Steven L. Thornton

Chief Compliance Officer, ArcStone Securities LLC

Steven L. Thornton is the President of Thornton & Associates, LLC. He is responsible for the general operations, consulting and FINOP services provided by the firm. Mr. Thornton has over 27 years of securities compliance, auditing and accounting experience. He specializes in the areas of FINRA, SEC, RIA and MSRB compliance, net capital regulation, general accounting practices, and FINRA new membership applications and membership application changes. Mr. Thornton also maintains the Series 7 (General Securities Representative), Series 24 (General Securities Principal), Series 55 (Equity Trader), Series 79 (Investment Banking) and Series 28 (Financial and Operations Principal) and Series 99 (Operations Professional) licenses. Over the last 10 years, Mr. Thornton has been registered with over 55 broker dealers as a Financial and Operations Principal as well as a General Securities Principal.

Prior to forming Thornton & Associates, Mr. Thornton held a position as a securities examiner with the National Association of Securities Dealers (NASD Regulation, Inc.). While with the Association, he was a member of the NASD Regulation Examination Committee where he assisted in the development of trading and market making audit procedures and the restructuring of the new-hire regulatory training program. He received national recognition as the recipient of the prestigious NASD President’s Award that recognizes outstanding service as a securities examiner.

In 2009 Mr. Thornton was elected to a 3-year term on the FINRA District 2 Committee.

Mr. Thornton served in the United States Marine Corps from 1989 – 1995 and is a veteran of Operation Desert Shield/Storm.

After his military service, Mr. Thornton received his Bachelor of Science Degree from California State University, Northridge with a major in Finance.