Dash Financial Technologies, the industry’s leading capital markets technology and execution provider, today announced the addition of Venu Palaparthi as Chief Compliance Officer and Head of Regulatory Affairs.
In this role, Mr. Palaparthi will be responsible for Dash’s compliance strategy, including the direction of internal regulatory policies and compliance with government regulations.
Mr. Palaparthi brings 25 years of securities industry experience that has included roles within management, market structure, compliance and technology. He holds an MBA in finance from the University of Texas and currently serves as a Distinguished Fellow at the Center for Financial Markets and Policy in Georgetown University’s McDonough School of Business. He joins Dash from Tagomi Holdings, a digital asset-focused electronic brokerage, where he served as CCO and Head of Regulatory and Government Affairs. Prior to that, Mr. Palaparthi was Senior Vice President and Global Head of Regulatory Affairs as well as CEO of U.S.-based trading entities for Virtu Financial, and before that served as Vice President of Nasdaq’s Global Trading and Market Services as well as CEO and CCO of Nasdaq’s U.S. broker-dealer entities. Prior to Nasdaq, Mr. Palaparthi spent 11 years at Instinet, LLC, most recently serving as CCO. He began his career at Reuters Americas, working on the Strategic Marketing and Operational Review teams.
“Venu brings a depth of knowledge of securities industry regulation that is second to none, and we are thrilled to welcome him to the Dash leadership team,” said Peter Maragos, Co-Founder and CEO of Dash Financial Technologies. “Venu’s experience in compliance and regulatory affairs will be key as new regulations – in particular the enhanced Rule 606 transparency reporting requirements coming into effect in May – focus even more attention on the core tenets on which our business has been built.”
Mr. Palaparthi added: “Dash is one of the true innovators in the industry, with an extremely impressive technology platform, business model and management team. I am very excited to join the team and get to work in helping Dash continue to grow its business.”