Richard Malone is a seasoned municipal finance professional with more than 20 years of experience advising California public agencies on the issuance of municipal securities. As a registered municipal advisor, Rich has advised on more than 300 municipal securities financings totaling over $9 billion, drafted more than 100 Official Statements, and served as Chief Compliance Officer responsible for implementing and overseeing compliance with SEC and MSRB regulations, including municipal advisor fiduciary duties.
Rich currently serves as Chief Operating Officer of Government Financial Services Joint Powers Authority and as Chief Operating Officer of Government Financial Strategies. Throughout his career, Rich has advised public agencies on general obligation bonds, certificates of participation, revenue bonds, community facilities district financings, tax and revenue anticipation notes, and other municipal securities offerings through both public offerings and private placements. As Chief Compliance Officer, he developed and maintained the firm's written supervisory procedures and compliance program, trained professionals on compliance responsibilities, and managed his firm's response to regulatory examinations and compliance inquiries.
Prior to entering municipal finance, Rich held senior financial leadership positions in the technology sector, including serving as Chief Financial Officer of a 150-person software company where he led the company's initial public offering on NASDAQ. Earlier in his career, he was an options market maker on the floor of the Pacific Stock Exchange.
Rich earned an MBA in Finance from the University of California, Berkeley's Haas School of Business and an AB in Economics from Harvard University. He holds the MSRB Series 50 and Series 54 qualifications, is a Certified Independent Professional Municipal Advisor (CIPMA), and previously served a two-year appointment on the MSRB’s Compliance Advisory Group.
SER Associate Member
Curriculum Vitae