Michael G. Felty currently serves as the Head of Quant Compliance at Balyasny Asset Management L.P. (BAM), where he leverages nearly 25 years of regulatory and compliance expertise to navigate the complex landscape of quantitative trading strategies. With a robust background as a U.S. Army...
Michael G. Felty currently serves as the Head of Quant Compliance at Balyasny Asset Management L.P. (BAM), where he leverages nearly 25 years of regulatory and compliance expertise to navigate the complex landscape of quantitative trading strategies. With a robust background as a U.S. Army Counterintelligence Agent, Michael transitioned into the financial sector, dedicating the past 19 years to various Chief Compliance Officer roles within Citadel and Citadel Securities. This extensive experience has equipped him with a deep understanding of financial regulation, particularly in areas such as electronic trading, proprietary trading, and alternative investments.
At BAM, Michael plays a pivotal role in ensuring that the firm's quantitative trading strategies adhere to regulatory standards and best practices. His responsibilities include providing compliance advice, conducting thorough risk assessments, and implementing robust compliance programs tailored to the unique demands of quantitative trading. Michael's expertise in trading systems and market data analysis enables him to identify potential compliance risks and develop proactive solutions that align with the firm’s strategic objectives.
Michael’s skill set encompasses program management, FINRA regulations, and a comprehensive understanding of equity trading and ETFs, making him an invaluable asset to BAM's compliance framework. His commitment to fostering a culture of compliance not only protects the firm but also enhances its reputation in the competitive landscape of asset management. As the industry continues to evolve, Michael remains at the forefront, ensuring that BAM's innovative trading strategies are both compliant and effective in achieving their financial goals.
