Erik Aschenbrenner is a Bates Compliance Solutions consultant with over 40 years of experience in the securities industry. Mr. Aschenbrenner began his career as an attorney with the SEC and subsequently moved to the private sector where he has been the Director of Investor Services for Integrated Resources, Inc., Associate General Counsel and Chief Compliance Officer for The Equitable Life Assurance Society (now known as AXA Advisors, LLC) and its broker-dealer subsidiaries, Senior Vice President and Director of Compliance for Oppenheimer & Co., Inc. (now known as CIBC World Markets Corp.), Senior Vice President and Corporate Compliance Officer for NationsBank (now known as Bank of America), and Managing Director of Legal, Compliance and Regulatory Affairs for BlueStone Capital Partners/Trade.com Online Securities, Inc., also serving as the Chief Operating Officer of its online trading division.
For the past 13 years, Mr. Aschenbrenner has been the head of a Compliance and Regulatory Services Consulting Practice. He recently concluded a two-year engagement in which he served as the Chief Operating Officer of a “hybrid” SEC-registered investment adviser. (Hybrid in the sense that the Investment Adviser Representatives of the RIA are also Registered Representatives of a national independent broker-dealer.) Mr. Aschenbrenner’s responsibilities involved overseeing the Compliance Department and its Legal personnel from the perspective of both its investment adviser and broker-dealer activities, in addition to directing various aspects of the firm’s business operations.
Mr. Aschenbrenner, as the Senior Vice President and Corporate Compliance Officer of NationsBank (n/k/a Bank of America), developed, implemented and administered a comprehensive program designed to ensure that securities compliance and risk management objectives were achieved in connection with all asset management lines of business, including the Bank’s three broker-dealer and five investment adviser lines of business as well as its Trust and Mutual Fund companies.
Mr. Aschenbrenner has also served as an Assistant Director of the NASD (FINRA) District 10 Office in New York City. He has been Vice Chairman of the NASD’s District 10 Business Conduct Committee, a member of the NASD National Market Regulation Committee and Chairman of its Examination Subcommittee. Mr. Aschenbrenner has served as an NASD arbitrator, chaired a number of NASD Disciplinary Hearing Panels, and has been a speaker and panel member at a number of industry conferences.
ASCHCO Consulting Group, Founder & CEO, May 2009 – Present
National Compliance Services, Inc., Senior Managing Director – Broker-Dealer Services, Jan 2008 – Apr 2009
The Response Companies, Senior Managing Director – Compliance and Regulatory Services, May 2002 – Dec 2007
BlueStone Capital Partners/Trade.com Online Securities, Managing Director – Legal, Compliance & Regulatory, Nov 1999 –Sep 2001 and Chief Operating Officer, Apr 1999 – Nov 1999
FINRA (f/k/a NASD Regulation, Inc.), Assistant Director, District No. 10, Sep 1997 – Apr 1999
NationsBank Corporation (n/k/a Bank of America), Senior Vice President and Corporate Compliance Officer, Apr 1996 – Aug 1997
Oppenheimer & Co., Inc. (n/k/a CIBC World Markets Corp.), Senior Vice President and Director of Compliance, Sep 1993 – Apr 1996
The Equitable Life Assurance Society (n/k/a AXA Advisors, LLC), Vice President and Associate General Counsel; ChiefCompliance Officer, Nov 1986 – Sep 1993
Integrated Resources, Inc., Director of Investor Services, Apr 1983 – Nov 1986
U.S. Securities and Exchange Commission, Senior Attorney, New York Regional Office, Apr 1975 – Apr 1983
Jaspan & Kaplan, Esqs., Law Clerk, Jun 1971 – Nov 1973
Staff of U.S. Senator Birch Bayh (D., Indiana), Legislative Assistant, Washington, D.C., Mar 1970 – May 1971
St. John’s University School of Law – J.D.
George Washington University National Law CenterLong Island University, C. W. Post Campus – Graduate Studies, Accounting
Colgate University – B.A.
Member of the NASD Market Regulation Committee (Chairman of Examinations Subcommittee) (1996-1997)
Vice Chairman (1991) and Member (1989-1991) of the NASD District No. 10 Business Conduct Committee
Member of the NASD District No. 10 Nominating Committee (1994-1995)
Served as an NASD Arbitrator (1990-1997)
Compliance and Legal Division of the Securities Industry and Financial Markets Association
National Society of Compliance Professionals
Admitted to New York State Bar
Series 7, 8, 14, 24 and 63 Licenses (inactive)
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