Mr. Thomas Selman
Silver Spring, MD 20910
Office: 914-296-4346
For 20+ years, I served at the Financial Industry Regulatory Authority, most recently as Executive Vice President for Regulatory Policy and Legal Compliance Officer. I oversaw more than a dozen regulatory programs and developed FINRA's formal compliance program.
I hold a J.D degree., a CFA charter, and a CBDA from the Digital Assets Council of Financial Professionals. I am a member of three state bar associations.
I am devoted to investor protection and market integrity. As President and CEO of Scopus Financial Group, I provide expert testimony in litigation for consumers, industry members, and associate persons. We separately serve as independent consultant in settlement of regulatory actions and furnish regulatory guidance to financial firms.
I have testified at trial, in arbitration hearings, and in depositions. We guide litigants and firm clients through the intricacies of FINRA and SEC regulation. Ours is a relationship service. We are committed to the long-term interests of our clients.
- Cryptocurrency
- Finance
- Financial Planning
- Fraud Investigation
- Investment Banking
- Licensing
- Marketing
- Securities
- Stocks & Bonds
- White Collar Crime
- Q: Please list your professional accreditations, degrees, licenses, and certificates granted:
- A: JD, University of Texas School of Law
Texas Law Review
BA, Rice University
CFA Charter
CBDA from the Digital Assets Council of Financial Professionals - Q: Please list your affiliations or memberships in any professional and/or industry organizations:
- A: Member, DC Bar Association
Member, Texas Bar Association
Member, Maryland Bar Association
Securities Expert Roundtable
NSCP
CFA Institute Capital Markets Policy Council - Q: Please list any teaching or speaking experience you have had, including subject matter:
- A: Extensive speaking as FINRA Executive Vice President and as President and CEO of Scopus Financial Group
- Q: Have any of your accreditations ever been investigated, suspended or removed? (if yes, explain)
- A: No.
- Q: On how many occasions have you been retained as an expert?
- A: From 2020 through October 2025, in nine matters.
- Q: For what area(s) of expertise have you been retained as an expert?
- A: Virtually all aspects of securities regulation, including the supervisory rules, sales practice rules, Reg BI, fiduciary standard of investment advisers, representing a wide variety of firms and individuals in arbitration, at trial, and in SEC enforcement. Cases include civil litigation, SEC enforcement, and commercial litigation in which compliance with a securities rule was at issue.
- Q: In what percentage of your cases were you retained by the plaintiff?
- A: None. I am available to be retained by plaintiffs and defendants.
- Q: In what percentage of your cases were you retained by the defendant?
- A: All. I am available to be retained by plaintiffs and defendants.
- Q: On how many occasions have you had your deposition taken?
- A: From 2020 through October 2025, four times.
- Q: When was the last time you had your deposition taken?
- A: Mid-2024
- Q: On how many occasions have you been qualified by a court to give expert testimony?
- A: From 2020 through October 2025, nine times.
- Q: On how many occasions have you testified as an expert in court or before an arbitrator?
- A: From 2020 through October 2025, five times.
- Q: For how many years have you worked with the legal industry as an expert?
- A: About 5 years.
- Q: What services do you offer? (E.g.: consulting, testing, reports, site inspections etc.)
- A: Expert testimony, consulting, independent consultant as a condition to settlement.
- Q: What is your hourly rate to consult with an attorney?
- A: $1,050
- Q: What is your hourly rate to review documents?
- A: $1,050
- Q: What is your hourly rate to provide deposition testimony?
- A: $1,050
- Q: What is your hourly rate to provide testimony at trial?
- A: $1,050
- Q: Please list any fees other than those stated above (E.g.: travel expenses, copy fees, etc.)
- A: Travel expenses
Available Upon Request