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Walter A. KapuscinskiAccomplishment and Employment Biography |
PART ONE: SECURITIES INDUSTRY ADVISORY AND CONSULTING EXPERIENCE
Over fifty years of progressive administrative, compliance, options, trading and sales supervisory, and operational related experience in both the public and private sectors, and qualified in the US as a General Securities Principal, Registered Options and Security Futures Principal, Municipal Securities Principal, General Securities Sales Supervisor, Branch Office Manager, Registered Representative, Investment Banking Representative, Operations Professional, and previously in the UK as a Manager, and General Representative. Associated with the Securities Industry and Financial Markets Association Membership, and formally the Self-Regulation and Supervisory Practices Committees, and is a member of their Compliance and Legal Division, as well as an active arbitrator for the Financial Industry Regulatory Authority, and a former member of the Emerging Markets Traders Association. With this extensive background and depth of experience he has the ability to gage the pulse of the financial service’s market environment as it relates to your specific needs.
Kapco Group Inc
PresidentDecember 1998 to Present
Independent advisor to the financial services industry, providing compliance, administrative, operational, trade support, supervisory, and general management advice to local, national, and international financial organizations.
MAJOR CLIENT ASSIGNMENTS
Ongoing Assignments
Concluded Assignments
Investment in Domestic and International Securities
Chief Compliance OfficerNovember 2023 to June 2024
The firm provides a range of services in the areas of investments to the domestic and international to the retail community. Oversee general compliance issues, provide guidance and support to senior management.
Securities Administrator and Transfer Agent Services
Interim President and Chief Compliance OfficerSeptember 2018 to June 2024
Transfer Agent Services include Shareholder Relations, Record Keeping, Transfer Agency, Dividend/Distribution Paying Agent, and Tax Return Preparation through high performance securities administration including transfer agent services and investor relations software. Oversee general compliance issues and monitoring, and regulatory interaction.
Foreign Owned Broker Providing Investment and Financial Consulting
Chief Compliance OfficerJuly 2017 to June 2024
The Firm’s core business is facilitating contacts by its foreign affiliates, distributing research created by these affiliates with US major US institutional investors, pursuant to Rule 15a-6 agreements and soliciting transactions in equity securities of foreign issuers. The Firm acts as a selling group participant on a best effort’s basis. The Firm acts as a placement agent or finder in private placements of equity securities under Regulation D or Rule 144A, Duties include general compliance oversight, and regulatory interaction.
Mutual Fund Underwriter or sponsor
Interim Chief Compliance OfficerJune 2022 to January 2024
The Firms main business is in the international Mutual Fund Area of the Financial services industry. It also participates in the Private Placement of securities. Duties include general compliance oversight of the securities related business.
Foreign Owned Investment Banking and Financial Advisor
Chief Compliance Officer December 2016 to November 2023
The Firm acts as financial adviser in connection with mergeers, acquistions, sales of businesses or assets, corporate divestitures or other corporate restructuring and providing corporate finance advice, including advising issuers in connection with capital raising activities, acting as a finder, including qualifying or soliciting potential institutional investors or transaction participants for M&A; or capital raising transactions and serving as the U.S. intermediating broker for its foreign broker-dealer affiliates pursuant to SEC Rule 15a-6. Duties include general compliance oversight, and regulatory interaction.
Investment and Financial Planning Broker
Chief Compliance Officer July 2014 to July 2020
The firm provides a full range of services in the areas of investments and financial counseling to the retail community. Oversee general compliance issues and monitoring, and regulatory interaction.
Domestic Wholesaling and Private Placement Agent
Chief Compliance Officer March 2017 to May 2019
The Firm acts as a wholesaling broker-dealer, selling interests in various types of direct investment products, including, without limitation, private real estate investment programs and operating businesses, and acts as placement agent or finder in private placements of equity or fixed income securities or placement agent in sales of limited partnership interests in real estate or private operating companies to other broker-dealers or to institutional or accredited investors. Duties include general compliance oversight, and regulatory interaction.
Trading Platform Software Provider
Chief Compliance Officer June 2018 to February 2019
The Firm provides a trading platform to its broker-dealer clients, for which the Firm may receive compensation or per share compensation related software agreements. Oversee general compliance issues and monitoring, and regulatory interaction.
Domestic Underwriting Broker President and Chief Compliance Officer July 2006 to December 2018
The company is an affiliate of a major participant in the shipping industry which combines shipping and energy expertise to provide a broad range of advisory services to industry participants and the investment community. Clients benefit from its worldwide network of contacts in shipping and finance as well as access to resources, deep experience and relationships of its parent company. The firm works closely with leading investment banks and provides introductions, manages relationships, advises on bank selection and structure, and guides management step-by-step through the process of accessing public and private markets. In addition, investment banks and private equity firms rely on the broker dealer for its wide-reaching access to the shipping community. Services include: Public Offerings Advisory and Underwriting; Private Placements and; Mergers & Acquisitions. Duties include Firm Management compliance monitoring, supervisory oversight, and regulatory interaction.
