regional Office. While at the
SEC, Mr. Dempsey was
responsible for planning, conducting,
and supervising complex financial,
operational and sales practice
examinations of broker-dealers and investment advisers. He also managed
inspections of FINRA District
Offices and
oversight examinations of the NYSE and FINRA/NASD. Mr.
Dempsey provided investigative
support to the SEC’s Enforcement staff on several matters. During his
five years with the
Florida Division of
Securities, he supervised and conducted complex examinations and investigations of broker-dealers,
investment advisers and issuers as well as staff training and
development. Mr. Dempsey has participated in
several regulatory task force sweep
examinations with the
SEC, SROs and states.
Over the course of his career, Mr. Dempsey has been asked to speak at numerous regulatory
and
industry
training programs. His presentations include Compliance Structure and Internal
Controls,
Churning Analysis,
Red Flags in the Micro-cap Market, Branch Office Supervision,
Registered
Representative Compliance and
Trading and Market-Making Compliance.
Mr. Dempsey received a Bachelor of Science in Economics with a focus in international trade
and finance
from The Florida State University. He also holds the Certified Regulatory
Compliance Professional
designation
from the FINRA Institute at Wharton, and the NSCP Certified Securities Compliance Professional designation. |
