Commentary

Jos Schmidt
Traders Magazine Online News

Reducing the Regulatory Burden on Public Companies, Yes Please But...

In this commentary, NEO's Jos Schmidt discusses regulatory requirements and needs in the Canadian equity markets.

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May 31, 2002

Fast Track

By John A. Byrne

*J. Craig Walker has been hired by Gerard Klauer Mattison (GKM) as senior vice president of institutional equity sales. The New York-based institutional research and investment-banking firm said that Walker's hiring was part of an expansion of the San Francisco office. Four professionals were recently added to the sales and trading teams, GKM officials said. Walker previously worked for ABN AMRO Securities, where he had opened its West Coast office. Walker has some 18 years of experience in the institutional brokerage business. Overseeing the San Francisco office is Michelle Webb Sullivan, a managing director who joined GKM from JP Morgan Chase, where she had been a managing director with responsibility for the western region sales trading business.

*Dennis Green, head of trading at Legg Mason Wood Walker, is retiring after several decades in the securities business. Green, a beloved figure at Legg Mason, was a Vietnam veteran. He is also a past STA chairman.

*Julius Baer has appointed Melvin Lindsay, CFA, as first vice president and director of business development for Julius Baer Investment Management in the Los Angeles office. Lindsay will work within the Institutional Asset Management Business Line. In his new position, Lindsay will focus on marketing initiatives and oversee business development on the West Coast. Before joining Julius Baer, which is headquartered in Zurich, Lindsay, 37, was senior managing director for Wells Capital Management, national corporate strategy. He was responsible for the sales and marketing of corporate and public funds.

*Gregory Bresiger has been named assistant managing director of Traders Magazine, which is owned by Thomson Financial. Bresiger previously was a reporter. He had been a journalist for some 20 years, the last 10 years as a financial trade journalist. Bresiger, who reports to editor John A. Byrne, has been with Traders Magazine for some two years. He began as copy editor and a freelance contributor. Since becoming a full-time staff member, he has been a general assignment reporter and written the book review page. Bresiger has also written for Financial Planning Magazine and has contributed articles to the New York Post business section.

*At Knight Trading Group, Peter Santoro has been promoted to president of Knight Financial Products, the options market making subsidiary of Knight. Some of Santoro's previous experience was at Swiss Bank Corporation, UBS Warburg and O'Connor Associates.

*Marc Menchel joined the National Association of Securities Dealers as senior vice president and general counsel for NASD Regulation. His responsibilities will include rule writing and interpretation. He will also advise senior management and be involved in adjudicatory issues. Menchel previously worked for Tucker Anthony, serving as a director and corporate secretary as well as executive vice president and general counsel.

*Evan P. Olsen was hired by Stephens Inc. in Little Rock, Arkansas, to head its equity trading desk. Olsen has some 18 years of experience in the trading industry. Prior to Stephens, Olsen served as managing director of the Nasdaq trading desk for W.R. Hambrecht's Seattle office. Before that, Olsen had trading stints with Morgan Stanley Dean Witter in Seattle. He has has also worked for RBC Dain Rauscher.

*Jefferies & Co. expanded it sales team in Boston, recruiting a seven-person sales/trading team from ABN AMRO to cover its major institutional clients. Kevin Quinn, Dennis Leddy, Timothy Driscoll, Thomas Kennedy and Robert Moynihan will join as senior sales/ traders. Christina Wiley and George Needham will join as assistants. The seven were all laid off from ABN AMRO when it closed its U.S. equities business earlier this year.