GMAG is proud to announce that it is expanding its roster of partners with the addition of Jim Buckley and Sue-Lui Facendola. These two veteran regulators will add considerable power to GMAG’s compliance and regulatory oversight practice.
GMAG is an advisory partnership focused on US and International Capital Markets with special attention given to compliance, regulation, technology and operations of Broker-Dealers and Exchanges and other related clients.
Headquartered at 85 Broad Street, GMAG is perfectly situated to provide value to its portfolio of clients.
Jim Buckley has deep experience in exchange regulation and compliance, most recently at National Stock Exchange, Inc. (NSX) where he held the positions of Senior Regulatory Counsel from May 2013 to June 2014 and Chief Regulatory Officer from June 2014 to March 2017.
In that capacity, Jim was responsible for managing the regulatory and compliance functions of NSX, including surveillances of member trading on NSX and the exchange’s internal compliance functions. He also oversaw the filing of proposed rule changes with the Securities and Exchange Commission.
Before joining NSX, Jim spent more than 20 years at the NYSE, where he was the head of Compliance for NYSE Euronext’s U.S. exchanges, responsible for ensuring that the NYSE, NYSE American, and NYSE Arca complied with federal securities laws. Prior to that, he
managed a department in NYSE’s Market Surveillance Division that surveilled activity on the NYSE Trading Floor. Jim also led the Exchange’s Regulatory Quality Review group and was a Director in the Exchange’s Enforcement Division.
Jim holds a JD degree from Pace University School of Law, an MA degree in Communications from Fordham University, and a BA in Political Science from Iona College. He is an attorney admitted to practice in New York.
Sue-Lui Facendola has extensive experience in handling regulatory matters specifically those involving market integrity. Sue was a Vice President for Market Surveillance at the Financial Industry Regulatory Authority (FINRA), where she oversaw surveillance of various regulatory compliance areas such as Market Access, Information Barriers, Best Execution/Order Handling Practices, Alternative Trading Systems, Manipulation, and Supervision.
Sue managed a robust surveillance program for equities trading that included surveillance pattern development, analysis of surveillance output, conduct investigations, and collaborate with legal in bringing enforcement actions. Concurrent with her surveillance responsibilities, Sue successfully lead an examination program that was dedicated to reviews of high-risk regulatory areas and also developed a Fixed Income trading examination program. Prior to working at FINRA, Sue was a Vice President at NYSE Regulation, where she was responsible for overhauling and updating the NYSE’s market surveillance program as the Exchange transitioned from a manual market to an electronic market.
In addition to her regulatory experience, Sue previously served in various compliance roles at Morgan Stanley and Citigroup Global Markets. She provided compliance coverage to the firms’ institutional trading businesses including advisory, training, surveillance, and regulatory technology-related initiatives. Sue earned her J.D. from Southern Methodist University Dedman School of Law and her B.S. in Management from St. John’s University.
Jim and Sue will be joining GMAG Managing Members Kevin Trimble, Charles Dolan, Daniel Labovitz and Lou Pastina.