COR Clearing Names Michael Barth Chief Risk Officer

FOR IMMEDIATE RELEASE

April 24, 2018

COR Clearing Names Michael Barth Chief Risk Officer

Former ETC Chief Operations Officer Leaves Role to Join Growing Omaha-Based Firm

Omaha, Neb. –COR Clearing LLC, a leading independent, full-service clearing firm serving U.S. middle-market brokerages, announced the hire of industry veteran Michael Barth to serve as Chief Risk Officer.

 Barth joins COR from Electronic Transaction Clearing (ETC) where he was the Chief Operations Officer. He also served in Vice President roles for both Product Development and Business Development during his tenure at the firm. With more than 30 years’ experience in the industry, Barth has held leadership positions in compliance, regulation, marketing and sales.

 “Michael brings to COR more than three decades of effective leadership in the securities industry.” said Carlos P. Salas, COR Clearing CEO. “As we continue to grow our platform and offerings we expect to continue to attract talent of this caliber to support our plans.”

In his role at COR, Barth will oversee the company’s risk policies and practices. He will also be helping to lead several key initiatives planned over the next few months.

 “I’m excited to join COR at a time when they are well-positioned to grow,” Barth said. “After learning more about the COR’s strategic vision, I felt this was a great time to become part of the firm.”

COR Clearing provides clearing and settlement, as well as related technology, administrative and other services through multiple customized platforms to allow introducing firms to focus on growing their businesses.

About COR Clearing LLC

Headquartered in Omaha, Nebraska, COR Clearing is a full-service independent securities clearing firm servicing retail and online broker-dealers and registered investment advisers throughout the United States. COR Clearing is a registered broker-dealer in all 50 states and is regulated by FINRA, the SEC, and additional Self-Regulatory Organizations (SROs). COR Clearing is the wholly-owned subsidiary of COR Securities Holdings Inc.

 

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