Expert Witness

Mr. Loveland served as a subject matter expert to the New York Stock Exchange {NYSE} Qualification Committee from 1983 to 2001 as to all matters related to the activities of Registered Representatives. He currently serves as a subject matter expert to the North American Securities Administrators’ Association {NASAA} as to the requirements necessary for offerors of investments and securities under state law, and fraudulent practices related thereto, among other matters.

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Mr. Loveland has been a teacher for many years. Among other engagements, he was Adjunct Professor, William Mitchell College of Law, from 1978 to 1987. He is currently Adjunct Faculty for The Center for Fiduciary Studies, teaching the Prudent Practices for Investment Advisors.

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Mr. Loveland is a member of the American Bar Association, Business Law Section, Committee on Federal Regulation of Securities, and Committee on State Regulation of Securities. He has been a member of the Financial Planning Association since 1983, serving on their Board of Directors from 2011 to 2013. He was a recipient of their Heart of Financial Planning Award in 2010.

 

Education

 

• University of Minnesota, Duluth

  • BA, Philosophy & Pre-Law

• ​William Mitchell College of Law

  • Juris Doctor​​

 

Affiliations

 

• Certificate in Securities Regulation, Harvard University Law School, Program of Instruction for
  Lawyers, 1983.

• New York Stock Exchange Series 7 Item Writing Committee, 1983 to 2001.

• Member, Financial Planning Association, 1983 to present.

• Subject Matter Expert, Series 63/65/66 revisions, North American Securities Administrators' Association
  (NASAA) 1990 to present.

• Securities Arbitrator for NYSE, CBOE, NFA and AAA, 1990 to present.

• Member, SIFMA Compliance and Legal Division.

• American Bar Association, Business Law Section, Committee on Federal Regulation of Securities, and
  Committee on State Regulation of Securities.

• Adjunct Professor, William Mitchell College of Law, 1978 -1987.

• Member, Financial Services Auditor Group, The Institute of Internal Auditors.

• Member, Investment Management Council, Center for Fiduciary Studies.

• Member, National Society of Compliance Professionals, 1987 - 2014.

• Member, Securities Experts' Roundtable.

• Accredited Investment Fiduciary Analyst®, Katz Graduate School, University of Pittsburgh, 2001,
  Valedictorian.

• Certified Investments and Derivatives Auditor®, Investment Training and Consulting Institute, 2003.

• Board of Directors, Financial Planning Association, 2011 - 2013.

• Clean CRD U-4.

 

Selected Securities Industry Experience

 

• Keith Loveland Consulting; 1978 to present

  • Compliance, fiduciary and regulatory audits and consulting for Investment Advisers and Broker-
    Dealers.

  • Firm element surveys and educational seminars, including CFP® Ethics Continuing Education.

  • Consulting as to Investment Adviser formation and related issues.

  • Preparation of Written Supervisory Procedures, Compliance Manuals & Codes of Ethics for
    broker-dealers and investment advisers.

  • Litigation and arbitration consulting & expert witness services.

  • Enforcement defense.​

• Chief Compliance Officer; Larson Allen Private Financial Advisors, 2000
  - 2001; an SEC Registered Investment Adviser

• Executive Vice-President & Chief Compliance Officer; Washington Square Securities, Inc., 1999-
  2000; a Registered Investment Adviser & Broker-Dealer.

• Chief Compliance Officer - Chief Legal Officer; Offennan & Company/ Marquette Investment
  Services, 1992-1994 and 1997-1999; a Registered Investment Adviser & Broker-Dealer.

• Chairman of the Investment Committee; IRI Asset Management; 1987 - 1989; a Mutual Fund
  Sponsor & Registered Investment Adviser.

• Chairman of the Board; Capital Management Associates, 1982-1987; a Registered Investment
  Adviser & Broker-Dealer.

 

Exam History

 

• Series 3 - Commodity Futures Representative

• Series 4 - Registered Options Principal

• Series 5 - Debt Securities Registered Options Principal

• ​Series 7 - General Securities Representative

• Series 8 - General Securities Sales Supervisor

• Series 15 - Foreign Currency Registered Options Principal

• Series 24 - General Securities Principal

• Series 27 - Financial and Operations Principal

• Series 53 - Municipal Securities Sales Supervisor

• Series 63 - Uniform Securities Agent State Law Examination

• Series 65 - Uniform Investment Advisor Law Examination

• Series 66 - Uniform Combined State Law Examination

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* No longer registered or affiliated with FINRA or the National Futures Association (NFA) as a Principal, Registered Representative, or Commodities Representative.

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