Management Team

Merlin Elsner joined Multi-Bank Securities, Inc. (MBS) in 2008. He has more than 20 years of compliance experience. Merlin oversees compliance issues as it relates to all aspects of MBS operations on any matter concerning FINRA, SEC, MSRB or state regulatory authorities.

Before his current post, Merlin held the position of AML Officer for LaSalle Bank Corporation. Merlin’s thorough understanding of compliance in the fixed-income industry earned him the appointment of Chief Compliance Officer of MBS in 2009. He was also elected to the board of Multi-Bank Services, Ltd., MBS’s parent company, in July 2024.

He holds several FINRA Licenses, including a General Securities Representative (Series 7), a General Securities Principal (Series 24), a Uniform Securities Agent State Law (Series 63) and an Operations Professional (Series 99). Additionally, Merlin holds a Certified Regulatory Compliance Professional (CRCP) designation from the FINRA Institute at Wharton University of Pennsylvania Aresty Institute of Executive
Education.

Merlin serves on FINRA’s Fixed Income Committee, which advises and makes recommendations to FINRA about regulatory initiatives, rules and policies and public policy issues involving debt securities, including municipal securities and municipal advisory activity.