The Securities Litigation Expert Blog

Douglas Engmann Joins Accelerant LLC

Posted by Jack Duval

Feb 7, 2014 10:38:15 AM

Accelerant is pleased to announce the addition of Doug Engmann as a consultant and expert.  Doug has expertise in many aspects of broker-dealer lending, risk management, and oversight, including:

  • Portfolio margin
  • Hedge fund lending
  • Risk management
  • Portfolio liquidation
  • Derivatives and equities trading
  • Portfolio management
  • Clearing firm practices
  • Exchange and industry utility management

Doug is the President of Engmann Options Inc., a San Francisco private investment and securities consulting firm owned by the Engmann brothers, and Chairman of Sage Brokerage Holdings, the parent of a operating broker dealer servicing proprietary trading groups and hedge funds.

Mr. Engmann recently retired as Co-Chairman of Revere Data, LLC - a business intelligence and data company servicing the financial services industry. He was formerly the Senior Executive Vice President and Managing Director of Equities for Newedge USA, LLC (formerly Fimat USA), where he also served on the Fimat USA Executive Committee. Fimat USA had acquired the San Francisco based retail brokerage firm Preferred Trade (founded in 1982) from the Engmann brothers in 2005. At Fimat, he pioneered the use of portfolio margining under the pilot project approved by the SEC in 2005.  Fimat was the leading broker-dealer using portfolio margining for its hedge fund and institutional customers in 2007.

As an active participant in policy matters regarding securities and derivatives trading and processing, he has served:

  • As a board member of the National Securities Clearing Corporation
  • As a board member of the International Securities Clearing Corporation
  • As a board member of the Options Clearing Corporation
  • On the Securities Industry Association’s Options Committee
  • On the Pacific Exchange as a member of the Board of Governors, Vice-Chairman, and Acting Chairman
  • On the Risk Advisory Committee of the New York Portfolio Clearing (a joint venture between DTCC and the New York Stock Exchange

Doug has a Bachelors in Economics from University of California - Berkeley and a Masters in Economics from the Massachusetts Institute of Technology.

Doug will be associated with Accelerant’s New York City office.  Additional information about Doug can be found here.

Accelerant (http://www.accelerant.biz) is a securities litigation consulting firm specializing in large and complex cases. Our experts have industry, academic, and regulatory experience and bring broad and deep securities and regulatory knowledge as well as analytic rigor to their work.

Accelerant’s clients value our ability to communicate complex ideas simply, our reputation for unbiased, independent, and high quality analysis, and our commitment to a highly responsive work ethic. Headquartered in New York City, Accelerant also serves clients from our Hong Kong and London offices.


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Topics: hedge funds, Securities Expert, portfolio margining, Margin Sales, Doug Engmann, Margin

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