David M. Sobel, Esq. serves as JLG's FINRA Specialist and works closely with our counsel during FINRA regulatory examinations and investigations. Mr. Sobel spent 10 years as EVP, General Counsel and Chief Compliance Officer of Abel/Noser Corp., a FINRA / NYSE member broker/dealer. He was previously a partner at The Goldstein Law Group, P.C. where he concentrated in the areas of broker-dealer compliance/regulation, securities litigation, including arbitration and mediation, and disciplinary/enforcement matters at the SEC, NYSE, AMEX and FINRA. Mr. Sobel was a Floor Member of the New York Stock Exchange from 1982 through 1991 as a floor broker for both H.A. Brandt & Co. and First Options of Chicago, and as President of his own NYSE member firm, Ampro Securities, Inc. After leaving the NYSE floor, he was a Senior Equity Trader/Market Maker for Trimark Securities.
Mr. Sobel has an MS from Brooklyn College and a JD from Pace Law School where he was an Editor of the International Law Review. He has been a FINRA Arbitrator since 1998, was 2013 Chairman of the FINRA Small Firm Advisory Board, a two term District 10 Committee member, Former Board Member of the National Society of Compliance Professionals (NSCP) and Past-Chairman of the National Association of Independent Broker-Dealers (NAIBD).
Mr. Sobel has been quoted in and/or interviewed by: Compliance Reporter, Dow Jones Newswire, Complinet, Traders Magazine, Op/Risk and Compliance Magazine, Institutional Investor News, BD Week and is a frequent speaker at securities conferences for FINRA, NSCP, NRS, ACA, NAIBD, Strategy Institute and FMW. Recent Conference topics include: Managing Risk at Small BD, Internal Audits, Supervisory Responsibilities, ERISA, Soft Dollars, Conflicts of Interest, Social Networking and Forensic Compliance. He also is author of the chapter, "Your Relationship with FINRA" featured in the 2015 book Modern Compliance Best Practices for Securities & Finance.
- Broker-Dealer Examinations
- Broker-Dealer Compliance Programs
- Broker-Dealer Risk Management
- Broker-Dealer Expert Witness Services
- Los Angeles, CA, 11.02.2017
Legal Risk Management Tips
- Wolters Kluwer: Practical Compliance & Risk Management For the Securities Industry, 04.2017
Industry & Community Affiliations
Formerly Series 7, 14 & 24
Bar & Court Admissions
- Supreme Court of New York
- Supreme Court of Connecticut
- Southern District of New York
- Eastern District of New York
- 2nd Circuit Court of Appeals
J.D., Pace University School of Law, New York
M.S., Broadcasting, City University of New York - Brooklyn College, New York
B.A., Theater, LIU Brooklyn, New York