Ferstand Heads to TAG

Transaction cost analysis (TCA) reporting vendor Transaction Auditing Group (TAG) has hired 25-year industry veteran Walter Ferstand as senior vice president of the vendor's compliance and regulatory consulting services.

Prior to joining the firm, Ferstand held senior-level compliance positions at broker-dealers Instinet and MF Global.

In his new role, he will work with brokerages and exchanges to evaluate, educate and advise on specific order reporting requirements, to ensure that each firm has

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