Expert in Litigation and Regulatory Consultant

Specialties & Experience of this Expert Witness

Additional Information

For 20+ years, Tom Selman served at the Financial Industry Regulatory Authority, most recently as Executive Vice President for Regulatory Policy and Legal Compliance Officer. He oversaw more than a dozen regulatory programs and developed FINRA's formal compliance program. Mr. Selman holds a J.D degree., a CFA charter, and a CBDA from the Digital Assets Council of Financial Professionals. He is a member of three state bar associations. As President and CEO of Scopus Financial Group, Mr. Selman has extensive experience in providing expert testimony in litigation for defendants and claimants. He is frequently retained at inflection points in litigation to assess class-certification risk, rebut expert theories, and evaluate compliance issues under compressed timelines. Mr. Selman has successfully testified in FINRA and AAA arbitrations and state and federal courts, including the Delaware Chancery Court. He has testified on a wide range of issues, including the supervision of associated persons of broker-dealers and investment advisers, the required written supervisory procedures of firms, the sales practice rules of the SEC (such as the fiduciary duty of investment advisers and Reg BI), and the 1940 Acts.