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.
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.
Bates Group is with you every step of the way. Contact us today for more information on how our End-to-End Solutions can help your firm.Contact Bates Group