K. Michael Koch, Chief Operating Officer of MGL’s Regulatory Consulting Practice, has more than 25 years experience in the financial services industry, encompassing securities compliance, regulatory and brokerage disciplines. Mr. Koch’s areas of expertise include FINRA and SEC rules, regulations, and State Investment Adviser Rules.Mr. Koch oversees the delivery of compliance consulting services to broker/dealers and investment advisory firms for both initial registration and ongoing compliance needs. He also directs the licensing and registration efforts of MGL’s clients for broker/dealers and investment advisory firms.
Before joining MGL, Mr. Koch served as Senior Vice President/Compliance for Stanford Group Company, a major full service regional brokerage firm and affiliated investment advisers, where he was charged with compliance for the Private Client Group. His areas of responsibility included oversight of the firm’s audit program for 31 branch offices, regulatory responses, written supervisory procedures, advertising/sales literature review, transitions, investment advisory activities, insurance and registration activities.
Mr. Koch also served as Assistant Director of the Texas State Securities Board where he managed the Securities Board’s regulatory activities for the Houston area.
Prior to the Securities Board, Mr. Koch served as Chief Compliance Officer for Instinet Corporation/Protrader Group, LP in Austin, Texas where he oversaw all compliance activities. He was also Director of Compliance and Operations for NexTrend Trading, Inc. in Richardson, Texas and spent almost five years with FINRA where he served as a Senior Compliance Examiner conducting routine and cause examinations as well as managing the new member application process for District 6 in Dallas, Texas.
Mr. Koch spent aproximately ten years in the bank brokerage industry with such notable firms as Bank of America Investment Services, Inc., Comerica Securities, Inc. and NationsBanc Capital Markets.
Mr. Koch holds an MBA in Finance from the University of Texas-Arlington and a BBA in Finance from the University of Texas-San Antonio. He has also earned the Certified Regulatory and Compliance Professional (CRCP) designation from the FINRA Institute/Wharton School of Management and holds the Series 7, 24, 63 and 66 licenses.