Compliance Forum

Karen McMeekin is President of the Regulatory Division, responsible for leading the self-regulatory functions of the Montréal Exchange (MX). Karen brings to this role extensive experience, having held various positions at MX since 2001, including Director, Strategy and Regulatory Outreach; Director of Examinations, Regulatory Division; Business Development Manager, Equity Derivatives, and Head of Market Operations. Prior to joining MX, she began her 25-year career in the listed derivatives market as a futures broker on the Montréal trading floor for TD Securities and Richardson Greenshields. Karen holds a Bachelor of Arts degree in Economics from Concordia University and is a member of Women in Capital Markets.

Marc Komlossy is a Senior Market Analyst in the Montréal Exchange's Regulatory Division. His key responsibilities include overseeing the monitoring of the trading activities of the Exchange's Approved Participants and ensuring their compliance with Exchange rules, as well as working closely with other regulatory bodies trying to achieve the same objectives. Marc has been with the Montréal Exchange since 2016, occupying various roles within the Regulatory Division, and as Senior Equity Derivatives Advisor within the Financial Markets team of the Montreal Exchange. Prior to working at the Exchange, Marc worked for more than 18 years at TD Bank Direct Investing, starting out as an Investment Representative and moving on to roles in compliance, management and finally, training facilitation.

Rosanna Sciortino is an Examiner at the Montreal Exchange's Regulatory Division. Her key responsibilities include conducting periodic examinations of the Approved Participants to ensure they continue to meet regulatory requirements. Rosanna positions herself as a trusted regulatory partner and prides herself in providing Approved Participants with helpful regulatory guidance. Rosanna has been with the Regulatory Division of the Montreal Exchange since 2017. Prior to working at the Division, Rosanna occupied various roles in financial markets and compliance, working at BMO Nesbitt Burns and Laurentian Bank Securities. Rosanna has a degree in Commerce from the John Molson School of Business at Concordia University.

Vinesh Umanee is the Director, Strategy and Regulatory Outreach with the Regulatory Division of the Montreal Exchange. Under his leadership this service is responsible for rules amendments, interpretation and guidance, regulatory requests from market participants and outreach initiatives to provide market participants with information and resources to meet compliance needs. With close to 20 years of experience acquired during his tenure in various roles with regulatory organizations overseeing securities and derivatives markets, as well as roles held in legal and compliance fields at brokerage firms/financial institutions, Vinesh brings a blend of know-how on rulemaking, policy considerations and for having an ear to the ground. Vinesh holds an LLB(Hons) from Northumbria University, Newcastle upon Tyne.

Nathalie Gallant is a Regulatory Consultant of the Regulatory Division at the Montreal Exchange. With over 35 years experience in the financial sector, from back-office operations in derivative instruments to regulatory market surveillance, she brings her subject matter and business analysis expertise to the Regulatory Division assisting its teams with investigations and regulatory review and analysis. Following her two-year expatriate experience in Kazakhstan as Director of Capital Markets at Astana Financial Services Authority (AFSA) from 2019 to 2021, she is now offering regulatory consultation services. Nathalie held managerial roles at NBCN’s back-office for derivatives in the late 90’s, was Supervisor of Market Surveillance of the Regulatory Division of the Montreal Exchange from 2002 to 2006, and was Director of Market Surveillance at the AMF from 2009 to 2016. She also held senior advisory roles at IIROC (now CIRO) prior to joining the Regulatory Division of the Montreal Exchange as a consultant.

Alexander Karabatsos is the Head of Technology and Innovation Strategy at the Regulatory Division of the Montreal Exchange. His team is responsible for the management and administration of the Trading Surveillance System as well as the Salesforce Participant Portal that is the main portal of communication between the Regulatory Division and Approved Participants. Prior to this role he worked as a Market Supervisor as part of the MX’s Market Operations team, also in trading software development, and has more than 15 years of professional trading experience.

Charlotte Larose is the Chief Legal Officer of the Regulatory Division. In this capacity, she leads the Legal Affairs team, which supports the Division's services in their regulatory activities and ensures the enforcement of the rules through a disciplinary process. With 20 years of practice in Business Law, she specializes in financial market regulation and has previously acted as legal counsel at the Autorité des marchés (AMF) and the Montréal Exchange. She holds a Master of Laws (LL.M.) and a Bachelor of Laws (LL.B.) from the Université de Montréal.