Why Tölt Strategies?
We’re passionate about helping you grow and build for the future
The Tölt team of independent, experts can tailor a solution focused on achieving your goals through efficient allocation of resources and stakeholder management. We utilize bespoke principal-level team structures to ensure effective, efficient solutions.
We tailor time-tested regulatory solutions to innovative industries
Recent senior government experience combined with decades of private sector pragmatism
Investing now in independent services and solutions can pay dividends later
The Tölt Strategies Team
Tölt Strategies is Proudly Owned and Led by Women
Tel: +1 212-287-5810
Education
Harvard Law School, JD
University of Texas at Austin, BA
ACAMS
Public Service
Director of the Division of Market Oversight, CFTC
Chief Finance Counsel – The Honorable Kirsten E. Gillibrand, U.S. Senate (responsible for drafting crypto legislation)
Law Clerk – Honorable John E. Sprizzo, U.S. District Court for the Southern District of New York
Dorothy D. DeWitt
Founder & CEO
Dorothy D. DeWitt is the founder and CEO of independent monitor and compliance advisory firm Tölt Strategies. Her experience regulating and advising companies in emerging and traditional regulated financial services sectors allows her to provide clients with pragmatic, customized solutions that consider the client’s requirements, organization, and culture, among other factors, and are supportive of responsible innovation and growth. Ms. DeWitt recently served as the first woman director of the Division of Market Oversight (“DMO”) at the Commodity Futures Trading Commission (“CFTC”). Ms. DeWitt was responsible for the licensing, regulation, and examination of derivatives trading platforms, and oversaw the approximately $400 trillion notional commodity derivative markets regulated by the CFTC. Ms. DeWitt led a staff of approximately 100 lawyers and economists. She oversaw five departments responsible for regulating and licensing designated contract markets, SEFs, FBOTs, and Swap Data Repositories; examining those entities; and identifying and advising the full Commission on emerging risk, trends, and market structure across regulated derivatives markets and the underlying spot markets to support policymaking and enforcement.
Ms. DeWitt led teams that finalized the CFTC’s last Dodd-Frank rules, and she supported three President’s Working Groups on Financial Markets under two administrations on payment stablecoins and cybersecurity. Ms. DeWitt regularly briefed the White House’s National Economic Council, Congress, Treasury, the SEC, and international regulators and policymakers on emerging risks and issues in the commodity cash and derivative markets. She also led an update of applicable recordkeeping and other rules and issued no-action relief and guidance during the Covid-19 pandemic. Ms. DeWitt was awarded the CFTC Chairman’s Award for Management Excellence in recognition of her accomplishments.
At the request of U.S Senator Kirsten Gillibrand of New York, Ms. DeWitt joined the Senate to provide technical policy expertise in developing crypto legislation and banking policy in the context of the 2023 banking crisis. She served as Chief Finance Counsel to the Senator. Ms. DeWitt joined the CFTC from Coinbase, where she served as General Counsel, supporting the establishment and growth to global leadership of Coinbase Custody and institutional services.
Ms. DeWitt previously served in senior legal and compliance roles at S&P Global, Citadel Securities, JPMorgan and as an attorney at Davis Polk. At S&P Ratings, Ms. DeWitt successfully led a $100 million program to establish a culture of compliance and build an internal control framework in the wake of new Dodd-Frank SEC regulations, financial
crimes compliance requirements, and a global SEC and State AG settlement of approximately $1.2 billion involving significant remediation and other undertakings.
At Citadel Securities, Ms. DeWitt led a major program assessing and enhancing the organization’s internal control framework and compliance program, enabling the organization to triple its market share compliantly with no additional headcount. This involved identifying legal and regulatory requirements, mapping and assessing controls against each, enhancing and automating the internal risk and compliance control framework, developing year-round compliance testing programs, and improving the annual compliance report processes for several broker-dealers and a CFTC-registered swap dealer. Previously, Ms. DeWitt spent nearly a decade as a portfolio manager and analyst at arbitrage hedge funds and funds of funds. Ms. DeWitt earned a B.A. from the University of Texas at Austin (summa cum laude, Phi Beta Kappa) and a J.D. from Harvard Law School (cum laude).
Tel: +1 (646).663-7271
Education
West Virginia University, BA
Media Communications & Strategic Social Media
Awards
Court of Master Sommeliers, Level 1 Introductory Course and Certificate
Camille Rose Baptiste
Camille Baptiste administers the business and operations of Tölt Strategies. She has worked in similar capacities in early-stage startups, law firms, and for individuals. She brings a wealth of experience in organizational structuring, CRM, event planning, and executive support.
