Michael Rufino, Cams
About Michael Rufino, Cams
Michael Rufino serves as the Executive Vice President at FINRA, where he has worked since 2007. He has a strong background in regulatory programs and financial oversight, having previously held a senior position at NYSE and contributed to the U.S. Treasury's FinCEN advisory group.
Work at FINRA
Michael Rufino has served as Executive Vice President at FINRA since 2007. In this role, he has balanced key rule proposals and changes, providing insights on their impact on member firms, investors, and regulatory programs. He has led the transformation of FINRA's regulatory program to enhance investor protection, ensuring that the organization delivers a clear vision and adequate resources. Rufino has also instituted a governance structure to manage changes in regulatory programs, emphasizing process improvement, data strategy, and budget commitments. His leadership has involved managing a team of over 850 professionals and overseeing an annual departmental budget exceeding $160 million.
Previous Experience at NYSE
Before joining FINRA, Michael Rufino worked at the New York Stock Exchange (NYSE) as Senior Vice President from 2001 to 2007. During his tenure at NYSE, he contributed to various initiatives that supported the organization’s regulatory framework and operational efficiency. His experience at NYSE provided him with a solid foundation in the financial services industry, which he has leveraged in his current role at FINRA.
Education and Expertise
Michael Rufino studied at Iona University, where he earned a Bachelor of Business Administration (BBA) in Finance and a Master of Business Administration (MBA) with a focus on Management Information Systems. His educational background equips him with a strong understanding of both financial principles and information systems, which are essential in his role in regulatory oversight and program management.
Contributions to Financial Regulation
Michael Rufino has contributed to the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) Bank Secrecy Act Advisory Group. In this capacity, he provided insights on money laundering issues affecting broker/dealers, showcasing his commitment to addressing critical regulatory challenges in the financial sector. His involvement in this advisory group reflects his expertise in compliance and regulatory matters.