Welcome!

News Feed Item

Dana Schmidt Joins LOYAL3 as Chief Compliance Officer

Financial Services Executive to Lead Company-Wide Compliance

SAN FRANCISCO, CA -- (Marketwired) -- 07/29/14 -- LOYAL3 today announced that Dana Schmidt has joined the company as Chief Compliance Officer. LOYAL3 is a social platform that makes it easy and affordable for people to invest in their favorite brands' stock and initial public offerings (IPOs).

"Dana's extensive experience in the financial services industry will help us operate under the highest levels of regulatory compliance as we democratize the capital markets," said Barry Schneider, CEO, LOYAL3.

As Chief Compliance Officer at LOYAL3, Schmidt will manage all regulatory compliance impacting the broker-dealer business.

"LOYAL3 is an extremely innovative force in the industry and I'm excited to join a company that is making investing more accessible for individuals," said Dana Schmidt.

Prior to LOYAL3, Schmidt served for 7 years as Chief Compliance Officer and Chief Administrative Officer of Microplace, an eBay innovative online broker-dealer, and as a Trustee for the PayPal Mutual Funds. Prior to eBay, Dana was Integration Manager for Wells Fargo Funds' $29 billion acquisition of Strong Financial. Prior to Wells, Schmidt spent thirteen years as Chief Administrative and Chief Compliance Officer for Montgomery Asset Management following several years at Morgan Stanley.

Schmidt received a BA from Haverford College and an MBA from Duke University.

About LOYAL3
LOYAL3 offers a highly scalable social technology platform that makes stock ownership easy and affordable for a new class of individual investors. LOYAL3's Social Stock Plan enables people to buy stock in their favorite companies in three steps, with as little as $10 and no fees. LOYAL3 also offers the Social IPO™, a platform that opens up IPO access to people on a first-come, first-served basis, making IPO stock available at the same price and time as Wall Street. With its Stock Rewards™ product, LOYAL3 enables companies to use their stock for brand-positive promotions to increase acquisition, engagement and loyalty. LOYAL3 generates revenue from companies by helping them raise capital, attract low-cost individual shareholders and create a deeper level of brand engagement. For more information, visit www.loyal3.com.

LOYAL3 Disclosures: Our mission is to make it easier and more affordable for people to invest in the brands they know and love. Own What You Love® represents our core philosophy that there is affinity between people and the brands that they know -- and love! -- and that we want to make it possible for more people to invest in many of their favorite brands.

Participants are not charged fees for enrollment, transactions, or account transfer, and are not required to maintain a minimum account balance. IPOs require a $350 minimum account balance, but unused funds can be withdrawn at any time. Maximum purchase generally limited to $10,000 per IPO and $2,500 per month per non-IPO stock. Purchases will include partial or fractional shares. When you sell shares, LOYAL3 uses a batch or combined order process, and typically executes trades only once per day, which means that the price you will receive will differ, perhaps significantly, from the market price of the shares available when you place your order.

Participant accounts are held at LOYAL3 Securities, Inc. Member FINRA, SIPC. Security products are not FDIC insured, are not bank guaranteed, and may lose value. LOYAL3 Securities, Inc. does not solicit, recommend, or offer advice on the merits of investing in any securities. The availability of any security on the LOYAL3 platform is based on various factors, including social prominence, but is not based on value and does not mean that it is an appropriate investment for you. Further investment risk disclosures here. The availability of any security on the Browse Stocks page does not necessarily indicate any contractual relationship between LOYAL3 and the listed company, or the payment of fees for services. Stocks that are not subject to a prospectus are subject to our Terms and Conditions. Be careful about any credit card payments that may incur interest charges from your credit card issuer. Participants agree to receive all communications from LOYAL3 and companies electronically.

Brand logos are owned by the respective companies and not by LOYAL3. The use of a company's brand logo does not represent an endorsement of LOYAL3 by the company, nor an endorsement of the company by LOYAL3, nor does it necessarily imply the existence of any contractual relationship.

© 2014 LOYAL3 and its subsidiaries. All rights reserved. Trademarks are owned by LOYAL3 Holdings, Inc., or the issuers. This platform is designed for U.S. residents only.

