Mark Painter is a Director, Regulatory Services for Renaissance Regulatory Services, Inc., a full-service consulting firm that offers a wide range of regulatory and compliance consulting services to broker-dealers and registered investment advisers. Mr. Painter has over thirty-five years of audit, regulatory compliance, and operations experience which includes a unique combination of advising and examining financial institutions relative to federal, state, and self-regulatory rules and regulations.
As an industry professional, Mr. Painter was an Audit Director where he planned, coordinated and conducted regulatory mandated examinations of branch offices and regional phone sites for a large multinational mutual fund complex / financial services company’s five retail and institutional broker-dealers. He communicated audit findings and developing trends in concise written reports delivered to each specific business unit’s senior enterprise management team. Mr. Painter reviewed team members’ examination results to ensure accuracy of testing, completeness of supporting documentation, and concise summary of applicable issues. In this role, he also assessed SEC, FINRA, MSRB and other regulatory, market and internal rule and policy changes to identify new examination priorities and implement testing to help mitigate exposure and associated risks.
Mr. Painter began his industry career at a large wire house broker-dealer where his previous positions included a public relations field liaison for a regional operations center providing operational advice and assistance to over forty branch offices and a compliance assistant where he managed administrative and compliance activities for three branch offices.
As a consultant, Mr. Painter has managed hundreds of engagements that include compliance examinations, startups, creation of written compliance policies and supervisory procedures and regulatory mandates. He has extensive experience with all aspects of securities regulation such as sales practices, branch office supervision, internal controls, and registrations. He has also performed regulatory consulting as an independent examiner as outlined in regulatory mandates entered into between broker-dealers and regulators. Resolution mandates included Class B and Class C mutual fund share cases. His clients have included broker-dealers, investment advisers, law firms, and regulatory organizations.
As a regulator, Mr. Painter served for eleven years as a Financial Specialist Coordinator /Examiner Analyst with the Florida Division of Securities. He was responsible for planning and managing complex financial, operational and sales practice examinations and investigations of broker-dealers, investment advisers and issuers. Mr. Painter also provided investigative support to the Division’s legal staff as well as guidance to state and federal prosecutor’s and law enforcement in various matters related to securities fraud. He participated in various regulatory task force sweep examinations with the SEC, self-regulating organizations, and states.
Mr. Painter received a Bachelor of Business Administration in Finance from Stetson University.