Consultant With Extensive Experience
President and Founding Principal Colleen Diles has over 25 years of experience in the securities industry. Colleen worked at the Financial Industry Regulatory Authority (FINRA) for 22 years supervising both Examination and Risk Monitoring teams. Most recently, at FINRA, Colleen served as Risk Monitoring Director and the Los Angeles Office Senior Leader. Prior to joining FINRA, Colleen was a Mutual Fund Administration Supervisor at Chase Global Fund Service Company in Boston, Massachusetts.
To read more about Colleen’s regulatory and industry expertise keep scrolling.
Program Design and Process Build Out
- Developed and implemented the Risk Monitoring house-holding initiative, which enabled FINRA staff to monitor and assess risk on an industry, enterprise, and individual member firm level. As a result of the initiative, affiliated member firms had one main point of contact at FINRA, thereby making the regulatory relationship stronger and more efficient.
- Built out the 2022 FINRA Examination Program, provided training, and created related guidance.
- Promoted the Limited Purpose Program (LPP) of targeted examinations for lower-risk firms without retail touchpoints.
- Provided recommendations, direction, and insight to advance FINRA programs and drafted national guidance and policies.
Technology Solutions
Spearheaded the development of Analytic Activities, which is a tool used by Risk Monitoring staff to complete and document their analysis of key events and material information.
- Worked closely with Data Analytics and Technology Teams to develop solutions for Risk Monitoring business needs.
Working with Federal and State Regulators
- Developed relationships with key regulators through stakeholder forums. This included regular interaction with national and regional SEC offices, State securities regulators, NAASA, Federal Reserve Bank, and international securities regulators.
- Served as the Los Angeles Regulatory Point of Contact.
Public Speaking and Constituent Outreach
2023 NSCP National Conference
- BD LAB - Compliance Testing and Surveillance: Regulatory Expectations
- 2023 Women Leaders in Governance, Risk, and Compliance (GRC)
- Winning Women Entrepreneurs: Compliance, Risk & Ethics Edition
- 2021 FINRA Annual Virtual Conference
- Remote Supervision: Compliance Challenges in a Remote Working World
- 2020 FINRA Small Firm Virtual Conference
- Office Hours
- 2019 SIFMA C&L Annual Seminar
- Navigating Ethical Dilemmas when Transitioning Roles
- 2019 FINRA Small Firm Conference and 2019 FINRA Midwest Region Member Forum
- Transformation of FINRA’s Examination and Risk Monitoring Program
- 2014 SEC and FINRA Compliance Outreach Program
- Tailoring Firm Element Training to Business and Regulatory Concerns
Education / Programs
- Excellence in Management Program, Wharton School of Business, University of Pennsylvania
- BSBA (concentrations in Accounting and Finance), Merrimack College
Memberships
- Florida Securities Dealers & Advisors (FSDA)
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Forensic Expert Witness Association (FEWA)
- National Association of Corporate Directors (NACD)
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National Society of Compliance Professionals (NSCP)
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Securities Experts Roundtable (SER)