PROFESSOR MICHAEL GOLDSTEIN NAMED FINRA ECONOMIC ADVISORY COMMITTEE CHAIR

Professor Michael Goldstein Ph.D. has been named chair of the FINRA Economic Advisory Committee.

Page Content 1

Michael A. Goldstein is a Professor of Finance at Babson College, where he holds the Donald P. Babson Chair in Applied Investments and is Faculty Director of the Stephen Cutler Center of Investment and Finance. He is also an Honorary Professor at The Queen’s University of Belfast (UK) and was a Visiting Professor at Trinity College (Ireland) in 2009. He has also taught at Boston College and at the University of Colorado at Boulder, where he received the Procter & Gamble Teaching Excellence Award. He has served on dissertation committees at Colorado, Brandeis, and Tufts.

Dr. Goldstein previously served on the Nasdaq Economic Advisory Board from 2003 to 2005, and was elected Chair for 2005. From August 1997 to July 1998, he was the Visiting Economist at the New York Stock Exchange.  He has served as a member on the SEC’s Market Structure Roundtable on the High Frequency Trading panel in June 2010, and on the SEC Roundtable on Decimalization in December 2000.

Dr. Goldstein’s primary research specialty is examining the structure of markets and trading of stocks and bonds.  His papers have been published in major finance academic journals and he is currently on the editorial boards of The Financial Review and The International Review of Applied Financial Issues and Economics. Dr. Goldstein received a B.S., an M.B.A., an M.A., and a Ph.D. in Finance from the Wharton School at the University of Pennsylvania.

About FINRA

The Financial Industry Regulatory Authority (FINRA) is the largest independent regulator for all securities firms doing business in the United States. FINRA’s mission is to protect America’s investors by making sure the securities industry operates fairly and honestly. All told, FINRA oversees nearly 4,525 brokerage firms, about 163,530 branch offices and approximately 631,085 registered securities representatives.

FINRA touches virtually every aspect of the securities business—from registering and educating industry participants to examining securities firms; writing rules; enforcing those rules and the federal securities laws; informing and educating the investing public; providing trade reporting and other industry utilities; and administering the largest dispute resolution forum for investors and registered firms. We also perform market regulation under contract for the major U.S. stock markets, including the New York Stock Exchange, NYSE Arca, NYSE Amex, The NASDAQ Stock Market and the International Securities Exchange.


By Nancy Sullivan, sullivann@babson.edu , 781-239-4623 | 09/12/2011 03:00