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Regulation-S.com™
Directors, Management
& Advisors
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Advisors
The following summary represents specific candidates
for one or more responsibilities within the Regulation-S.com Exchange.
These persons have indicated to management that they are interested and
willing to come closer into operational or management roles in the exchange, subject
to the creation of a compensation package and responsibilities roster
acceptable to both parties.
Several additional candidates are in communication with the Exchange; however,
at this time their potential participation is, at their request, confidential.
Daniel E. Kornstein
Imprimis Group
Managing Director
Blaylock & Partners
Chief Financial Officer,
Director of Research
Senior Vice President of Administration
Garban Corporates LLC
(formerly Cedar Street Securities Corp.)
Chief Administrative Office
Cedar Street Securities Ltd.
Chief Administrative Office
Merrill Lynch Capital Markets
Senior Fixed Income Strategist
Michael D. Linsky, CFA
Imprimis Group
Managing Director
McDonald Investments
Managing Director
Brown Brothers Harriman & Company
Managing Director
Ira Victor
Republic Systems and Programming
Founder
Citibank N.A., New York
Assistant Vice President, Regional Training Officer
Kings County Medical Center
Director of Training
Downstate Medical School of New York and College of Health Related
Professions
Faculty |
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| Regulation-S.com Financial Controls |
Anti-Money-Laundering (AML) and Terrorist Financing Controls
In today’s climate of anti-terrorist efforts and anti-money laundering
controls, there is a specific and clear set of objectives provided by the many
international finance and regulatory authorities.
"Regulation-S.com, and
its Member firms, will endeavour at all times, to the extent that is
reasonable and possible, to insure that all clients of the exchange
are “acceptable” clients
as determined by international money laundering and terrorist financing
controls." |
Maintaining proper due diligence and Know Your Client (KYC) procedures is a matter
of ensuring that they fall into line with international standards. Fortunately,
most of this process is easily automated by searching online databases and feed
sources, comparing client account applications against these databases in real-time
at the time the accounts are opened and before they are approved. Database searches
planned for the exchange will be added over the course of time to include databases
required or requested by each jurisdiction in which we transact business. At this time,
our planned databases for performing our due diligence efforts include:
International Sources:
- Bank of England
- European Union
- Guernsey Financial Services Commission (Sanctions)
- Home Office
- Isle of Man Financial Supervision Commission (Sanctions)
- Jersey Financial Services Commission (Sanctions)
- Jersey Financial Services Commission (Enforcements)
- Office of Foreign Assets Control (OFAC)
- Office of Superintendent of Financial Institutions (OSFI)
- United Nations Security Council Committee Law Enforcement
- Federal Bureau of Investigation (FBI)
- Interpol Regulatory Enforcement
North American enforcement bodies:
- Commodity Futures Trading Commission (CFTC)
- Financial Crimes Enforcement Network OFAC
- Civil Penalties Enforcement Information Office of Superintendent
of Financial Institutions (OSFI) (warnings)
- Office of the Comptroller of the Currency (OCC)
- Securities and Exchange Commission (SEC)
UK enforcement bodies:
- Financial Services Authority (FSA)
- Guernsey Financial Services Commission (Enforcements)
- IMRO Isle of Man Financial Supervision Commission (Enforcements)
- Lloyd's Insurance Market
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Doing it Right
at Regulation-S.com |
| To protect you, the Investor, Regulation-S.com
insists that all companies on the Regulation-S.com Exchange adhere to
strict criteria:
- Fully reporting, meaning
that the company must disclose to the public any share issuances done
under Regulation S during the previous quarter; or
- Willing to issue a press
or public statement as to the issuance of shares
for a fundraising under Regulation S to the public by an acceptable
means - meaning accessible online to the general public, either
through a press release or by a statement on the company website.
- Current and 6 month
historical trading volume of USD $50,000.00 per day in trading volume calculated as ($ Share price)
x (# shares traded).
- Demonstrates and states,
with full corporate liability, the amount of dilution in
unregistered securities transactions. Regulation-S.com does not accept
clients with too high of a percentage of shares issued under the Regulation
S exemption, nor does it normally participate in issues of shares that
will account for more than 9.5% of the issuing companies total issued
and outstanding shares in that company.
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