Overview

RegTec LLC is a provider of end-to-end solutions for the international financial services industry. The company is focused on meeting the needs of broker-dealers burdened by the complexities of complying with stringent rules streaming from multiple regulatory bodies in an environment where automation is continuing to grow and the use of multiple trading systems is common. During the past decade, the use of electronic systems for trading, order routing, and trade reporting has exploded along with the addition of alternative trading systems such as ECNs and new all-electronic exchanges. This unprecedented growth has in turn given rise to numerous rules and regulations established to better track order entry and execution quality, as well as systems to ensure compliance with these requirements. The need for advanced compliance, administrative and systems tools to address these changes has never been greater. RegTec meets this need by providing lower cost, broad-based, and transparent resources to those in the trading community and financial services industry that require a more efficient mechanism to address regulatory requirements and internal system needs related to compliance, communications, and administration of trading operations.

Gregory R. Rich, Principal

Greg Rich is an executive and regulatory expert whose exchange, legal and compliance background spans over a quarter century in listed options trading, SRO regulation, compliance, and securities law. He began his career as an independent Market Maker at the Midwest Options Exchange and later became Vice President of Trading and Operations for a self-clearing proprietary trading firm, and a member of the Chicago Board Options Exchange (“CBOE”). As Director of Market Regulation and Market Monitoring at the CBOE, he developed and directed a trading floor regulatory unit that was responsible for trading halts, rule interpretations, technical problem-solving, and on-site dispute resolution. His executive leadership led to his supervision of a team responsible for investigating potential violations of all exchange rules and to assist the CBOE’s Legal Department in instituting disciplinary actions against members and member firms. In this position, he supervised the regulatory requirements of numerous CBOE electronic trading initiatives. Greg’s specialized experience in the securities/derivatives industry includes: Extensive experience in SRO regulation, clearing and back office, NASD/SEC registrations, and Self Regulatory Organization (“SRO”) disciplinary hearings, experienced securities law attorney and founder of Regulation Technologies, a consulting firm specializing in regulatory compliance for broker-dealers and investment advisers. Greg holds four NASD registrations: Series 4 (Options Principal), Series 7 (General Securities Representative), Series 24 (General Securities Principal), Series 27 (Financial and Operations Principal).