Former Associate Director of SEC’s National Technology Controls Program Askari J. Foy Joins ACA Aponix

October 10, 2017

ACA Compliance Group (“ACA”) is pleased to announce that Askari J. Foy has joined the firm as a Managing Director overseeing ACA Aponix’s Global Regulatory Cybersecurity practice.

Askari comes to ACA after serving for over 13 years with the U.S. Securities and Exchange Commission (“SEC”), where he was most recently Associate Director and Head of the National Technology Controls Program (“TCP”) with the SEC’s Office of Compliance Inspections and Examinations’ (“OCIE”). TCP conducts cybersecurity examinations of registered investment advisers, broker-dealers, national securities exchanges, clearing agencies, automated trading systems, and self-regulatory organizations to ensure compliance with federal securities laws.

As head of the TCP, Askari developed and implemented cybersecurity risk-based examination and surveillance strategies that promoted the importance of cybersecurity and IT Governance structure among SEC registrants. Askari was also a contributor to the implementation of Regulation SCI, which focuses on critical market infrastructure and is used as a guideline for investment adviser and broker-dealer examinations.

At ACA, Askari will head ACA Aponix’s Global Regulatory Cybersecurity practice, where he will leverage his expertise in corporate governance, enterprise risk management, and regulatory compliance to assist in developing ACA’s regulatory cybersecurity compliance offerings.

“We are excited to have Askari join ACA,” said Marc Lotti, Partner at ACA Aponix. “Askari’s combined knowledge in the areas of regulatory compliance and cybersecurity will help us expand our regulatory cybersecurity compliance offerings, particularly our mock SEC cyber exams, which help our clients prepare for a potential SEC examination.”

Askari holds an M.B.A. degree in executive management from Emory University and a B.S. degree in accounting from Point Park University. He is a certified public accountant and a certified fraud examiner, both in the state of Georgia. 

About ACA Aponix

ACA Aponix provides cybersecurity and technology risk assessments, vendor and M&A diligence services, network testing, and advisory services. Our team of highly experienced technologists combines expertise across the breadth of cybersecurity and information technology. Our award-winning Technology Risk Assessment is designed to address the latest requirements from regulators and boards. We offer a suite of consulting and advisory services designed to help firms uncover risks and identify deficiencies in their cybersecurity policies, procedures, and controls.

About ACA Compliance Group

ACA Compliance Group (“ACA”) is a leading global provider of regulatory compliance products and solutions, cybersecurity and technology risk assessments, AML risk strategies, performance services, and technology solutions to the financial services industry. Founded in 2002 by former SEC examiners and a state regulator, ACA develops and provides its products through a worldwide team of former SEC, FINRA, FSA, NYSE, NFA, and state regulators, as well as former senior in-house compliance professionals and technologists from prominent financial institutions. ACA serves a diverse base of leading investment advisers, private fund managers, commodity trading advisors, investment companies, broker-dealers, and banks. ACA’s products include standard and customized compliance packages, cybersecurity and technology risk assessments, GIPS® verifications and other performance services, and a wide variety of technology solutions for financial services firms.

For More Information

For more information about ACA's Global Regulatory Cybersecurity practice, please contact us at or contact your regular ACA consultant.

Meet Askari Foy

Please join us at ACA's Fall 2017 Compliance conference for an opportunity to meet Askari Foy. Register Here