Large Retirement Plan Administrator
Interim Marketing Principal January 2018 to November 2018
Oversee general marketing and advertising compliance functions as the organization identifies a successor.
Full Service Broker Municipal Principal February 2013 to March 2015
The firm conducts a general brokerage business with domestic customers and investment banking activities. Oversee the firms emerging municipal broker business.
Oil and Gas Wholesaler Principal/Chief Compliance Officer June 2011 to March 2012
The firm participates in the securities business by selling oil and gas interests through other broker dealers, as well as tax shelters and limited partnerships in primary distributions, and is involved in the private placement of securities. Duties include compliance monitoring, supervisory oversight, and regulatory interaction.
Investment Boutique Chief Compliance Officer October 2010 to March 2011
The firm is a boutique investment bank and institutional broker-dealer focused on providing independent financial advice and unique capital markets expertise to corporate and institutional clients in capital intensive industries and focusing on raising capital efficiently for its clients, and is a leader in At-the-Market issuance (ATM). Duties include General compliance oversight.
Domestic Broker Affiliate of Foreign Company General Securities Principal April 2008 to August 2008
This broker dealer is a subsidiary of an international financial institution located in Latin America. The company provides clients the ability to participate in the US marketplace. Duties included general management and supervision of sales and marketing on an interim basis.
Foreign Bank Affiliated Broker Senior Registered Options Principal August 2007 to November 2007
This broker dealer is a subsidiary of a major international financial institution located in Latin America and provides clients the ability to participate in the US marketplace. Duties included supervision of sales and marketing of Options products on an interim basis.
Domestic Affiliate of European Bank Chief Compliance Officer February 2006 to October 2007
This broker dealer subsidiary of a major international European bank provides clients the ability to originate and structure public offerings of equity, equity-linked and debt securities through underwritings on a firm commitment and best efforts basis; to originate, structure, and distribute private placements of equity, equity-linked and debt securities including transactions marketed via Rule 144a, Regulation S or as traditional private placements; and provide financial advisory services including mergers and acquisitions and financial restructuring services. Duties include compliance monitoring and supervisory oversight.
Venture Capital Agent June 2005 to March 2006
Acted as purchasing agent for five New York Stock Exchange Memberships on behalf of a group of individuals that were bearish about the positive impact the ARCA merger would have on the value of a membership.
Domestic Broker President April 2005 to April 2006
The Company engaged in the development and distribution of proprietary trading systems to be utilized by institutional and other professional investors.
Large US Bank Affiliated Broker Chief Compliance Officer November 2004 to April 2006
Served as Chief Compliance Officer to the brokerage subsidiary of a major US bank and registered transfer agent. Clients included individual, institutional and transfer agent employees. Major duties included management of compliance department personnel, compliance oversight of the creation of sales and marketing material, supervision of trade surveillance process, and operational liaison. Served as primary regulatory interface as Executive Representative with the NASD (now known as FINRA).
High Visibility Broker and AdvisorVice President November 1998 to February 2004
Served as Principal Executive Officer to this subsidiary of a major European based international financial organization dealing with private placement of funds to high net worth clients, domestically and internationally. Duties included supervision of sales, marketing, research, and compliance areas, as well as primary regulatory interface (Executive Representative). Secondary responsibilities included Investment Advisor and National Futures Association interface.
US Affiliate of Large Eastern European Broker Executive Vice President November 1996 to March 1999
Charged with Chief Administrative Officer responsibility for the general management of this US arm of one of the premier Russian based brokerage organizations. Responsibilities included the day to day supervision of nine registered sales and trading individuals. Oversaw and approved new accounts as well as client interrelationships. Supervisory responsibility included Derivative Products (Options), sales and trading activities, compliance with the proper distribution of new issues, research, and outgoing correspondence. Daily and monthly supervisory, management and compliance responsibilities over customer and firm activities. General oversight of the operational interface with US Clearing firm and overseas affiliated companies. Primary regulatory interface as Executive Representative with the NASD (now known as FINRA).
Distressed Securities Broker Vice President February 1997 to October 1997
Served as Senior Registered Options Principal of a major player involved in the marketing of distressed securities. Charged with the overall responsibility for the firm's options business, which included sales, administrative, and operational duties. Involved in marketing when option products (both listed and over-the-counter) were utilized as part of the overall strategy. Also handled all aspects of compliance for equities (market making) and fixed income products, and acted as the secondary regulatory interface.
Premier Market Maker Vice President April 1996 to May 1996
Served as Compliance Officer and participated on compliance related project involving the Market Making division.