Prior to her career as a personal and executive assistant, Ms. Baptiste worked as an office manager for shared office spaces in New York and Denver, CO.
Before entering the corporate world, she developed her skills in hospitality, supporting a Michelin star winning Master Sommelier in Boulder, CO and working for The Ritz Carlton in Denver, CO. During her tenure in restaurants and hotels, she developed a passion for event planning, which has proven invaluable in her current endeavors. As an event planner, Ms. Baptiste developed extensive experience in vendor management, wine service, and event design. Ms. Baptiste’s eye for detail and creative spirit stems from her educational background in watercolor painting, sculpture, mixed media, and photography.
Ms. Baptiste’s passion for personal and executive assistance began while working as a nanny and household manager for an Emmy Award winning television producer. It was during this time she was introduced to the world of female entrepreneurs and leadership. Her career focus is learning skills from industry leaders and mentoring other women in early and mid career development.
Ms. Baptiste received a BA from West Virginia University
Education
Lehigh University, B.A.
George Washington University, MBA
Stephen Lurie
Stephen has over 40 years of financial services experience providing independent compliance consulting advice and performing independent validations on a firm’s internal controls to meet regulatory requirements.
Highlights include:
- Performing an independent program assessment of a leading crypto broker dealer. Assessment reviewed the design of controls and the testing of their operational effectiveness.
- For a crypto-commercial bank under a Written Agreement with the Federal Reserve for inadequate controls, developed and enhanced internal controls documentation for onboarding customers, IATs, control exception processes, QC reviews, and digital asset monitoring leveraging Chainalysis.
- Performing audit validations of compliance remediation efforts of regulatory findings from the Federal Reserve and NYDFS covering data quality and risk assessments.
- For the US operations of a global investment bank and asset manager established and led a compliance testing unit to meet the regulatory requirement of financial institutions having a complex compliance profile
- Design and operational effectiveness testing of programs/audit validations under Consent Orders at banks, broker dealers and SEC- exempt funds including:
- Audit validation of a money center bank’s remediation of its updating processes of their Latin American high net worth banking and broker- dealer customer files
- Independent review of a FHC’s retail and institutional broker dealers in US and Europe, and affiliated US banks
- BSA/AML and sanctions audits of hedge and private equity funds and their advisors
Mr. Lurie earned a B.A. from Lehigh University and an MBA from George Washington University
Tel: +1 212-287-5810
Education
University of Chicago, B.A.
George Washington University, M.I.A.
University of Pennsylvania M.B.A.
Tracy Yuen Manty
Tracy Yuen Manty is an experienced project manager, product manager, sales leader, and technologist. She has experience in multiple industries and has played an instrumental role in the growth and success of each company to which she has contributed.
Ms. Manty serves as Principal Project Manager for Tölt Strategies. Prior to that, Ms. Manty served as the Director of Retail Analytics and Field Sales and Marketing at 88 Acres Foods. In this role her work was directly responsible for growing the brand from a presence in 42 retail stores to more than 3,000, including nationally in Whole Foods Markets.
Ms. Manty has worked in consulting, technology (health care, advertising, internet, and legal services verticals), education, and food. She has previously overseen the Corporate Governance software suite for CT Corporation (a Wolters Kluwer Company) as its Group Product Manager, with a focus on serving the needs of General Counsels and Corporate Secretaries.
Comfortable in technology and software development, Ms. Manty served as the Principal Project Manager for Insum Solutions, an Oracle consulting firm based in Montreal, as well as Product Innovation Manager at athenahealth.
In addition, Ms. Manty has extensive experience living and working in China. Early in her career, she consulted for U.S. companies aiming to enter the China market. With this experience, in 2006-2012, Ms. Manty partnered with leading Harvard Business School professors to launch a class titled, “Doing Business in China in the Early 21st Century.” She has written more than 26 published HBS business cases, with two in the Premier Case Collection.
Ms. Manty is a Board Member for the Arlington Education Foundation and serves on the Alumni Board of Governors of the University of Chicago, where she earned her undergraduate degree.
Ms. Manty earned a Master’s degree in International Affairs from the George Washington University, a certificate in China studies from the Hopkins-Nanjing Center, and an MBA from the Wharton School of the University of Pennsylvania.
Education
Stonehill College, B.A.
Boston College, M.A.
Stevens Institute M.S.
