Friday, 25 July 2014
Last updated 31 min ago
Oct 1 2013 | 1:32pm ET
David Meister, the head of enforcement at the U.S. Commodity Futures Trading Commission, will leave the regulator after three years.
Meister led the regulator's investigations into the collapse of MF Global Holdings and the manipulation of the London interbank offered rate. A former federal prosecutor and lawyer for Skadden Arps Slate Meagher & Flom, Meister has not announced his plans other than to return to his family in New York.
"David has brought energy, talent and experience to our critical mission to protect the public from fraud and abuse," CFTC Chairman Gary Gensler said. "He is a tough but fair former prosecutor who will be missed by all at the CFTC."
Meister will be replaced on an interim basis by Gretchen Lowe, chief counsel of the enforcement division.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…