Former investment bank CCO joins Kraken to prepare for US expansionbr>
On Tuesday, May 26, Kraken announced that financial compliance veteran Howard Bernstein has joined the company as chief compliance officer as the trading platform looks to expand to the United States.
Bernstein brings 20 years of experience in compliance solutions for investment banks and trading firms. Prior to Kraken, Howard was the Chief Compliance Officer at Merriman Capital, Inc., a publicly-held investment bank, where he designed and implemented a completely new compliance program to meet SEC and FINRA requirements.
“I’m looking forward to joining CEO Jesse Powell and the rest of the Kraken team in their ongoing effort to provide clients with an exceptional exchange experience,” said Howard Bernstein.
Bernstein will manage day-to-day compliance operations, engage regulatory officials and lawmakers on Bitcoin policy, and help Kraken anticipate and prepare for future regulatory changes.
Kraken is a San Francisco-based bitcoin exchange.