The Financial Industry Regulatory Authority promoted Susan Schroeder to executive vice president and head of enforcement.

FINRA plans to consolidate the current two enforcement teams into a new group that Schroeder will lead. Under the new structure, Schroeder will report directly to CEO Robert Cook.

Schroeder has been acting head of enforcement since Brad Bennett left the organization earlier in 2017. She previously served as senior vice president and deputy chief of enforcement.