Wolkoff Consulting Services LLC

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Wolkoff Consulting Services LLC
Founded 2012
Headquarters South Orange, NJ
Key People Neal L. Wolkoff, CEO
Products Financial Services Consulting
Twitter @@NealWolkoff
Website http://wolkoffconsulting.com/

Wolkoff Consulting Services LLC is a New Jersey-based consultancy specializing in Dodd-Frank preparedness and other regulatory issues affecting the financial sector. It is headed by Neal L. Wolkoff, former chairman and chief executive of the American Stock Exchange, chief operating officer of the New York Mercantile Exchange and chief executive of ELX Futures.[1]

The company began operations in February 2012.[2]

John Lothian News Restoring Customer Confidence Series, February 2013

Protection Fund: Slip it to SIPC

If there is one solution to restoring customer confidence in futures that has been talked about more than any other, it would be the creation of a customer or insurance fund. Securities customers have the Securities Investor Protection Corporation (SIPC), so why can’t futures customers use SIPC as well? That’s the idea from Neal Wolkoff, industry consultant and longtime exchange executive, who argues that not only does it make rational sense, but using SIPC could be the easiest and most cost effective way to protect futures customers. This approach differs from others who have touted some type of insurance protection fund just for the futures industry.

References

  1. Restoring Trust in the Futures Market. New York Times.
  2. News Release. Wolkoff Consulting Services.