Nicholas Pallante

Nicholas Pallante is a founding partner, a Managing Director of Quadrant Regulatory Group and is a securities compliance professional with over 30 years of regulatory/compliance experience. During his 30 years in the industry, he has held multiple roles within FINRA including cycle examiner, cause examiner, and membership application supervisor. During his tenure at FINRA he acquired an advanced understanding of firm business models, business lines, customer bases, products and services.

Since forming Quadrant Regulatory Group Nicholas’ has expanded his expertise by acting as liaison during regulatory examinations, investigations, and inquiries of FINRA member broker-dealers, assisting with responding to formal actions including but not limited Acceptance, Waiver, and Consent settlement agreements, performing Supervisory Controls Testing, Anti-Money Laundering Testing, and Risk Assessments.

Expertise

• Multiple engagements with FINRA member broker-dealers acting as liaison between themselves and regulators. His expertise in this area has assisted broker-dealers in avoiding regulatory scrutiny and potential findings.
• Multiple engagements with FINRA member broker-dealers assisting with responding to formal actions including but not limited Acceptance, Waiver, and Consent settlement agreements. His expertise in this area has assisted broker-dealers with reduction in findings cited and monetary fines.
• Multiple engagements with FINRA member broker-dealers performing comprehensive supervisory controls testing to identify gaps in the supervisory procedures and address compliance deficiencies. His expertise in this area has assisted broker-dealers by identifying certain gaps within the Supervisory Controls program and recommending corrective actions ensuring compliance.
• Multiple engagements with FINRA member broker-dealers performing comprehensive AML testing to ensure compliance with the requirements of the USA PATRIOT Act, the Bank Secrecy Act, FINRA Rule 3310, and industry best practices. His expertise in this area has assisted broker-dealers by identifying certain gaps within the AML program and recommending corrective actions ensuring compliance.
• Multiple engagements with FINRA member broker-dealers performing comprehensive risk assessments to assist FINRA member broker-dealers identify areas of concern, remediate any issues identified, and strengthen compliance efforts to mitigate the risk of fines or penalties. His expertise in this area has assisted broker-dealers by identifying certain risks and recommending corrective actions ensuring compliance.