FINRA Promotes Jonathan Sokobin to Executive Vice President and Head of New Office of Regulatory Economics and Market Analysis

FINRA Promotes Jonathan Sokobin to Executive Vice President and Head of New Office of Regulatory Economics and Market Analysis

WASHINGTON–(BUSINESS WIRE)–FINRA today announced the promotion of Jonathan Sokobin to Executive Vice President and Head of the new Office of Regulatory Economics and Market Analysis (REMA).

Sokobin, previously Senior Vice President and Chief Economist, will remain Chief Economist and a member of FINRA’s Executive Committee, and will continue to report to FINRA’s President and Chief Executive Officer, Robert Cook.

REMA brings together the Office of the Chief Economist (OCE) and the Office of Financial Innovation (OFI) to create a single team providing industry analysis, regulatory impact assessments and quantitative research on the regulation of securities markets. The 40-member team informs FINRA’s regulatory and regulatory policy agenda, identifies emerging regulatory risks, develops new methods to identify and measure harms and benefits to investors, and serves to strengthen oversight programs , review and enforcement by FINRA.

OCE conducts research and analysis in support of FINRA’s regulatory and policy programs. The Office works closely with the Office of the General Counsel and other departments to assess the economic implications of FINRA policies and programs. OCE also works with FINRA’s Regulatory Operations team to provide data, statistical and economic analysis to identify and measure regulatory risk and investor harm. OCE regularly publishes its research, including the Industry Snapshot, which provides a high-level overview of the industry informed by regulatory data collected by FINRA.

OFI helps FINRA identify emerging trends in the securities industry – including fintech-related developments – and understand their impact on investors, markets, and FINRA’s regulatory programs.

“The decision to bring together the expertise of the Office of the Chief Economist and the Office of Financial Innovation better leverages the respective strengths of the two groups to protect investors and promote market integrity,” Cook said. “I am confident that under Jonathan’s leadership, and guided by his extensive regulatory experience and expertise in economic and market analysis, REMA will serve to inform FINRA’s regulatory policies and programs and help advance our assignment.”

“I am delighted to lead the Office of Regulatory Economics and Market Analysis and our team of talented professionals,” said Sokobin. “REMA’s work will help inform operations and regulatory policy, providing a unique perspective to make them more agile and efficient in pursuing FINRA’s mission to protect investors and preserve market integrity.”

Prior to joining FINRA in 2013, Sokobin was with the U.S. Treasury Department, which he joined in 2011 as Chief of Analytical Strategy in the Office of Financial Research, later becoming Acting Deputy Director and Head of the Center for research at the Office of Financial Research in 2012. Prior to joining the Treasury Department, he was at the Securities and Exchange Commission (SEC), which he joined in 2000 and held various positions, including Chief Economist Deputy, Director of the former Office of Risk Assessment and Acting Director of the Division. risk, strategy and financial innovation. He began his career as a faculty member at the Cox School of Business at Southern Methodist University. He got his doctorate. and an MBA in finance from the University of Chicago Graduate School of Business, as well as a bachelor’s degree in economics from The Ohio State University.


FINRA is a not-for-profit organization dedicated to investor protection and market integrity. It regulates an essential part of the securities industry – the brokerage firms that do business with the public in the United States. FINRA, overseen by the SEC, writes rules, reviews and enforces compliance with FINRA rules and federal securities laws, registers broker-dealer personnel and provides education and training to them, and informs the investing public . In addition, FINRA provides surveillance and other regulatory services for the equity and options markets, as well as transaction reporting and other industry utilities. FINRA also administers a dispute resolution forum for investors and brokerage firms and their registered employees. For more information, visit

#FINRA #Promotes #Jonathan #Sokobin #Executive #Vice #President #Office #Regulatory #Economics #Market #Analysis

Leave a Comment

Your email address will not be published. Required fields are marked *