The Richard “Rick” Ketchum prize program was recently introduced by the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation.
Ketchum is an admired and well-known individual credited for his distinguished leadership spanning over three decades in the field of securities regulation.
“We wanted to pay tribute to an individual who leaves behind a rich legacy—deepening our understanding of financial capability and ensuring investor protections through enforcement, education and outreach,” said John J. “Jack” Brennan, Chairman of FINRA’s Board of Governors.
The FINRA Board of Governors and Board of Directors established the new prize program to honor Ketchum following his retirement earlier this year. The program will honor researchers and educators on an annual basis who have made these major and uncommon advances to strengthen financial capability in the United States and advance investor protection.
“This award will highlight the accomplishments of leading researchers and educators who further the cause of financial well-being in the United States,” said Robert Cook, FINRA’s President and Chief Executive Officer and Chairman of the FINRA Foundation. “We know increasing financial capability can help individuals and families achieve their life goals.”
The program is currently accepting nominations for the prize, which must be received by March 1, 2017 for the 2017 award. The annual prize consists of a $10,000 prize and national recognition.