SEC names new AD for clearing
28 October 2011 Washington
Image: Shutterstock
The Securities and Exchange Commission (SEC) has announced that Peter Curley has been named associate director for Clearance and Settlement in the US regulators trading and markets division.
In this role, Curley will oversee the Division’s clearance and settlement program, which has been expanded significantly over the past two years.
Traditionally focused on securities clearing agencies and transfer agents, the Division’s Office of Clearance and Settlement is now additionally responsible for implementing regulations under the Dodd-Frank Act for clearing agencies that clear security-based swaps and will be responsible for overseeing security-based swap data repositories.
“I am pleased to welcome Peter to this important role,” said Robert Cook, Director of the SEC’s Division of Trading and Markets. “His significant expertise in both the securities and derivatives markets together with his senior management experience in the exchange industry makes him a tremendous asset for the clearing and settlement program.”
Prior to joining the SEC's Division of Trading and Markets in August 2010 as an attorney fellow, Curley was a senior executive with Hong Kong Exchanges and Clearing Limited, where he served as head of Corporate Strategy and head of IPO Regulation.
In this role, Curley will oversee the Division’s clearance and settlement program, which has been expanded significantly over the past two years.
Traditionally focused on securities clearing agencies and transfer agents, the Division’s Office of Clearance and Settlement is now additionally responsible for implementing regulations under the Dodd-Frank Act for clearing agencies that clear security-based swaps and will be responsible for overseeing security-based swap data repositories.
“I am pleased to welcome Peter to this important role,” said Robert Cook, Director of the SEC’s Division of Trading and Markets. “His significant expertise in both the securities and derivatives markets together with his senior management experience in the exchange industry makes him a tremendous asset for the clearing and settlement program.”
Prior to joining the SEC's Division of Trading and Markets in August 2010 as an attorney fellow, Curley was a senior executive with Hong Kong Exchanges and Clearing Limited, where he served as head of Corporate Strategy and head of IPO Regulation.
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