Regulation Counsel, IEX
$250-325k
+ New hire stock equity (RSUs) + Bonus
We do sponsor visas
Equity trading exchange
Open for applications
Equity trading exchange
201-500 employees
Open for applications
$250-325k
+ New hire stock equity (RSUs) + Bonus
We do sponsor visas
201-500 employees
Company mission
To innovate with a purpose: to drive trading performance for market participants.
Role
Who you are
- Hard working, strong team player with excellent written and verbal communication skills
- Self-starter with appetite for a fast-paced environment
- Strong strategic thinker with meticulous attention to detail
- Keen interest in equity derivatives market structure and functionality
- Firm dedication to the core values of IEX – belief in fairness and transparency in the financial markets
- Law degree from accredited law school and admission to bar of any state or District of Columbia
- 10+ years of experience and subject matter expertise related to exchange regulation, trading, and/or broker-dealer compliance. Familiarity with market structure issues and Regulation SCI
- Government experience a plus
- Experience with options trading a plus
What the job involves
- Support Chief Regulatory Officer in all aspects of the Investors Exchange regulatory program, including:
- Develop and prepare Securities and Exchange Commission (SEC) rule filings and other submissions to accomplish regulatory and business goals, including advocacy efforts with the SEC for approval or effectiveness, working closely with Lead Regulation Counsel
- Provide regulatory guidance regarding compliance with IEX rules and applicable federal securities laws and rules
- Work closely with Legal and Compliance to implement and maintain effective internal controls designed to reasonably assure rule and system compliance
- Respond to formal and informal regulatory inquiries from the SEC and other governmental regulators, working collaboratively with internal IEX teams
- Provide regulatory guidance to internal and external constituencies regarding membership matters, including with respect to interpretative issues
- Participate in industry working groups including NMS Plans and other initiatives
- Provide regulatory guidance on new and existing business initiatives to IEX senior management
- Assist in development and application of internal surveillance systems
- Assist with oversight of FINRA’s performance of outsourced regulatory functions
- Contribute to development of written and oral communications to IEX senior management, board of directors and committees, and SEC staff
- Draft policies and procedures
Our take
Innovations in fintech infrastructure have dramatically changed how people invest, but despite such developments, investors still face limitations when trading assets. Exchanges often list out-of-date pricing information which limits investors' abilities to make strategic investment decisions, a problem that is heightened through knock-on effects from other unstable stock prices.
IEX provides a registered US stock exchange for investors and broker-dealers, focussing on providing a more stable trade execution experience than existing exchanges. The company achieves this through its "Speed Bump" strategy that delays trades to gather up-to-date pricing information whilst assessing them for price stability, ensuring that trades are not executed based on stale data, and helping to notify other orders to react to other stock price stability levels.
Whilst the company must share the stock exchange sector with many competitors, IEX show great promise through its focus on maintaining pricing accuracy and stability. The company also stands out by providing a cloud platform for the selling, sharing, and use of financial data, in addition to an investment lifecycle advice tool for institutional investors.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 3 rounds)
Sep 2014
$75m
SERIES C
Mar 2013
$24.4m
SERIES B
Total funding: $100.9m
Company benefits
- Medical, dental and vision benefits premiums covered 100% for employees, spouses, and dependents
- Annual membership to One Medical primary care services
- Matched 401(k)
- Equity and bonus opportunities
- $5000 annual learning stipend
- $1000 annual match for donations to 5013(c) organizations of your choice
- In-office gym fully equipped with weights, treadmills, a Peloton bike, and locker rooms with showers
- Lunch and Learns
- Hybrid working
- Unlimited PTO
- 16 weeks paid parental leave for primary and secondary caregivers at the birth, adoption, or placement of a child
Company values
- Think Big, Do Good - We measure success by impact on the industries we serve and the communities we touch
- Be Gritty - Resilience and perserverance are in our DNA. We meet challenges head-on
- Win Together - We celebrate our wins as one, learn from our mistakes together, and move together as a team
- Invent & Reinvent - A growth mindset is foundational to who we are. IEX is a place for creativity and continual learning
Company HQ
World Trade Center, New York, NY
Articles
Leadership
Bradley Katsuyama
(CEO)Founding Board Member of The Public Health Company. Spent 11 years at RBC Capital Markets, ultimately as Managing Director of US Cash Equity Trading.
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