David Sexton
David Sexton is a technologist with extensive expertise in the financial services industry. Most recently, Mr. Sexton was a Director at BlackRock in the BlackRock Solutions group, focusing on client self-service onboarding systems for portfolios and trading for the Aladdin product. Mr. Sexton oversaw the implementation of automation systems for the onboarding of portfolios, trading setup and users.
Over the course of his career, Mr. Sexton has worked on operational systems spanning clearing and settlement, corporate actions, regulatory reporting, and financial control software. He has worked for some of the leading financial institutions including Blackrock, State Street, UBS, and Citi.
Mr. Sexton’s technical and data related work includes:
- Clearing and settlement systems, including trading setup, DTCC interactions, SWIFT processing, corrections and adjustments.
- Full stack financial service application-level development in Java, Spring, framework-based javascript, python, C, C++, and C#
- Extensive database experience on large financial services datasets including recent work in Snowflake, Oracle, Sybase and Postgres
- Messaging software including SWIFT, IBM MQ, and RabbitMQ
- Development operations and SDLC
Prior to his career in financial services, Mr. Sexton worked as a high school teacher at Malden Catholic High School and a reporter for the Boston Herald.
Tom Shpetner
Tom began his securities industry career in 1994 as a legal assistant in the Private Client Group of Merrill Lynch, Pierce, Fenner & Smith, where he was responsible for retail brokerage and investment advisory matters. In 1998, upon graduating from Brooklyn Law School, Tom joined the staff of the SEC’s Enforcement Division as a Staff Attorney, ultimately becoming a Branch Chief in 2000.
In 2002, Tom joined Lehman Brothers, where he covered a wide variety of regulatory matters. In 2008, Tom became an employee of Barclays Capital where he continued his involvement in these matters, as well as additional responsibilities for litigation and commercial legal work. In 2009, Tom became the principal manager of the regulatory audits and inquiries group and secretary of the best execution committee at Goldman Sachs. In 2011, Tom moved to RBC Capital Markets as Head of Equities compliance and later took on responsibilities for Regulatory Inquiries and Bank Regulatory Compliance.
In 2016, Tom was Chief Compliance Officer for ITG, an institutional broker-dealer where he covered dark pool activity, clearing businesses, and co-chaired the firm’s global risk committee. In 2020, Tom became CCO of Global Shares, covering risk and governance items, anti-money laundering, trade reporting, and best execution. From 2021 to 2023, Tom served as Global Chief Compliance Officer of Atomic Vest Inc., a financial technology firm serving as a Registered Investment Adviser and a Broker-Dealer. Thereafter, Tom served as General Counsel and Chief Compliance Officer of Electron Exchange in its effort to become a CFTC-registered Exchange and Clearinghouse. Tom now has an active legal and consulting practice working with financial services companies on enforcement, governance, and reporting matters, as well as advising on the registration of FINRA and CFTC-regulated financial services firms.
Tel: +1 212-287-5810
Education
Rutgers University, BA
New York University, MA
Julie D. Steinberg
Julie Steinberg is a veteran regulatory advisory compliance consultant. She began her career on the buy side of a boutique investment management firm, and has become a global regulatory compliance practioner across financial services, including banking,insurance, investment management, payments, advisory, and more. Ms. Steinberg also spent six years with the Big 4, and leverages her knowledge of financial services and compliance with extensive experience in risk management, operations, and technology.
Ms. Steinberg has established new departments within organizations and developed long-term regulatory frameworks for Fortune 500 organizations, including those under stringent regulatory scrutiny. She has worked on large third-party consulting teams reporting to appointed independent monitors, and has assisted her clients with bespoke, insightful deliverables. Sample accomplishments include:
- As part of an independent monitoring team, identified significant volumes of suspicious transactions undetected by software, as well as authored reports detecting key operational risk and control challenges across a complex, global framework.
- As an advisor to Business Units, Regional Leadership, and Senior & Executive Management on all global financial crimes compliance matters, flagged fraudulent M&A activity and ensured proper due diligence was applied in a timely manner. Collaborated with business to update their related M&A policies and procedures to improve related controls.
- Created and managed a global set of programs to address all global financial crimes compliance matters. Included authoring and implementing new policies and procedures, executing a enterprise risk assessment, developing appropriate roles and responsibilities across teams, advising across 5 business units and all geographies, implementing new systems and related operations, and providing due diligence/advising on global as well as business unit related deals.
- Implemented 3rd party technology monitoring systems across business units and global geographies
Sample employers and clients include Promontory, PricewaterhouseCoopers, HSBC, Citi, Blackrock, and McGraw Hill Financial (renamed S&P Global).