Director of Regulatory Compliance
Michael Schaps brings over many years of real
world experience working in the financial services industry. Michael has functioned as a FINOP for both NYSE and FINRA member firms and in addition has held positions as a branch office manager and chief compliance officer. Prior to joining the LeGaye Law Group, Michael spent eleven years with a nationally recognized securities consulting firm as a regulatory consultant focusing on compliance matters for broker-dealers.
world experience working in the financial services industry. Michael has functioned as a FINOP for both NYSE and FINRA member firms and in addition has held positions as a branch office manager and chief compliance officer. Prior to joining the LeGaye Law Group, Michael spent eleven years with a nationally recognized securities consulting firm as a regulatory consultant focusing on compliance matters for broker-dealers.While with the LeGaye Law Group, Michael’s responsibilities include the oversight and handling of matters such as:
- Anti-Money Laundering
- FINRA examination preparation
- New Member Applications
- Continuing Member Applications
- Business Continuity Plans
- Privacy Policy Testing
- Preparation and review of Written Supervisory Procedures
- Client regulatory financial preparation and reporting
Employment
Michael Schaps has previously served in various accounting positions for over fifteen years in the Financial Services Industry. Michael also proudly served as a commissioned officer in the National Guard and Army Reserve.
Education
BBA Accounting – Bernard Baruch College of the City Of New York
Current Regulatory Registrations
- FINRA Series 27 Financial and Operations Principal
- Series 7 General Securities Representative
- Series 9/10 General Sales Supervisor
Speaking Presentations
Michael Schaps has served as a speaker for various financial industry associations and financial institutions, including:
- SILA (Securities Industry Licensing Association)
- Mesirow Financial