Press Releases
S. Lauren Heyne Joins RW Smith as Chief Compliance Officer
NEWS RELEASE
August 2007
RW Smith today announced that Lauren Heyne has joined the Company as Chief Compliance Officer. She will be responsible for implementing and enhancing the Company's corporate compliance policy and monitoring programs.
As Chief Compliance Officer, Ms. Heyne will review and evaluate compliance issues and concerns within the Company. She also will maintain a corporate compliance program that adheres to Company policies and procedures, complies with regulatory requirements, and embodies ethical standards of conduct.
She joins the Company as an Executive Vice President and will report directly to President and Chief Executive Officer Paige Pierce. "Compliance has always been an important function and responsibility at RW Smith. Now, in the face of increasingly stringent legal and regulatory requirements, a stronger and more visible focus on compliance is essential to our day-to-day operations, as well as to our strategic plans for the future." Pierce stated.
Most recently, Ms. Heyne served as Chief Compliance Officer and Senior Vice President for EK Riley Investments LLC, where she was responsible for the establishment, implementation and management of EK Riley's compliance program. She worked closely with the company's business units and support areas to develop, maintain and integrate compliance processes and procedures across the organization. In addition to compliance oversight for the broker-dealer, Ms. Heyne was the company's primary liaison for EK Riley's affiliated investment adviser and handled all regulatory matters for both firms. Before joining EK Riley, Ms. Heyne ran compliance for Delafield Hambrecht, Inc., a firm that specialized in Investment Banking, Research, and Market Making. Prior to that she was the Senior Compliance Officer for National Securities Corporation, helping to manage a department of seven at a national, self-clearing firm with both equity and fixed income trading desks.
"Lauren's Wall Street experience, transactional expertise and fixed income industry background will be invaluable to RW Smith as we continue to grow," said President and Chief Executive Officer, Paige Pierce. "Her exceptional credentials, vision and drive make Lauren an excellent candidate to lead our compliance program and enhance the Company's competitive position, to better serve our dealer clients, shareholders and our valued employees," Pierce noted.