Jeff Holik

Jeff Holik

Jeff Holik consults and testifies as a Bates Group affiliate expert with broad knowledge of FINRA rules, broker-dealer compliance, and financial institution legal and regulatory risk management. His career in the financial services industry spans 25 years and includes a decade on the senior leadership team at NASD Regulation followed by many years of hands-on experience in the retail securities business as chief legal officer of a large, bank-affiliated, broker-dealer and adviser. This balanced combination of experience permits Jeff to speak with an authority and perspective that resonates with arbitration panels.

Mr. Holik developed a deep understanding of federal securities laws, FINRA rules, and the regulatory process during his tenure at NASD Regulation (FINRA), where he served in several executive management capacities supporting core regulatory functions. During his tenure, Jeff managed programs in the disciplinary, examination, and legal/policy areas, and as a member of the leadership team he was an active participant in the development of policy initiatives affecting member firms and investors. 

Building on this regulatory experience, Mr. Holik then served as chief legal officer for the retail securities business of PNC Bank. In that capacity, he advised the CEO, senior management, and the Board on compliance, governance, sales practice, and regulatory investigative matters. He was deeply involved in all aspects of the firm’s business, including new product approval and oversight; customer complaint management and resolution; employment, recruiting and broker transition issues; expansion of the firm’s advisory platform; readiness planning for fiduciary standards; marketing initiatives; and operational matters (including migration to a new clearing platform). He was also responsible for designing and assisting in the development of policies and practices to manage and reduce legal, financial, and regulatory risk.

Mr. Holik serves as an expert on numerous topics, with focus on FINRA rules and retail broker-dealer issues. He has particular interest and experience in suitability and supervision; new and complex products due diligence, including variable annuities; regulatory reporting, including Form U4/U5 questions; broker termination and employment matters; and governance, conflicts management and internal controls.


Jeff Holik

A Consultant and subject matter expert in these services:

  • Securities and Financial Services Litigation & Consulting
    • Retail
      • Securities and Financial Services Litigation & Consulting
      • Alternative Investments
      • Annuities
      • Auction Rate Securities (ARS)
      • Bad Faith
      • Banking
      • Broker Dealer (B-D)
      • Broker Obligations
      • Closed End Funds
      • Corporate Governance
      • Complex Products
      • Cybersecurity & Privacy
      • Data Breach & Risk Management
      • DOL Fiduciary Duty Rule
      • Employment Practices Liability
      • Equities
      • Elder Issues
      • Employment
      • Estate
      • ETFs
      • ETNs
      • Fiduciary Duties/Responsibilities
      • Fiduciary Investments
      • Financial Institution Sales
      • Former Regulators
      • Fraud
      • General Market Decline
      • Introducing Firm/Clearing Firm Relationship
      • Industry Standards
      • Investment Advisory
      • Limited Partnerships
      • Legal
      • Money Laundering
      • Mortgages
      • Municipal Securities
      • Mutual Fund Operations
      • Mutual Funds
      • Outside Business Activity
      • Private Placements
      • Private Securities Transactions
      • Portfolio Management
      • Preferred Securities
      • Real Estate Investment Trusts - REITs
      • Registered Investment Advisers - RIAs
      • Regulation Best Interest - Reg BI
      • Retirement Plans and IRAs
      • RIA Sales & Distribution
      • Risk Management
      • Selling Away
      • Senior Investors
      • Sales Supervision
      • Sales Practice
      • Structured Products/Structured Notes
      • Suitability
      • Supervision
      • Trusts
      • U-5 Reporting/Defamation
      • Volatility Linked/Leveraged Products
      • Wealth Management
      • Yield Enhancement Strategies - YES
      • Wrongful Termination
      • Regulatory & Internal Investigations
      • Financial Crimes
      • Employment & Labor
  • Regulatory & Internal Investigations
    • U.S. & Global Regulatory Investigations
    • Internal Investigations
  • Financial Crimes
    • Internal Investigations
  • Employment & Labor
    • U5 Filings



Matasar Jacobs LLC, Of Counsel, 2018 - Present

Shulman, Rogers, Gandal, Pordy and Ecker, Of Counsel, 2015 - 2018

The PNC Financial Services Group, Chief Legal Officer, Broker-Dealer, 2006 - 2015

NASD/FINRA, Senior Vice President, 1997 - 2006

Commodity Futures Trading Commission, Assistant General Counsel and Deputy Director of Enforcement, 1992 - 1997

Andrews Kurth LLP, Partner, Complex litigation and government investigations, 1989 - 1991

Baker & Hostetler LLP, Civil and criminal litigation practice, 1978 - 1989


The George Washington University Law School, J.D., with high honors, Order of the Coif, 1978

Union College, B.A., Government, Summa cum Laude, Phi Beta Kappa, 1975


General Counsel, Glen Echo Park Partnership for Arts & Culture, Inc., 2015 – Present

Serve as pro bono legal advisor to iconic and historic Glen Echo Park, once the Washington area’s premier amusement park, now home to thriving arts, dance and children’s theater programs, galleries, and classes operated by a non-profit partnership on behalf of the National Park Service.


Board of Trustees, Historic Annapolis, Inc., 2014 – 2016

Served as Chairman of the Governance and Nominating Committee for a leading non-profit dedicated to preservation of the historic places, objects and stories of Maryland’s capital city.