Chief Compliance Officer
Steve Solano is the CCO at Florio Wealth Management Group and is a subject matter expert in compliance with more than thirty-six years of experience in consulting and industry roles. He has served in various consulting roles related to SEC, FINRA, NFA and CFTC as well as federal and state regulatory compliance. As a consultant he has developed and implemented compliance programs for investment banks, trading and brokerage firms, and has served as a Chief Compliance Officer at a number of companies in the securities industry. He holds Series 4, 7, 9, 10, 24, 55, 63, and 65 licenses. Steve has served as a consultant/subject matter expert for the Credit Agricole AML–CIP/KYC project in 2004, the Societe' Generale Cowen Trade Reporting project in 2005, the Societe' Generale Program Trade Reporting (Derivatives) and Financial Reporting Projects in 2007. He also acted as compliance consultant for the Calyon Compliance IT Infrastructure Project in 2007, the Natixis Securities Lending Project in 2008, the AML Transaction Monitoring Surveillance Project with Standard Chartered Bank and developed the complete AML program for Evolution Markets Futures, an NFA member firm.
Currently, Steve serves as CEO/CCO for two FINRA member broker/dealers. Sigma Americas Securities and Curex Securities (USA), LLC. Both firms are affiliates of parent organizations, Sigma Broking in London and Curex Group in NYC. In addition, both firms are currently “dormant” and serve no clients and has no operating assets. They are affiliated entities that represent future business opportunities; therefore, Steve’s responsibilities are minimal and ministerial in nature.
In addition, Steve assisted federal agents from the FBI and U.S. Justice Department in 2009 & 2010 in the successful criminal indictment and prosecution of Peter Madoff, the former General Counsel & Chief Compliance Officer at Bernard Madoff Investment Securities, LLC.