Dave has worked in the securities industry since 1985 as an accounting and compliance specialist, and has been registered with FINRA (formerly the NASD) since 1986. He passed the Series 27 Financial and Operations Principal exam in 1986 and has served as FINOP, principal and chief compliance officer for introducing firms, trading firms, investment banks and advisers across the country.
He founded RND Resources, a business consulting firm serving broker-dealers, investment advisers and municipal advisors, in 1989. Debasish Banerjee is a Certified Public Accountant; RND Resources, Inc. is a business consulting firm, not a CPA firm.
Education: BS in Engineering, Indian Institute of Technology; MBA, University of Calcutta; MBA, Thunderbird School of Global Management.
Industry roles today
- RND Resources, Inc.: regulatory compliance consulting, since 1989
- FINRA Western Regional Committee, District 2: elected member, three-year term from January 2023
- Investors Choice Advocates Network (I CAN): Treasurer and Board Member of the non-profit public-interest law firm, since 2022
- Financial Professional Coalition: member, since 2023
FINRA qualifications held
- SIE
- Series 4
- Series 7
- Series 14
- Series 24
- Series 24 + 57
- Series 24 + 79
- Series 27
- Series 52
- Series 53
- Series 57
- Series 63
- Series 65
- Series 66
- Series 79
- Series 99
Roles held include FINOP, Co-FINOP, Chief Compliance Officer, General Securities Principal, Options Principal, Investment Banking Principal, Municipal Securities Principal, Securities Trader Principal, Operations Professional and Adviser Representative. Dave's FINRA licensing is available for engagement on a dual-registration basis, subject to FINRA approval.
Services Dave leads
Articles
- A Guide to Form BD Amendments for Broker-Dealers · October 31, 2026
- Internal Versus Outsourced Compliance Teams · October 29, 2026
- How to Choose a Clearing Firm for a Broker-Dealer · October 26, 2026
- Dunning-Kruger and Price-Based Selection · October 23, 2026
- How AI Is Changing Broker-Dealer Compliance Jobs · October 23, 2026
- Series 27 FINOP Responsibilities Explained · October 21, 2026
- What Securities Industry Compliance Jobs Require · October 20, 2026
- FINRA Compliance Consulting: What a Consultant Should Own · October 19, 2026
- What a Broker Dealer Compliance Consultant Does · October 18, 2026
- SEC Municipal Advisor Registration Requirements · October 17, 2026
- Investment Adviser Annual Compliance Review · October 16, 2026
- Form CRS Filing Requirements for SEC Firms · October 15, 2026
- Reg BI Compliance Program Requirements Explained · October 14, 2026
- Outsourced Chief Compliance Officer for Broker-Dealers · October 13, 2026
- Written Supervisory Procedures for Broker-Dealers · October 12, 2026
- Broker Dealer Net Capital Monitoring Controls · October 11, 2026
- What Is FOCUS Reporting? How Broker-Dealers File Correctly · October 10, 2026
- AML Independent Testing for Broker Dealers · October 9, 2026
- FINRA Rule 1017 Filing (CMA) for Ownership Changes · October 8, 2026
- Outsourced FINOP Services for Broker-Dealers · October 7, 2026
- FINRA New Membership Application Assistance · October 7, 2026
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