U.S. Securities and Exchange Commission, Office of Compliance, Inspections, and Examinations
Adam Ray currently works at the U.S. Securities and Exchange Commission in the Office of Compliance, Inspections, and Examinations where he leads examinations of investment advisors and broker-dealers located mostly in the West or Southwestern United States. Prior to his current role he worked in the Division of Trading and Markets, Risk Supervised Broker Dealer Program, in Washington, D.C. where he started in early 2012. His group covered the largest U.S. firms who qualify for the alternative net capital rule, which is a model based approach to calculate market and credit risk charges. In addition, Adam has worked with the OTC security based swap dealer program and worked frequently with domestic and foreign regulators to monitor other types of risk at the banks including governance, liquidity, and financial risk. Prior to the SEC, Adam has held senior roles in the private sector to include Partner at a large equity hedge fund based in California, as Managing Director at a European broker-dealer where he led an institutional sales and trading desk, and as Managing Director at MSD Capital the private investing arm of Michael Dell where he managed a multi-billion dollar convertible bond fund. Adam earned a M.B.A degree from the University of California at Irvine and a B.S. degree in Accounting from Syracuse University. Adam currently serves as Vice-president of the Luena Foundation.