Michael P. Jamroz

Mike is a now a Senior Advisor under an exclusive contract with Deloitte & Touche LLP’s Deloitte Advisory practice. He has over 40 years of securities industry experience. Prior to joining Deloitte & Touche, Mr. Jamroz spent 13 years with the Securities and Exchange Commission, in what is now the Division of Trading and Markets.  Here, he supervised preparation of Securities Exchange Act Releases, rule amendments, no-action and interpretive letters relating to the Commission’s net capital, segregation, and other financial responsibility rules affecting securities firms.

Since joining Deloitte in 1993, his services have included:  (i) comprehensive compliance reviews of securities firms with SEC, FINRA, CFTC and Federal Reserve Board  regulations; (ii) assistance in structuring and testing the regulatory compliance and back office operations of new business lines for securities firms; (iii) assistance in conflict resolution between securities firms and securities regulators; and (iv) diagnostic counseling relating to new regulations or to the impact of existing regulations on new products.  He also provides enforcement defense support services to securities firms and their counsel and assists securities industry audit professionals in resolution of regulatory issues.

Mike is a frequent speaker at securities industry conferences and seminars. He is also the author of: “The Net Capital Rule”, The Business Lawyer, Vol. 47, No. 3, May 1992, “The Customer Protection Rule”, The Business Lawyer, Vol. 57, No. 3, May 2002, “The Treatment of Derivatives Under the Net Capital Rule”, The Business Lawyer, Vol. 76, Issue 1, Winter 2020-2021,  “What Lawyers Need to Know about Broker-Dealer Audit Requirements”, scheduled for publication in the Winter 2021/2022 issue of The Business Lawyer and “A Historic Change in the Leverage of Securities Purchasing: The Advent of Portfolio Margining”, The Magazine of the Futures Industry, January/February 2007.