Clear Street Hires Veteran Regulatory Expert Julian Rainero as Chief Regulatory Counsel

Event summary

  • Clear Street appointed Julian Rainero as Chief Regulatory Counsel effective June 3, 2026.
  • Rainero joins from McDermott Will & Schulte, where he chaired the broker-dealer practice group.
  • He brings 30 years of experience in broker-dealer regulation, market structure, and customer asset protection.
  • Rainero will lead Clear Street's regulatory strategy and counsel on key areas like net capital requirements and securities lending.

The big picture

Clear Street's appointment of Julian Rainero underscores the growing importance of regulatory compliance in the financial infrastructure space. As cloud-native platforms like Clear Street expand, navigating complex broker-dealer regulations becomes critical. This hire positions Clear Street to better manage regulatory risks while scaling its operations globally. The move also highlights the increasing convergence of technology and regulation in capital markets.

What we're watching

Regulatory Strategy
How Rainero's expertise will shape Clear Street's approach to evolving broker-dealer regulations.
Market Expansion
Whether Clear Street can leverage this hire to accelerate its growth in global markets.
Competitive Positioning
The pace at which Clear Street can differentiate itself through regulatory compliance innovations.