Springfield, IL (CAPITOL CITY NOW) – Illinois Secretary of State Alexis Giannoulis has hired four high-level individuals to protect and safeguard Illinoisans.

Giannoulis has hired a new Deputy Director, Chief of Enforcement, Chief of Examinations, and Senior Investigator.

“Adding these individuals to our Securities team is a huge win for the people of Illinois,” Giannoulis said in a press release “Their combined experience and expertise will bolster an already formidable Securities Department and better position our office to tackle complex financial cases involving cryptocurrency and root out fraud.”

The Illinois Secretary of State’s Securities Department regulates the investment industry in Illinois, registering more than 250,000 securities salespeople and 25,000 investment advisor representatives statewide, cracking down on fraud, scams and financial abuse.

The new hires include:

  • Kristine Kolky – Deputy Director
  • Victor Turla – Chief of Enforcement
  • Frank Ronis – Chief of Examinations
  • Jordan Frieberg – Senior Securities Investigator

By devoting more resources to increase the number of attorneys, investigators, and examiners, the state will better safeguard citizens’ financial interests. The efforts pay for themselves and bring in additional revenue.

The Securities Department has 37 employees and generates more than $60 million each year in fees, fines and penalties for the state.