The MSRB named Lanny Schwartz as Chief Regulatory Officer. The appointment is effective April 24, 2018.

Prior to his appointment, Mr. Schwartz was a partner at Davis Polk & Wardwell LLP, where he led the trading and markets group. His practice focused on providing regulatory counsel for broker-dealers, banks, swap dealers and other entities.

Prior to Davis Polk, Mr. Schwartz was executive vice president and general counsel of the Philadelphia Stock Exchange. He also worked as director and counsel for Bankers Trust Company.

Commentary / Steven Lofchie

Lanny is smart, thoughtful, careful, fair, and an excellent lawyer. At a time when regulation is becoming ever more complicated, the MSRB is fortunate to be able to hire a professional with such a broad range of management experience.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.