Cusick Named to Regulate PHLX
The Philadelphia Stock Exchange (PHLX) recently named Joseph Cusick vice president of regulatory programs. This is a newly created position, and Cusick, who was formerly PHLX's vice president of examinations and investigations, says he's up to the challenges of his new role.
"The primary goal will be to increase the effectiveness and overall level of communications between our regulatory group and our financial automation group, bringing more effective technology into the marketplace," Cusick says.
He will have two director-level staff under his jurisdiction and will be responsible for coordinating and implementing regulatory programs and policies that include maintaining and amending operational procedures, training regulatory staff and providing regulatory support for new products and business initiatives.