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Peter W. Testaverde, Jr., CPA, is a Partner at Goldstein Golub Kessler LLP. Mr. Testaverde has over 25 years of experience in the financial services industry. His clients include investment partnerships, arbitrage firms and clearing and non-clearing broker-dealers. Mr. Testaverde has worked extensively with clients in the area of broker-dealer regulations, with particular emphasis on Federal Reserve, maintenance margin and SEC net capital rules. He is conversant with brokerage operations, having obtained hands-on experience as the operations partner of a full-clearing options and arbitrage trading firm that is a member of the New York Stock Exchange. With his knowledge of derivative trading instruments, Mr. Testaverde also provides litigation support services for cases involving trading fraud and mismanagement of investment portfolios. He specializes in financial transaction analysis, combining regulatory, tax and business expertise. His experience includes analyzing the tax, accounting and regulatory implications of specific trading transactions and recommending strategies to maximize leverage and minimize tax consequences. He has recommended establishing multi-tiered partnership and corporate structures for effective risk management and capital utilization, facilitating the movement of capital to support various product lines during the trading cycles, while minimizing adverse tax consequences. He has also conducted product-line profitability and risk analyses and has made recommendations that resulted in the expansion of product-line areas and termination of lines of business. He has significant experience in establishing risk management controls in trading and operations departments. A frequent lecturer and author, Mr. Testaverde drafted a response to the Securities and Exchange Commission to amend the Uniform Net Capital Rule. He is a member of the Stockbrokerage and Investment Banking Task Force of the American Institute of Certified Public Accountants, as well as a member of the New York State Society of Certified Public Accountants, the National Association of Compliance Professionals and the Securities Industry Association, for which he serves on the Financial Management, Internal Auditors and Securities Operations divisions. Mr. Testaverde received his B.S. in accounting from Brooklyn College, City University of New York. | 