Paul M. Friedman

Mr. Paul M. Friedman served as Senior Managing Director and Chief Operating Officer of Guggenheim Securities, LLC from November 2009 to March 31, 2015. Prior to joining Guggenheim, Mr. Friedman served as the Managing Director of Mariner Investment Group from June 2008 to October 2009 and worked at Bear Stearns and Co., Inc. From 1981 to 2008, he served as the Chief Operating Officer of the Fixed Income Division. He started his career as an accountant at Coopers and Lybrand. Mr. Friedman also served as a member of Guggenheim's Management Committee and had direct oversight of most business support groups including operations, technology, new business integration, financial operations and regulatory reporting. He has been a Director of Oppenheimer Holdings Inc. since July 7, 2015. Mr. Friedman has an undergraduate degree from Colgate University and an MS (Finance) from the NYU Stern School of Business.