CONTACT:
Courtney Scharff
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that Enroute Lab will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enroute Lab is an industrial design, research and development company of unmanned robotic vehicle system. For more information, please visit http://elab.co.jp/.
Cloud-based disaster recovery is critical to any production environment and is a high priority for many enterprise organizations today. Nearly 40% of organizations have had to execute their BCDR plan due to a service disruption in the past two years. Zerto on IBM Cloud offer VMware and Microsoft customers simple, automated recovery of on-premise VMware and Microsoft workloads to IBM Cloud data centers.
Why Federal cloud? What is in Federal Clouds and integrations? This session will identify the process and the FedRAMP initiative. But is it sufficient? What is the remedy for keeping abreast of cutting-edge technology? In his session at 21st Cloud Expo, Rasananda Behera will examine the proposed solutions: Private or public or hybrid cloud Responsible governing bodies How can we accomplish?
There is huge complexity in implementing a successful digital business that requires efficient on-premise and cloud back-end infrastructure, IT and Internet of Things (IoT) data, analytics, Machine Learning, Artificial Intelligence (AI) and Digital Applications. In the data center alone, there are physical and virtual infrastructures, multiple operating systems, multiple applications and new and emerging business and technological paradigms such as cloud computing and XaaS. And then there are pe...
SYS-CON Events announced today that Daiya Industry will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Daiya Industry specializes in orthotic support systems and assistive devices with pneumatic artificial muscles in order to contribute to an extended healthy life expectancy. For more information, please visit https://www.daiyak...
Real IoT production deployments running at scale are collecting sensor data from hundreds / thousands / millions of devices. The goal is to take business-critical actions on the real-time data and find insights from stored datasets. In his session at @ThingsExpo, John Walicki, Watson IoT Developer Advocate at IBM Cloud, will provide a fast-paced developer journey that follows the IoT sensor data from generation, to edge gateway, to edge analytics, to encryption, to the IBM Bluemix cloud, to Wa...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists examined how DevOps helps to meet the de...
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo Silicon Valley which will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is at the intersection of technology and business-optimizing tools, organizations and processes to bring measurable improvements in productivity and profitability," said Aruna Ravichandran, vice president, DevOps product and solutions marketing...
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
The last two years has seen discussions about cloud computing evolve from the public / private / hybrid split to the reality that most enterprises will be creating a complex, multi-cloud strategy. Companies are wary of committing all of their resources to a single cloud, and instead are choosing to spread the risk – and the benefits – of cloud computing across multiple providers and internal infrastructures, as they follow their business needs. Will this approach be successful? How large is the ...
In his session at @ThingsExpo, Greg Gorman is the Director, IoT Developer Ecosystem, Watson IoT, will provide a short tutorial on Node-RED, a Node.js-based programming tool for wiring together hardware devices, APIs and online services in new and interesting ways. It provides a browser-based editor that makes it easy to wire together flows using a wide range of nodes in the palette that can be deployed to its runtime in a single-click. There is a large library of contributed nodes that help so...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Many organizations adopt DevOps to reduce cycle times and deliver software faster; some take on DevOps to drive higher quality and better end-user experience; others look to DevOps for a clearer line-of-sight to customers to drive better business impacts. In truth, these three foundations go together. In this power panel at @DevOpsSummit 21st Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, industry experts will discuss how leading organizations build application success from all...
Most of the time there is a lot of work involved to move to the cloud, and most of that isn't really related to AWS or Azure or Google Cloud. Before we talk about public cloud vendors and DevOps tools, there are usually several technical and non-technical challenges that are connected to it and that every company needs to solve to move to the cloud. In his session at 21st Cloud Expo, Stefano Bellasio, CEO and founder of Cloud Academy Inc., will discuss what the tools, disciplines, and cultural...
The “Digital Era” is forcing us to engage with new methods to build, operate and maintain applications. This transformation also implies an evolution to more and more intelligent applications to better engage with the customers, while creating significant market differentiators. In both cases, the cloud has become a key enabler to embrace this digital revolution. So, moving to the cloud is no longer the question; the new questions are HOW and WHEN. To make this equation even more complex, most ...