Hank Sanchez, Esq.

Hank Sanchez, Esq.

Managing Director

Hsanchez@batesgroup.com

T: (504) 450-9632 

Henry “Hank” Sanchez, Jr. is a Bates Group Managing Director and a seasoned compliance and legal professional with over 30 years of securities industry experience working with a wide range of companies, from small financial firms to national clients. He has extensive expertise in risk management, investment advising, financial legal issues, risk assessment, and compliance and due diligence.

Before joining Bates, Mr. Sanchez served as Managing Director of a compliance consulting firm, where he was engaged to act as contract Chief Compliance Officer, analyze compliance programs, assess product due diligence, develop a Conflicts of Interest program, testify as an expert witness, act as Independent Consultant on regulatory matters, and consult on a wide variety of issues. Prior to that, he was with LPL Financial Corporation, where he held compliance leadership roles as Vice President of Surveillance/Governance, Sr. Vice President/Chief Compliance Officer.

For more than 10 years, Mr. Sanchez was a regulator with both the SEC and FINRA. While with the SEC, he was assigned to the SEC’s Division of Market Regulation, working in the Office of Trading Practices, and the Office of Inspections, Options Branch. At FINRA, he served as regional counsel in FINRA Regulation’s Enforcement Department. He is also a FINRA Arbitrator.

Mr. Sanchez received his B.A. in Criminal Justice from Richard Stockton State College, his J.D. from Rutgers University School of Law - Newark, and his LLM with a Securities Regulation concentration from Georgetown University Law Center. He has also received a Compliance and Regulatory Professional Certification from the NASD/Wharton Institute. Mr. Sanchez is a frequent speaker at securities industry conferences and is also an accomplished writer, whose work has appeared in securities industry-related publications throughout his career.


Credentials

EXPERIENCE

Oyster Consulting, LLC, New Orleans, LA, Managing Director, 2015-2019

Oyster Consulting, LLC, New Orleans, LA, Associate Director, 2010-2014

LPL Financial, Vice President, Surveillance/Governance, Risk & Compliance, 2009-2010

LPL Financial, Senior Vice President/Chief Compliance Officer - Brokerage, 2007-2009

TIAA-CREF Individual & Institutional Services, Vice President/ Compliance Officer – Client Services, 2004-2005

High Mark Insurance and Financial Services, Vice President/General Counsel, 2003-2004

Reed Smith LLP, Of Counsel, 2001-2002

National Association of Securities Dealers, Inc., Counsel, Internal Review, 1999-2001

NASD Regulations, Inc., Regional Counsel, 1993-1999

Page & Bacek, Resident Partner, Concentration in Securities and Arbitration Litigation, 1991-1993

Bulter, Burnette & Pappas, Senior Associate, Director of Corporate and Securities Department, 1989-1991

Piper Rudnick LLP, Associate, Corporate and Securities Department, 1987-1989

U.S. Securities and Exchange Commission, Attorney-Advisor, Division of Market Regulation, Office of Inspections, Options Branch, 1986-1987

U.S. Securities and Exchange Commission, Attorney-Advisor, Division of Market Regulation, Office of Trading Practices, 1984-1986

First Investors Corporation, Law Clerk, 1982-1983

New Jersey State Police, New Jersey, State Trooper, 1977-1981

EDUCATION

Georgetown University Law Center – Washington, DC, LLM, Securities Regulation, 1985-1988

Rutgers University School of Law – Newark, NJ, JD, Law, 1981-1984

Stockton University – Galloway, NJ, BA, Criminal Justice, 1974-1977

PROFESSIONAL QUALIFICATIONS

Compliance and Regulatory Professional Certification – NASD Institute/Wharton program

FINRA Series 7, 24, and 79 registrations and the Life, Health and Variable insurance license

Bar Memberships: New Jersey (1984), Florida (1987), Pennsylvania (1984) (Inactive in PA), District of Columbia (2001)

Member of the SIFMA Compliance and Legal Society

National Society of Compliance Professionals Board of Directors 2003-2006

Member, Editorial Board, Practical Compliance & Risk Management for the Securities Industry – Wolters Kluwer

PUBLICATIONS

Compliance Developments in 2017 for Broker-Dealers – Practical Compliance & Risk Management for the Securities Industry (Vol. 11, No.1), January/February 2018

The New Regulatory Landscape – Practical Compliance & Risk Management for the Securities Industry – Wolters Kluwer, January 2018

SEC Issues Guidance on Form ADV Amendments – Are You Ready for October 1? – Blog Post, August 31, 2017

Form ADV Changes Are Around the Corner – Are You Ready? – Blog Post, August 2, 2017

The SEC’S 2017 Top Priorities: What They Are and What Compliance Professionals Need to Know – NSCP Currents, February, 2017

CCO Transparency in the SEC Spotlight – Blog Post, June 22, 2015

FINRA’s New Consolidated Supervision Rules – Hank Sanchez – Practical Compliance & Risk Management for the Securities Industry – Wolters Kluwer, September-October 2014

FINRA Wants You To Identify Your Conflicts of Interest – Hank Sanchez – NSCP Currents Magazine, November, 2013

NASD Proposes Rule That Would Require All Member Firms to Both Create and Maintain a Business Continuity Plan – NSCP Currents Magazine, September/October, 2002

The NASD’s Disciplinary Process and How It Relates To Individual Investors – American Association of Individual Investors Journal (Vol. XVI, No. 7), August, 1994

Monthly Checking Account Reconciliation: A Whole New Ballgame – Hillsborough County Bar Association Lawyer (Vol. 3, No. 9), June 1993

An Overview of the Securities Arbitration Process – Hillsborough County Bar Association Lawyer (Vol. 3, No. 7), April 1993

Reading and Understanding Brokerage Account Statements – American Association of Individual Investors Journal (Vol. XIV), November, 1992

Protecting Your Hard-Earned Money – Florida Gulf Coast Business Line, October, 1992

Limited Partnership Interests: What Are They Worth? – American Association of Individual Investors Journal (Vol. XIV), April, 1902

SPIC: What Happens If Your Brokerage Firm Fails? – American Association of Individual Investors Journal (Vol. XII), November, 1990

Discovery in Securities Arbitration – Federal Bar Association Newsletter, Summer, 1990

Resolving Broker Disputes: The Arbitration Process – American Association of Individual Investors Journal (Vol. XII), February, 1990

Should Claims Involving Public Customers Arising Under the Securities Exchange Act of 1934 be Subject to Compulsory Arbitration? – 10 Harvard Journal of Law & Public Policy 173, Winter 1987

Automat:ee