SUMMARY

Jack Christensen has a unique background in the sense that he has 15 years as a securities regulator with the National Association of Securities Dealers (FINRA) and, during that period, was the Director of their Washington, D.C. and Denver, Colorado offices. Subsequently, he founded his own broker/dealer and investment advisory firm, spending 15 years as the CEO with duties including client development, analysis of products, construction of portfolios and raising of capital. This experience created not only an academic view but a very practical hands-on approach to the operations of broker/dealer and registered investment advisory firms.

He also has comprehensive knowledge of markets, their operations and purpose, and how regulatory matters impact these markets. This knowledge encompasses the over-the-counter, NASDAQ, and listed markets in the United States.

Additionally, since 1988, he has consulted for broker/ dealers and investment advisory firms, for both compliance and management purposes. Furthermore, he has given support to attorneys in arbitrations and FINRA/SEC regulatory proceedings, and in litigation, in both state and federal courts, involving securities matters. He has performed as a consultant for the SEC. Finally, he conducted workshops for Indian market makers on NASDAQ markets as a consultant for the World Bank and the Government of India.

Through his firm Fordham Consulting, Jack Christensen is a Senior Compliance Consultant with Bekker Compliance Consulting Partners, LLC (BCCP) and provides regulatory compliance consulting services to BCCP’s financial services clientele.

RANGE OF EXPERIENCE

Jack Christensen’s 35 years of experience has a unique quality in that he has served on both sides of the table in the securities business both as a regulator and a principal in a broker/dealer and investment advisory firm. He has extensive experience in (a) regulatory enforcement; (b) consulting to broker/dealers and investment advisory firms; (c) performing both as a broker and a principal in several securities firms; (d) arbitrator. He has significant exposure to a wide variety of sectors in the financial services and capital markets.  Mr. Christensen has also served as a consultant and expert witness on numerous securities cases throughout the United States and for World Bank and the Government of India, conducting workshops for Indian market makers on NASDAQ markets.

EMPLOYMENT HISTORY                   

  • Fordham Consulting, Principal - 1988 to present
  • Fordham Financial Management, Inc., President - 1987 to 1995
  • S.M.H., Inc., Principal - 1982 to 1987
  • E.J. Pittock & Company, Principal -- 1980 to 1981
  • National Association of Securities Dealers, Inc., District Director - 1966to 1980
  • United States Marine Corps, Captain - 1959 to 1965

PROFESSIONAL AND BUSINESS EXPERIENCE

  • Served as a District Director of two FINRA offices.
  • Actively participated in SIPC liquidations.
  • Handled the negotiations and/or litigation of formal case actions against parties involved in the regulatory process, including broker/dealers and public customers.
  • Performed annual budget and salary review by projecting future expenditures and manpower needs. 
  • Instrumental in establishing FINRA internal auditing section.
  • Participated both as a regulator and expert witness in numerous fraud cases involving manipulation and domination and control with special emphasis on low priced securities
  • Managed a full service self-clearing securities firm. This position encompassed the supervision of all administrative and operational functions of the firm’s approximately 100 employees.
  • Founded a broker/dealer and investment advisory firm specializing in individual and retirement plan accounts, and performed the due diligence with regard to product selection.  Directly supervised 10 registered representatives.
  • Established a consulting practice, with numerous broker/ dealer clients both large and small, in the area of compliance and business organization.
  • Managed a consulting practice to numerous law firms for the purpose of case evaluation and expert witness services. Acknowledged and accepted as an expert by federal and state courts.
  • Served as a management consultant to financially troubled firms. In this regard, initiated actions to increase bottom line profitability or, in cases of extreme dissipation of capital, arranged for mergers.
  • Maintained cordial and effective relations with the press.
  • Elected as president of a national compliance society/ NACP.
  • Been actively involved in arbitration/ mediation.
  • Conducted workshops for Indian market makers on NASDAQ markets as consultant for World Bank and Government of India
  • During the last several years I have assisted broker/dealers in evaluating and making necessary and desirable changes in their supervisory systems.  I also developed branch exam programs and trained personnel in the implementation of such programs.  Finally, I continue to assist firms with the new FINRA certification rules.

COMMUNITY SERVICE:

Evergreen Metropolitan Water District Board Member - 1988 to 2006, Treasurer since January 1998, Knowledgeable on water, wastewater, and conservation matters.