ACI is pleased to share that Jay Gettenberg, CEO and Managing Partner of ACI, has been elected to FINRA’s Board of Governors, filling the small firm seat.
Jay has spent more than 20 years working with small and mid-sized broker-dealers as a CPA and Series 27 FinOp. He has led ACI through supporting more than 200 FINRA member firm clients each month — including ~200 broker-dealer audits annually and involvement in approximately 25% of all new FINRA broker-dealer formations in the U.S. over the past five years. Most recently, he was appointed CEO and FinOp of ACI Capital Markets LLC, ACI’s affiliated broker-dealer.
With a front-line perspective on how audit costs, compliance requirements and new firm formation rules play out in practice, Jay brings a unique perspective to the Board, with deep knowledge spanning across FinOp services, FINRA New Member Applications, FINRA/SEC exam support, and regulatory financial reporting, bookkeeping and accounting services.
Jay has previously served on FINRA’s Small Firm Advisory Committee and District 10 Committee, where he participated directly in regulatory discussions and industry roundtables. He has also advocated to Congress for a more proportionate approach to PCAOB audit requirements for small firms.
In the small firm seat, Jay will:
- Continue advocating for a more proportionate, economically sustainable approach to PCAOB audit costs
- Deepen dialogue between the Board and member firms in a constructive, solutions-oriented way
- Support regulation that protects investors while remaining sustainable for member firms
As Jay’s term begins, he looks forward to sharing updates on his work and hearing directly from the small firm community about the changes they’d like to see.
For firms navigating today’s regulatory landscape, ACI’s team remains available to help — from New Member Applications to ongoing FinOp Services, Regulatory Financial Reporting, and Audit Preparation. Reach out to start a conversation.