Washington, D.C.–(Newsfile Corp. – June 29, 2022) – The Securities and Exchange Commission today announced that Kurt L. Gottschall, the Director of the Denver Regional Office since 2018, is leaving the agency after more than 22 years of service. Jason J. Burt and Thomas M. Piccone will become the office’s Co-Acting Regional Directors when Mr. Gottschall departs in early July.
“Under Kurt’s leadership, the Denver Regional Office has protected the public through significant enforcement matters, investigations, and examinations across an eight-state region,” said SEC Chair Gary Gensler. “I thank him for his 22 years of service and wish him the best in his next chapter. I’d also like to thank Jason and Thomas for stepping in as Co-Acting Regional Directors. Under their seasoned experience, the Denver office will continue to excel.”
“For more than two decades, Kurt has been an integral part of the Division,” said Gurbir S. Grewal, Director of the Division of Enforcement. “During Kurt’s tenure as Director of the Denver office, he oversaw great victories on behalf of investors, and the Division is stronger because of his leadership.”
“Kurt has been an incredible leader of the Denver Regional Office,” said Richard R. Best, Director of the Division of Examinations. “His thoughtful and strategic approach to examination priorities, particularly those directly impacting working families, has significantly advanced Exams’ mission and protected investors. “
“It has been an incredible honor and privilege to serve as the Director of the Denver office,” said Mr. Gottschall. “I have seen first-hand the remarkable talent, dedication to public service, and camaraderie of the staff in our office and across the agency who have worked tirelessly, even in the face of countless challenges, to advance the SEC’s mission.”
As Regional Director, Mr. Gottschall oversaw all examinations, investigations, and enforcement litigation across the Denver Regional Office’s eight-state region. Earlier in his SEC tenure, he served in the Asset Management Unit as an Assistant Director and then Associate Regional Director for Enforcement in the Denver office. He joined the SEC as an enforcement staff attorney in Denver in 2000.
Jason J. Burt currently serves as the Associate Regional Director of Enforcement in the Denver Office. He also has served as an attorney in the Office of Compliance Inspections and Examinations’ Broker-Dealer group and in the Division of Enforcement as a staff attorney and Assistant Director in the Market Abuse Unit and Asset Management Unit. Mr. Burt earned his bachelor’s degree from James Madison University, and his law degree from the University of North Carolina School of Law.
Thomas M. Piccone currently serves as the Associate Regional Director of Examinations in the Denver Office. He began his career with the SEC as an enforcement attorney and later was branch chief, trial counsel, and special counsel before transitioning to the examination program. Mr. Piccone received his bachelor’s degree from the University of Colorado at Boulder and his law degree from the University of Colorado Law School.
NOVASPARKS EXPANDS ITS OPERATIONS IN ASIA-PACIFIC
NovaSparks™, the leading field programmable gate array (FPGA) market data company, is pleased to announce the appointment of Clément Pelletier as the new sales and marketing director, based in Bangkok, Thailand. Pelletier will report to Dr. Luc Burgun, CEO and president, beginning on December 1st, 2023.
“Clément possesses a wealth of experience that makes him unique in the industry,” said Luc Burgun, NovaSparks’ chief executive officer and president. “His thorough understanding of the sales process, particularly in the field of trading tools which he acquired over 20 years in Asia, makes him ideally suited to drive our sales and marketing initiatives in APAC. We are pleased to welcome Clément and look forward to his leadership in expanding our operations in Asia.”
Pelletier brings to NovaSparks solid experience in sales and marketing in Asia. Most recently, he served as sales director for the APAC office of Horizon Software, a global leader in electronic trading solutions and algorithmic technology. Prior to Horizon Software, he served as CEO of CPIT, an IT services and consulting, specialized in the Fintech industry, based in Hong Kong. Pelletier holds a Master of Engineering from INSA Lyon.
Broadridge Investment Management Technology Enhances Carlyle’s Private Credit and CLO Portfolio Management Operations
Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that its cloud-based solution, Sentry, has been implemented at global investment firm Carlyle in support of its private credit and collateralized loan obligation (CLO) portfolio management. The Sentry private credit and CLO portfolio management technology will enable Carlyle to more efficiently manage its deal pipeline, trade compliance and loan operations on a single platform, and scale operations as the platform grows.
“With increased demand in credit products and ongoing growth of our product offerings, we wanted the right technology that would enable us to scale up and achieve a platform approach,” said Jim Keogh, Carlyle’s Managing Director and Head of Operations for Global Credit. “Sentry has smoothly integrated with our technology stack and provides functionality that will improve our capabilities as we grow.”
“Working closely with Carlyle, we customized Sentry to specifically suit their portfolio management requirements, which emphasized the need to help manage all aspects of private credit and CLO administration,” said Mike Sleightholme, Broadridge’s president of international and head of asset management solutions. “This implementation really showcases the value of the flexibility and scalability our solution offers and how it helps position firms for growth.”
Broadridge’s Sentry PM is a scalable web-based solution that provides front-to-back-office functionality to both the private debt and syndicated loan markets to increase overall efficiency, including research and pipeline management, pre- and post-trade compliance, analysis of hypothetical trade scenarios, dynamic waterfall projections, loan administration, and data aggregation across strategies, portfolios and assets.
Nuvei enters global payments partnership with Microsoft
Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has partnered with Microsoft to deliver leading payment experiences for customers of its products, solutions, and services across many of its key markets.
Microsoft will start using Nuvei’s customizable and agile payments technology in the Middle East and the Africa region, while benefiting from Nuvei’s deep knowledge of local markets to optimize its payments for recurring billing and individual transactions across both its Office and Xbox product ranges.
Other benefits of Nuvei’s global payments capabilities Microsoft is harnessing include optimized authorization rates through local acquisition and superior risk management that minimize false declines, as well as Nuvei’s ability to offer all of the relevant local alternative payment methods (APMs) to each market through a single integration. Philip Fayer, Nuvei Chair and CEO said: “Enabling Microsoft to connect to its customers across a wide range of products is testament to our technology and dedication to world-class customer service. We’re excited to optimize payments for such a universal brand that is trusted and relied upon by so many people.”
“We’re pleased to extend our payment solutions to the Middle East and African region,” added Ajith Thekadath, Vice President Global Payments at Microsoft. “Whether it is a one-off purchase, software subscription, or in-game purchasing, payments are critical to our overall customer experience. Partnering with Nuvei enables our customers to pay wherever they are and whenever they want to.”
Extending the partnership across geographies and use cases
Nuvei and Microsoft are committed to extending this partnership across additional markets, as well as exploring new use cases to enhance the overall Microsoft experience. This includes Microsoft Dynamics 365, its business applications technology suite that drives operational efficiency and improved enterprise resource management.
Fayer commented: “As two innovative, technology-led businesses that provide solutions to many of the leading international brands across the globe, it makes sense to explore how we can work more cooperatively as we grow our commercial relationship.”
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