Eustace Francis
About Eustace Francis
Eustace Francis serves as Senior Counsel at Nasd in Washington, D.C., where he has worked since 2010. He specializes in broker-dealer compliance and has extensive experience in regulatory matters and investigations.
Work at NASD
Eustace Francis has served as Senior Counsel at NASD since 2010, contributing over 14 years of expertise in Washington, District of Columbia. His role involves conducting investigations related to fraudulent misrepresentations and omissions, as well as overseeing compliance with various regulations. He specializes in broker-dealer compliance, particularly with the Market Access Rule, Regulation SHO, and Regulation NMS. His extensive experience in this position has equipped him with a deep understanding of written supervisory policies and procedures.
Previous Experience at Citi
Prior to his current role, Eustace Francis worked at Citi as Senior Vice President and Senior Regulatory Counsel from 2004 to 2006 in New York, New York. In this capacity, he managed regulatory inquiries and dispositions, leveraging his negotiation skills to address compliance issues. His experience at Citi further solidified his expertise in the financial regulatory landscape.
Educational Background
Eustace Francis holds a Bachelor of Business Administration in Economics from Baruch College. He furthered his education at Georgetown University Law Center, where he earned a Doctor of Jurisprudence. His academic background provides a strong foundation for his legal and regulatory work in the financial sector.
Legal and Regulatory Expertise
Eustace Francis possesses extensive experience in conducting international discovery under MLAT treaties and the Geneva Convention, having worked in countries such as Italy, Singapore, and Switzerland. He has first and second chair litigation experience in federal, state, and SRO settings, demonstrating his comprehensive understanding of legal processes and regulatory compliance.
Career in Law Enforcement
Before his roles in the financial sector, Eustace Francis served as an Assistant District Attorney at the New York County District Attorney's Office from 1992 to 1997. He also worked as Enforcement Counsel at the Philadelphia Stock Exchange from 2001 to 2003. These positions provided him with valuable insights into law enforcement and regulatory practices.