Ray CalvanoChief Compliance Officer
Ray Calvano has over twenty-five (25) years of compliance, regulatory and operations experience in brokerage, investment advisory and the mutual fund industries in leadership and compliance roles for firms with multiple regulatory registrations. This includes roles as Chief Compliance Officer of Broker Dealers and SEC Registered Investment Advisors, as well as Examination roles with the Financial Industry Regulatory Authority (FINRA).
Prior to his role at CXG, Ray was Chief Compliance Officer managing all aspects of Compliance programs, including developing and implementing written supervisory procedures, sales practice supervision, Anti-Money Laundering testing and reporting. He led system integration projects, regulatory exam management, regulatory reporting, employee compliance and training.
As a FINRA Examiner, Ray led complex examinations across a diverse group of firms and business models which included: equities, municipal and fixed income securities, private placements, alternative investments, mutual funds, and variable annuities. Mr. Calvano also held key roles managing compliance while with Vanguard, AXA Advisors, and Janney Montgomery Scott.
Ray holds a BA in Business Administration from Rutgers University. He also holds the Series 7, 24, 53, 9 and 10 FINRA licenses.