Louis Dempsey is the founder and President of Renaissance Regulatory Services, Inc. Mr. Dempsey has over thirty years of public/private sector regulatory compliance and operations experience that includes a unique combination of advising and examining broker-dealers, investment advisers 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; and 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 such as 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 was also responsible for a quarterly newsletter focused on compliance and operations issues.
As a regulator, Mr. Dempsey has over twelve years of combined experience with the Securities and Exchange Commission and the Florida Division of Securities. He served as a Branch Chief and Staff Accountant with the Securities and Exchange Commission’s Miami Regional Office. While at the SEC, Mr. Dempsey was responsible for planning and managing complex financial, operational and sales practice examinations of broker-dealers and investment advisers. He also managed inspections of the FINRA District Offices, and managed oversight examinations of the NYSE and FINRA. Mr. Dempsey provided investigative support to the SEC’s Enforcement staff on several matters involving sales practices, market manipulation, and net capital. 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, and he assisted with staff training and development. Mr. Dempsey participated in various regulatory task force sweep examinations with the SEC, self-regulating organizations, 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, Trading and Market-Making Compliance, and Fixed Income Trading Practices.
Mr. Dempsey is currently a member of the Board of Directors for the National Society of Compliance Professionals, and the Board of Directors for the Florida Securities Dealers Association. He earned the Certified Regulatory Compliance professional designation from the FINRA Institute at Wharton, the NSCP Certified Securities Compliance Professional designation, and the ACAMS Certified AntiMoney Laundering Specialist designation. Mr. Dempsey received a Bachelor of Science in Economics with a focus in international trade and finance from the Florida State University.
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