Bao Nguyen specializes in recognizing and assessing compliance risks for broker-dealers, investment advisers and private funds. He provides clients with compliance solutions, such as annual compliance program reviews, anti-money laundering independent testing, supervisory control risk assessments, fraud investigations and customized compliance consultancy services. He has also assisted clients with broker-dealer and investment adviser registration with FINRA, the states, and the Securities and Exchange Commission regulatory examinations and investigations.
Before joining the firm, Bao was the chief compliance officer for a broker-dealer and registered investment advisor. He developed and implemented the firm’s supervisory systems to comply with federal and state securities law and FINRA Rules and Regulations. Moreover, as the anti-money laundering compliance officer, he was responsible for compliance with the USA PATRIOT Act and Bank Secrecy Act (BSA). Bao was also a lead examiner with FINRA for six years, where he examined FINRA member firms with respect to sales practice and financial reviews to determine compliance with federal and FINRA rules and regulations.
He speaks frequently at conferences and is an author with published articles in Bloomberg BNA and ACAMS. Bao is frequently quoted in publications such as ACAMS.com, IA Watch, WealthManagement.com and Compliance Week. He was a recipient of the Top 40 Under 40 award by the South Florida Business Journal.
Active in the community, Bao serves on the board of Families First of Palm Beach County Foundation and is an executive board member of ACAMS (South Florida Chapter). He is a Certified Anti-Money Laundering Specialist (CAMS) and Certified Fraud Examiner (CFE). Bao received his Certified Regulatory Compliance Professional (CRCP) from Wharton School of the University of Pennsylvania.