Thomas M. Selman, CFA, has served at the Financial Industry Regulatory Authority, most recently as Executive Vice President for Regulatory Policy and Legal Compliance Officer, for over 20 years. Mr. Selman oversaw more than a dozen regulatory programs and developed FINRA's formal Compliance Program. He is devoted to investor protection and market integrity.
Mr. Selman holds a JD degree., a CFA charter, and a CBDA from the Digital Assets Council of Financial Professionals. He is a member of three state bar associations.
Litigation Support - As President and CEO of Scopus Financial Group, Mr. Selman provides expert testimony in litigation for any consumer, industry, or associate person who is litigating a matter in which SEC or FINRA rules is an issue, including civil actions brought by customers, industry disputes, and commercial litigation. He has successfully testified in four FINRA arbitrations, one Delaware Chancery Court trial, one AAA arbitration, one United States District Court case, one California court case, and one SEC enforcement matter. Mr. Selman's senior regulatory experience allows him insight into the best approaches to expert testimony and the concerns of a regulator.
Areas of Expertise:
- Rules governing supervision of associated persons of broker-dealers and investment advisers
- Required written supervisory procedures of firms
- Sales practice rules of the SEC (such as the fiduciary duty of investment advisers and Reg BI)
- The 1940 Acts
View Scopus Financial Group's Business Consultant Profile.
