Michael R. Schaps*

Director of Regulatory ComplianceMichael R. Shaps - Director of Regulatory Compliance - LeGaye Law Firm

Michael R. Schaps brings many years of real world experience working in the financial services industry. Michael has functioned as a FINOP for both NYSE and FINRA member firms and in addition has held positions as a branch office manager and chief compliance officer. Michael has spent the last eleven years as a securities regulatory consultant focusing on compliance matters for broker-dealers such as:
  • Anti-Money Laundering
  • FINRA Examination Preparation
  • New Member Applications
  • Continuing Member Applications
  • Business Continuity Plans
  • Privacy Policy Testing
  • Preparation of Written Supervisory Procedures
  • Review of Written Supervisory Procedures

Employment

Michael R. Schaps has previously served in various accounting positions for over fifteen years in the Financial Services Industry. Michael also proudly served as a commissioned officer in the National Guard and Army Reserve.

Education

BBA Accounting – Bernard Baruch College of the City Of New York

Current Regulatory Registrations

  • FINRA Series 27 Financial and Operations Principal
  • Series 7 General Securities Representative
  • Series 9/10 General Sales Supervisor

Speaking Presentations

Michael R. Schaps has served as a speaker for various financial industry associations and financial institutions, including:

  • SILA (Securities Industry Licensing Association)
  • ¬†Mesirow Financial

 

*Michael R. Schaps is not licensed to practice law