Ray Aronson

Mr. Aronson joined Sutter Securities as a Senior Managing Director in September, 2004.  He serves as an expert witness and litigation consultant.  Mr. Aronson has more than 35 years of legal and management experience in the securities industry, with in-depth knowledge of federal securities law and self-regulatory organization rules.  He is expert in the interface between securities laws and regulations, industry practices and standards, and firm operations, as well as complex trading questions, both domestic and international.

From 1975 through 2004, Mr. Aronson was senior counsel in the Legal and Compliance Departments at Bear Stearns & Co., Inc. where he became Senior Managing Director in 1994.  Mr. Aronson also served as Director of Compliance for Bear Stearns Securities Corporation, the clearing division of Bear Stearns from 1999 through 2003.

While at Bear Stearns, Mr. Aronson advised legal and business staff in all areas, including compliance, litigation, clearance, operations, securities lending, equities and derivatives, prime brokerage, hedge funds, private client services, arbitrage, and corporate finance.  He has regularly testified in arbitrations and legal proceedings and has effectively consulted with senior officials of governmental and self-regulatory organizations regarding policy as well as rule changes and interpretations.  

Prior to joining Bear Stearns, Mr. Aronson was Director of Compliance and General Counsel of Edwards & Hanly, a New York Exchange member organization.   From 1965 to 1972, Mr. Aronson was a staff attorney at the American Stock Exchange, becoming Associate Director of Rulings in 1968.  Mr. Aronson received an A.B. from the University of Rochester in 1959 and a J.D. from New York University School of Law in 1962.   

Professional Affiliations

• Compliance Director's Examination Committee, New York Stock Exchange
• Securities Industry Association Clearing Firms Committee
• Securities Regulation Committee, Broker/Dealer Subcommittee, American Bar Association, Section of Corporation, Banking, and Business Law
• Panel Chairman, Securities Industry Association Compliance Seminars: Dealing with Regulators, Clearing Firm Liabilities, Prime Brokerage
• Panel Member, Securities Industry Association, Advertising, Sales and Marketing Materials Workshop
• Arbitrator: FINRA, NYSE, and ASE
• Compliance Advisory Committee, New York Stock Exchange (Formerly)

Licenses

• Member, New York State Bar
• FINRA General Securities Principal
• Registered Options Principal
• Registered Series 3 Futures Representative

E-Mail: ray@suttersf.com