Expertise
Mr. Foster’s general expertise, written opinions and testimonies encompass the following topics:
• FINRA Compliance and Regulations
• AML - Anti-Money Laundering (FINRA 3310)
• Clearing Firms and Clearing Operations
• Supervision
• Suitability
• Churning
• Senior Issues
• Financial Advisor Heightened Supervision
• Outside Business Activities/Private Security
Transactions (RIA Related)
• Written Supervisory Procedures (WSPs)
• On-line web broker-dealers
• Independent broker-dealers
• SEC Direct Market Access (15c3-5)
• US domestic broker-dealer
trading/operations/settlement
• International trading, settlement and custody
• Non-US foreign customer accounts
• Master Accounts and Sub-accounts (FINRA 10-18)
• Books and Records (SEC 17-a-3)
John T. Foster   

President / CEO, Bedford and Main Financial Consulting, Inc.

Work: 609-707-1071
Cell: 609-707-8111
jfoster@bedfordandmain.com
www.bedfordandmain.com/expert-witness-services
LinkedIn
YouTube
Expertise
Mr. Foster’s general expertise, written opinions and testimonies encompass the following topics:
• FINRA Compliance and Regulations
• AML - Anti-Money Laundering (FINRA 3310)
• Clearing Firms and Clearing Operations
• Supervision
• Suitability
• Churning
• Senior Issues
• Financial Advisor Heightened Supervision
• Outside Business Activities/Private Security
Transactions (RIA Related)
• Written Supervisory Procedures (WSPs)
• On-line web broker-dealers
• Independent broker-dealers
• SEC Direct Market Access (15c3-5)
• US domestic broker-dealer
trading/operations/settlement
• International trading, settlement and custody
• Non-US foreign customer accounts
• Master Accounts and Sub-accounts (FINRA 10-18)
• Books and Records (SEC 17-a-3)

John Foster is the President and CEO of Bedford and Main Financial Consulting, which provides specialized consulting services primarily for broker-dealers and RIAs. In 2019 Bedford and Main became listed in the FINRA Compliance Vendor Directory. He calls upon his in-depth knowledge of broker-dealer management, operations and compliance to offer expert opinions and testimony. He specializes in clearing services and industry infrastructure litigation, along with Anti-Money Laundering (AML) issues for broker-dealers. He is proud to represent either side of the legal table to support the highest standards of fairness for broker-dealers and clients alike.

Prior to founding Bedford and Main in 2012, Mr. Foster worked for 13 years in “C” level positions for a large, multi-national clearing firm, allowing him to develop expertise with foreign accounts and anti-money laundering issues. He later served as the President/CEO of an independent broker-dealer, where he was responsible for a retail-based business and on-line brokerage services. The experience provided John with a uniquely relevant understanding of core SEC and FINRA compliance issues, such as suitability, supervision, senior issues, churning and written supervisory procedures. He is proficient in matters related to client and firm interactions with both Financial Advisors and On-line firms.

Senior Level Experience - Decades of diverse high-ranking management experience in the broker-dealer industry. Previously held Ser, 3,7,24, 27, 63.

Still Actively Engaged – John's expert witness business is a natural extension of his core consulting services. He is an ACAMS Certified Anti-Money Laundering Specialist who annually conducts many independent AML reviews. John is also certified as a FINRA Dispute Resolution Arbitrator.

Selectivity - It would not be possible to hold to our standards of supporting the industry if we were not selective as to specific issues and our ability to ethically provide an expert opinion.

Curriculum Vitae