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SIFMA today announced that the Executive Committee of its Compliance & Legal (C&L) Society has presented the Alfred J. Rauschman Award to Loren Schechter, partner in the New York Office at Duane Morris LLP, in recognition of his contributions to the Compliance & Legal community and a career dedicated to the financial services industry.
This Award was given to Mr. Schechter at the C&L Society’s Annual Seminar being held March 17-20 in Phoenix, AZ. James A. Tricarico, Jr., General Counsel, Edward Jones and SIFMA Board member, presented the award.
The Alfred J. Rauschman Award is given to an individual who, over the course of his or her career, has contributed to the Compliance and Legal communities; fostered open communications among industry practitioners to share best practices; promoted dialogue and communications with regulators; and dedicated his or her career to the financial services industry. While possible recipients are identified and reviewed by a nominating committee every year, the Award is given only when there is an individual who meets all of these criteria. This Award was first given in 1992 to Alfred J. Rauschman in recognition of his contributions to the industry.
“We are honored to present this award to Loren Schechter,” said Howard R. Plotkin, managing director, RBC Capital Markets and president of SIFMA’s Compliance & Legal Society. “Loren’s deep legal knowledge and his willingness to share his insight with the Compliance & Legal community make him more than worthy of this Award. We honor him not only for his invaluable contributions as a past president of the C&L Society, but for a career dedicated to enhancing compliance in the industry.”
Loren Schechter is partner in the New York office of Duane Morris and head of the firm’s broker-dealer practice. He concentrates his practice on securities regulatory counseling and litigation matters. Mr. Schechter's professional background extends over 40 years, from the New York Stock Exchange to deputy general counsel and general counsel of two broker-dealer and investment banking firms, including 10 years as general counsel of Prudential Securities Group, Inc. He is a past president of the Compliance & Legal Society.
For more information on SIFMA’s Compliance & Legal Society, please visit: http://www.sifma.org/sifma-cl/
