Selected Achievements

  • American Bankers Association (ABA): Represented the banking industry at a particularly challenging time in the public perception of the industry. Used public and private sector experience to seek solutions that would work for both industry and the regulators.

    Primary focus was on the new regulatory framework for the swap and security-based swap (collectively, swap) markets established by Title VII of the Dodd-Frank Act. Formed a coalition of member banks to develop consensus and communicate industry perspectives to regulators and legislators. Achieved reasonable accommodation to industry concerns for exemption from swap dealer definition for swaps entered into in connection with originating loans, end-user clearing exception for community banks, margin requirements for uncleared swaps, and eligible contract participant definition.

    Also provided legal analysis and strategic advice in support of the enactment of the Jumpstart Our Business Startups Act (JOBS Act). Served as a member of the U.S. Commodity Futures Trading Commission (CFTC) Agricultural Advisory Committee, advised the International Banking Federation (IBFed) Financial Markets Working Group, and continue to serve as a member of the Federal Reserve Bank of Chicago Working Group on Financial Markets.

  • Securities Industry and Financial Markets Association (SIFMA): Advocated on international issues for the SIFMA, including seeking amendments to Rule 15a-6 under the Securities Exchange Act of 1934. When the U.S. Securities and Exchange Commission (SEC) issued a proposed rule to amend Rule 15a-6, led the effort to provide industry comments.

    Supported efforts to develop an international regulatory mutual recognition framework and worked with the Financial Industry Regulatory Authority (FINRA) to establish a procedure to certify securities firms seeking improved market access in the People’s Republic of China.

  • U.S. Securities and Exchange Commission (SEC): Inspected stock and options exchanges and did special sweep examinations of broker-dealers for the Office of Compliance Inspections and Examinations (OCIE). Received the U.S. Securities and Exchange Commission Performance Award in 1997 and Chairman’s Award for Excellence in 1998.
  • U.S. Department of the Treasury: As an Honors Attorney, worked for the Criminal Tax Division of the Internal Revenue Service (IRS), Office of Foreign Assets Control (OFAC), Office of the Assistant General Counsel for International Affairs, and U.S. Attorney’s Office for the Eastern District of Virginia (EDVA). Received a Special Recognition Award for work negotiating, drafting, and due diligence for the collateral agreement for the $20 billion loan to Mexico during the 1994-1995 peso crisis.