The Securities Information Processors’ (SIPs) Operating Committee has added three new members to its Advisory Committee.

The new members are Chris Nielsen, Managing Director, Charles Schwab & Co, W Todd Watkins, Director, E*TRADE Financial Corporation, and Matt Billings, Managing Director, TD Ameritrade.


The SIP Advisory Committee meets quarterly with the CTA and UTP Operating Committees and the Securities and Exchange Commission (SEC) to review SIP performance and discuss policy matters. The 11-member Advisory Committee represents the diverse viewpoints of the marketplace, with representatives from the retail investment community, the vendor community, the institutional brokerage community and the ATS community.
 
“On behalf of the Operating Committees, I’d like to welcome our new Advisory Committee members and thank them in advance for the great assistance they will no doubt provide,” says Emily Kasparov (pictured), Chair of the SIP Operating Committees. “The Advisory Committee plays a vital role in the operation of the SIPs. Chris, Todd and Matt are extremely well respected across the industry, and we look forward to the additional insights they will bring about the unique needs of the retail investment community.”