The Futures and Options Association—the London-based trade association for banks and derivative traders—has named Kathleen Traynor director of regulation.
Traynor will take up her new post as of January 2011. She comes to the FOA from London Stock Exchange Group where she served as head of regulatory strategy. Prior to this, she had been a senior associate, equity markets, at the UK’s Financial Services Authority and spent six years as a senior legal counsel at TSX Group (now TMX Group, operator of Canada’s stock and derivatives exchanges).
Kathleen replaces Jane Green, who left in September to join the Association of Financial Markets Europe.
Commenting on the appointment, FOA chief executive Anthony Belchambers said: “Kathleen is a key appointment for the FOA at a time of major regulatory change. Her expertise will prove invaluable as we continue our efforts to ensure that the legal and regulatory framework, as well as being effective in sustaining public confidence and market orderliness and integrity, is proportionate to the differentiated trading activities, customer bases, services and business risks of FOA member firms.”