Mark Connolly (public official)
Encyclopedia
Mark Connolly is the former Deputy Secretary of State and Director of New Hampshire
New Hampshire
New Hampshire is a state in the New England region of the northeastern United States of America. The state was named after the southern English county of Hampshire. It is bordered by Massachusetts to the south, Vermont to the west, Maine and the Atlantic Ocean to the east, and the Canadian...

 Bureau of Securities Regulation. He held this position 2002 to 2009. He is a member of the Democratic Party.

Early life, education, and early career

Connolly earned his B.A. in Government and Environmental Studies from Dartmouth College
Dartmouth College
Dartmouth College is a private, Ivy League university in Hanover, New Hampshire, United States. The institution comprises a liberal arts college, Dartmouth Medical School, Thayer School of Engineering, and the Tuck School of Business, as well as 19 graduate programs in the arts and sciences...

 and received his MBA in Business from Northwestern University
Northwestern University
Northwestern University is a private research university in Evanston and Chicago, Illinois, USA. Northwestern has eleven undergraduate, graduate, and professional schools offering 124 undergraduate degrees and 145 graduate and professional degrees....

 Kellogg School of Management.

Connolly began his professional career in 1984 as an officer at First Chicago. From 1987 until 1991 he served as Vice President and Securities Principal at Chubb Securities Company before serving as a Corporate Vice President of Chubb Life Insurance Company from 1991-1997. Here, Connolly helped develop and manage the Corporate Accounts business unit which handled investment products for the institutional markets. Connolly then served as Vice President at Fleet Boston from 1997-2000 where he was a private banker in New England. Before his appointment as Director of Securities Regulation, Connolly served as Vice President - Institutional Account Relationship Manager/Team leader at Wellington Management in Boston.

Connolly's career in public service began in when he served as a state representative from Beford (1977-78) while still in college at Dartmouth College
Dartmouth College
Dartmouth College is a private, Ivy League university in Hanover, New Hampshire, United States. The institution comprises a liberal arts college, Dartmouth Medical School, Thayer School of Engineering, and the Tuck School of Business, as well as 19 graduate programs in the arts and sciences...

. He also served as assistant secretary of state from 1980-1984 and was a member of Governor Judd Gregg's transition committee in 1988, Governor Judd Gregg's Task Force on State Government Reorganization in 1992, and Governor John Lynch's Transition Committee in 2004.

Deputy Secretary of State and Director of Securities Regulation

Mark Connolly was appointed Deputy Secretary of State and Director of Securities Regulation by the New Hampshire
New Hampshire
New Hampshire is a state in the New England region of the northeastern United States of America. The state was named after the southern English county of Hampshire. It is bordered by Massachusetts to the south, Vermont to the west, Maine and the Atlantic Ocean to the east, and the Canadian...

Bureau of Securities Regulation in 2002. Connolly reported to Secretary of State William Gardner. The agency has oversight responsibility of securities regulation in New Hampshire and enforcement and oversight of thirty-five million dollar revenue budget, regulatory authority over 50,000 lecensed agents and investment advisors and 1200 broker-dealers. Connolly was Deputy Secretary of State in 2000, filling the position of retired New Hampshire Deputy Secretary of state.

Accomplishments

In Connolly's eight years at the Securities Bureau, he oversaw major securities enforcement cases, including cases against Tyco International, Ameriprise, ING, Pennichuck Corp., Morgan Stanley, Merrill Lynch and UBS. These cases netted more than $55 million in securities fines and investor restitution.

Honors

Connolly was awarded the North American Securities Administrators Association (NASAA) Inc.'s Outstanding Service Award in 2010. NASAA honored Connolly "for his significant contributions to investor protection throughout New Hampshire and North America." In addition, it cited his ""advocacy of state securities regulation, dedication to investor protection and resolute commitment to seeking improvements by all aspects of the financial services industry to ensure that investors are treated fairly and with respect." He was also presented with the association's 2001 Enforcement Award. Connolly was elected to serve on the board of directors of NASAA and also served as that organization's treasurer. He also headed NASAA's Corporate Finance Section.

2010-Current

Currently Connolly is the Principal of New Castle Investment Adcisors, LLC. He is the owner of a registered Investment Advisory firm that specializes in customized portfolio management for individuals and companies. . He currently serves as a trustee for Stawbery Banke Museum in Portsmouth, NH; he is also a trustee of the Ogunquit Museum of American Art. He is a former trustee of Child and Family Services in Manchester, NH and the Audubon Society of New Hampshire. He is also the former chairman of the town of New Castle Planning Board.

2012 run for Governor

On September 15, Governor Lynch announced that he will not seek reelection. Connolly has said he is considering a run for governor in 2012.
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