Larry Fondren is a veteran of the insurance and securities industries, where he has worked to develop and promote fair and electronic markets. He has served in capacities ranging from agent to senior officer and shareholder of domestic and international insurance and reinsurance companies. In the securities industry, he developed the first SEC-regulated electronic market for trading corporate and municipal bonds and other credit instruments.
In 1999, Fondren launched the first Internet-based facility for single-price auctions of new asset-backed securities. He also developed a secure global network through which corporate buyers and sellers anonymously outline their business interests and receive mutual notifications as potentially complementary interests are outlined by counterparties that meet their respective matching requirements.
Fondren has testified before Congress and other regulatory bodies regarding the need for greater transparency and access to pricing and other transaction information in the U.S. capital markets. He is the inventor of a variety of patent-pending inventions relating to insurance, market price discovery, risk mitigation, securities and other novel financial products and processes.
He received a master of science – financial services degree from the American College (PA) and holds the following professional designations and registrations:
Chartered Life Underwriter (CLU)
Chartered Financial Consultant (ChFC)
Fellow, Life Management Institute (FLMI)
FINRA Series 7 (General Securities Representative)
FINRA Series 24 (General Securities Principal)
FINRA Series 28 (Introducing Broker/Dealer Financial and Operations Principal)
FINRA Series 53 (Municipal Securities Principal)
NASAA Series 63 (Uniform Securities Agent)
NASAA Series 65 (Uniform Investment Advisor)