FINRA Names Head of Enforcement, Consolidates Enforcement Functions

FINRA promoted Susan Schroeder to Executive Vice President and Head of Enforcement. Ms. Schroeder served previously as FINRA Senior Vice President and Deputy Chief of Enforcement, and has continued to serve as acting Head of Enforcement since the departure of Brad Bennett. Prior to joining FINRA, Ms. Schroeder was a partner at WilmerHale.

Additionally, FINRA plans to consolidate its enforcement teams into a single unit that Ms. Schroeder will lead. The consolidation comes as part of FINRA360, which is an initiative to review all aspects of FINRA's organizational performance.