Exclusive: Pepperstone hires senior ASIC lawyer Peta Stead as Head of Compliance

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LeapRate Exclusive… LeapRate has learned that Melbourne based global FX brokerage group Pepperstone has hired Peta Stead as the company’s new Group Head of Compliance and Operations Risk. Peta will be responsible for the leadership of the compliance team and also provide strategic direction for the business within the context of the evolving global regulatory landscape.

In addition to her compliance role, Peta will also take on responsibility for operational risk.

Peta Stead Pepperstone

Peta Stead, Pepperstone

Peta Stead has spent the past 11 years at Australia financial regulator ASIC as Senior Lawyer in the Complex Products team. This team is directly responsible for the supervision and surveillance of the CFD and margin FX space. Peta also has extensive experience in IT and project management, having worked for a company that designed the world’s first systems to trade ASX and SFE products over the Internet.

Peta will report to Tamas Szabo, Pepperstone’s Group CEO.

Tamas Szabo told LeapRate:

Compliance is a fundamental part of our business and having someone of Peta’s calibre join the Pepperstone team will provide us with exceptional talent in this area.

Peta Stead added:

I am really excited to be joining Pepperstone at this time of business expansion. An understanding and appreciation of regulation has an increasingly important role in determining the success of CFD and FX providers. An educated investor can benefit from leveraged products in a diversified portfolio when they deal with a quality provider who has that strong compliance culture.

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