LOYAL3, a social technology platform for investors, has appointed Dana Schmidt as chief compliance officer. 

In this capacity, Schmidt will manage all regulatory compliance effecting the broker-dealer industry.

Prior to LOYAL3, Schmidt served for seven years as chief compliance officer and chief administrative officer of Microplace, an eBay online broker-dealer, and as a trustee for the PayPal Mutual Funds. Prior to eBay, Dana was Integration Manager for Wells Fargo Funds' $29 billion acquisition of Strong Financial. Prior to Wells, Schmidt spent thirteen years as chief compliance officer and chief administrative officer for Montgomery Asset Management, following several years at Morgan Stanley.