08.22.22

FINRA Board Elects Industry Outsider Eric Noll as New Chair

by: Sam Del Rowe

The Financial Industry Regulatory Authority (FINRA) announced that its board of governors has elected Eric Noll as its next chair. Noll, who is currently a public governor on the board, succeeds Eileen Murray, whose term on the board and service as chair ended at the regulator's annual meeting of its member firms on Aug. 19. Noll is the CEO of Context Capital Partners and has held leadership positions at Convergex and NASDAQ. FINRA small-firm members, meanwhile, have reelected Linde Murphy as a small-firm governor on the board for a second three-year term. Murphy is the president and chief compliance officer of M.E. Allison & Co. The FINRA board has also appointed two new public governors: Moira Kilcoyne and Fabiola Arredondo. Kilcoyne spent more than 26 years in leadership positions at Morgan Stanley, while Arredondo is the managing partner of Siempre Holdings.

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