Jody Scharf is a Bates Group expert and consultant based in New Jersey with expertise in trading protocol and sales, Broker-Dealer rules and regulations, and all aspects of corporate and municipal bond protocols. Mr. Scharf successfully traded corporate and municipal bonds for nearly 40 years at two major investment banking houses, Lehman Brothers and Barclays. He traded corporate bonds at a retail sales broker-dealer for four years, working closely with investment representatives, and has also appeared as a fact witness on multiple FINRA cases.
During his career, Mr. Scharf was used a sounding board by legal and compliance for questions regarding trading protocols and sales. He provided measured trading within the boundaries for rules and regulations, and he was known for mentoring and coaching new hires. Mr. Scharf received his MBA from the New York Institute of Technology, holds Series 7, 53, 63 and 24 licenses, and is a certified FINRA arbitrator.
BARCLAYS INVESTMENT BANK, New York, NY 2008 – 2019
Municipal Bond Trader – Managing Director
Traded and actively managed a total return proprietary inventory of tax-exempt municipal bond odd-lots amounting to over 200-line items with daily capital commitments of $150MM in long positions.
LEHMAN BROTHERS, New York, NY 1999 – 2008
Senior Vice President – Municipal Bond Trader
Traded and managed a total return proprietary inventory of tax-exempt municipal bond odd-lots amounting to over 200-line items with daily capital commitments of $150MM in long positions.
GIBRALTAR SECURITIES, Morristown, NJ 1994 - 1999
Corporate Bond Trader
Provided Corporate bond offering, required specialized knowledge of bonds, including credit quality, issuer information, yield analysis, call and sinking fund features, insurance, and taxability of the bonds.
SHEARSON LEHMAN BROTHERS, New York, NY
Corporate Bond Trader
SHEARSON AMERICAN EXPRESS, New York, NY
Corporate Bond Liaison
New York Institute of Technology, New York, NY - Master of Business Administration (MBA), Specializing in Financial Instruments & Markets and Finance
S.U.N.Y Binghamton, Binghamton, NY - Bachelor of Arts (BA), Political Science
FINRA Certifications: Series 7, 63, 53 & 24
Former Instructor, NY Institute of Finance (Bonds and Markets)
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