Large Consulting Firm Independent Contractor/Senior Consultant January 1996 to January 2004
Provided both specialized and general consulting services to the International and Domestic Financial Services Industry. Clients included a variety of Broker/Dealers, Banks, Dealer Banks, Investment Advisors, Hedge Funds, and other providers of Financial Services, and the Financial Services Industry. Specialized in start up companies with both Domestic and International products, providing advice with respect to sales and trading, regulatory management, and registrations, accounting and bookkeeping, payroll and tax reporting, blue sky matters, compliance issues, and legal, audit and regulatory interface. Also provided management, and compliance consulting, including the preparation of customized policy and procedure manuals, for compliance, supervision (front and middle office), as well as operations. This included working with in-house or outside counsel to ensure each unique business facet was addressed and that risk management was not neglected.
PART TWO: SECURITIES INDUSTRY EMPLOYMENT AND SUPERVISORY EXPERIENCE
Affiliated Broker of Large Latin American Bank Vice President, Secretary, and Director May 1990 to January 1996
Initially functioned as the Branch Manager and a Principal in the New York Sales office location of a Houston based Broker Dealer, which was an affiliate of the third largest Mexican financial group. Charged with management of the overall sales, marketing and the trading efforts, of the firm's only sales office. Assisted in the relocation of the firms back office functions to New York, and the closing of the Houston facility. Maintained general supervisory duties coupled with that of compliance officer, and performed the functions of Registered Options Principal and Municipal Securities Principal. Was an integral member of a team responsible for the financial growth of the organization to 100 million dollars within five years of its inception.
Corporate Finance Broker Senior VP and Chief Operating Officer September 1989 to February 1990
Responsible for day to day management of this corporate finance consulting, underwriting and market making Broker Dealer with primary responsibility for the orderly dissolution and liquidation of the firm including distribution of assets to the partners.
Futures Commission Merchant President June 1988 to May 1993
Oversaw all functions and reported to the Board of Directors
Largest Broker Servicing Independent Brokers First VP, Associate Compliance Director
Compliance Registered Options PrincipalMay 1987 to September 1989
Compliance Registered Options Principal
Supervised firm option business, approved new accounts, advertising and marketing programs. Supervised various Investment Advisory firms, financial consultants, branch audit department, fixed income and municipal bond sales, and the surveillance function.
Largest US Bank Broker Dealer Affiliate Vice President, Director
Principal Executive OfficerJanuary 1984 to May 1987
Principal Executive Officer
Employed by one of the world's largest financial conglomerates as Vice President and Principal Executive Officer of its retail brokerage subsidiary. Reported directly to the Board of Directors. Along with two other principals, helped to create and develop this entity, which when merged with a sister company's ongoing discount consumer brokerage service saw it's capital position grow to well in excess of 8 million dollars.
Subsequently took over all of the general administrative duties of the subsidiary. Responsibilities included the oversight of administrative, compliance, sales/marketing/advertising and trading activities as well as interface with the legal department. This included regulatory overview and interaction, with all operating divisions, and subsidiaries, and acting as liaison with security industry regulators. Also included were restricted securities sales (Rule 144), and enhancement of product services.
Full Service Broker Vice President, Secretary
Branch Office ManagerMay 1983 to January 1984
Branch Office Manager
Managed the main office sales branch and reported directly to the president. Supervised sales and support staff, and was responsible for the day-to-day operations of the sales related activity of the New York operation.
Largest NYSE Specialist Assistant Director of Compliance
MSRB PrincipalJanuary 1983 to May 1983
MSRB Principal
Responsible for managing the day-to-day functionality of the compliance department, and assisted in the supervision of the firm's municipal securities business.
First Publicly Traded Broker Assistant Director of Compliance July 1980 to January 1983
Responsibilities included surveillance of the firm’s equities, fixed income, options business, and compliance related financial reporting for an Investment Advisor affiliate.
Premier Full Service Broker NY Retail Compliance Manger March 1976 to July 1980
Assisted senior management with the compliance related functions of the New York branch that consisted of five separate boardrooms.
Large Retail Broker (Wirehouse) Branch Examiner September 1975 to March 1976
Conducted routine branch inspections.
Largest Stock Exchange Regulation and Surveillance February 1966 to March 1974
Performed various functions that included registration of individuals, review of corporate documentation, and assisting in membership purchases and sales.
Part Three: Education
IONA College Bachelor of Science Degree
Part Four: Securities Industry License Qualifications
Domestic
Domestic
Part Five: Personal Affiliations
Securities Industry and Financial Markets Association ("SIFMA")
Formerly:
Member Compliance and Legal division
Member of the Self-Regulation and Supervisory Practices Committee
Member of the Membership Committee
Arbitrator, FINRA Arbitration Program Chairperson and Panel Member
Formerly a member of the National Society of Compliance Professionals
Formerly a member of the Emerging Markets Traders Association
Participate as an Essay Judge for the Foundation for Investor Education and the Securities Industry and Financial Markets Association.
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