8/6/2019 Broker Dealer Compliance Manager

1/2

FRED J. HOEVENAAR==================================================================2128 Basswood Drive

(610) 567-0886Lafayette Hill, PA 19444

fh6be236@westpost.net

PROFESSIONAL SUMMARYInnovative analytic and strategic problem solving regulatory officer withdemonstrated success in challenging regulatory and business environments.A seasoned professional with broad experience developing systems andprocedures to track and monitor equity trading activity. Excellentcommunication skills that assist in establishing strong relationships withregulators, traders, and senior managers.

PROFESSIONAL EXPERIENCE

BNP Paribas Securities Corp. New York, NY1998-2010

A financial services firm wholly owned by a leading European investmentbank with a strong global presence. One of only six banks with an AAcredit rating from S&P.

COMPLIANCE MANAGER

Managing Director of Equity and Derivatives compliance staff of tenresponsible for 60 traders, 70 marketing/structuring employees and relatedmiddle and back office departments.Improved detection of trading irregularities by developing a database oforder and trade details which made creation of automated surveillanceprocesses possible.Took steps to upgrade the firm's best execution analysis to include anassessment of the quality of algorithmic execution systems, smart orderrouters and dark pools.Reduced regulatory exposure by establishing systems and procedures to storeelectronic communications and tag suspect correspondence for review.Developed trading and order execution surveillance processes to monitorcompliance with new Reg SHO, other SEC short selling rules, and Reg NMS.

Worked closely with senior trading desk management to develop appropriatesafeguards for the co-located high frequency trading desks to detectviolations of trading rules including Regs NMS and SHO.Worked with European counterpart on a project to implement a suite ofmarket abuse programs offered by a third party vendor.Joined with IT developers and management to create a smart order routerwith alternative execution strategies and an internalization engine whichcomplied with all applicable regulations.

Caspian Securities Inc. New York, NY1995-1998

Emerging Markets specialist bank created by the former chairman of Barings

Securities, Christopher Heath, offering research and execution services inforeign markets to US mutual funds..

CHIEF COMPLIANCE OFFICERChief Compliance Officer for this start up company. Staff of two.Built the infrastructure necessary to allow the firm to acquire regulatoryapproval to conduct business.Worked together with local outside counsel to open a broker-dealer inBuenos Aires in compliance with local regulations.

8/6/2019 Broker Dealer Compliance Manager

2/2

Goldman, Sachs & Co. New York, NY1988-1995

Global investment bank and securities firm offering a full range offinancial products and services to corporations, institutions and high networth individual investors.

COMPLIANCE MANAGERCompliance manager for Equity Trading and Arbitrage businesses whichincluded a block desk, convertible and risk arbitrage, NASDAQ market makingand listed and OTC derivatives sales and trading. Staff of three.Created a new compliance department and related systems, policies andprocedures to cover the firm's equity trading and arbitrage businesses.Instrumental in launching new OTC derivatives products.

Morgan Stanley Dean Witter New York, NY1983-1987

Offers a full range of financial services to individual retail investorsthrough a nationwide network of branch offices and employs traders to tradefor the firm's account.

COMPLIANCE MANAGERSenior vice president of equity trading surveillance responsible formonitoring all proprietary trading activities with a staff of three.Created a trading surveillance department with related surveillance and

supervisory systems to address trader fraud.

New York Stock Exchange Inc. New York, NY1974-1983

Primary stock exchange in the US operating subject to the 1934 Securitiesand Exchange Act.

SURVEILLANCE MANAGERVice president of floor trading surveillance with a staff of 50.Founding member of the SRO group that created the Intermarket SurveillanceGroup to improve the ability to detect cross market trading abuses.

EDUCATION

BBA-Finance, George Washington UniversityMBA studies-New York University

LICENSES

Series 4, 7, 8, 14, 24, 63