Formal Education & Licensing
- Wake Forest University, Joint Bachelors/Masters of Accountancy – 2007
- Certified Public Accountant (NY License #100649)
- Series Licenses 7, 15, 24, 27, 63, 79, 99, Notary Public
- Active Member on the NYSSCPA Stock Brokerage Committee & National Society of Compliance Professionals
Qualifications & Professional Highlights
Jay Gettenberg is the Managing Partner of Accounting and Compliance International (ACI), an industry leading provider of FinOp outsourcing and regulatory financial reporting for the broker dealer industry. He currently manages a team of 18 full-time staff, which is comprised of 6 licensed FinOps, 4 CPAs, and 6 bookkeepers.
ACI prepares the books and records and assists in the filing of nearly 100 quarterly Focus Reports for FINRA registered broker dealers conducting securities activities throughout the nation.
Philosophy
Jay is running for District 10 office to advocate for the small broker dealer community, whose members are generally not large enough to effectively advocate for themselves. Having been registered as FinOp for 45 broker dealers over the past 10 years, Jay has a strong understanding of the issues that small firms are facing in today’s regulatory environment. The District 10 Committee will serve as an invaluable tool for ACI clients, current and future, to have a voice and to express their concerns that may not otherwise be heard.
Some of the specific areas Jay intends to participate in are addressing the impact of increasing PCAOB annual audit fees, limiting public disclosures on FINRA BrokerCheck only to matters that have been substantiated and that directly impact the registered representative’s ability to perform their duties, and ensuring FINRA examinations are risk based and assist firms in complying with rules, rather than penalizing them for minor infractions that do not harm the investing public.
Jay believes that representing small broker dealers at ACI, serving on the NYSSCPA Stock Brokerage Committee, being an active member of the National Society of Compliance Professionals and obtaining nomination as a District 10 Committee Member will create newfound synergies between the FinOp, PCAOB audit and regulatory compliance communities and hopefully improve transparency and efficiencies within the broker dealer industry.