Wednesday, 29 June 2016
Last updated 3 hours ago
Jan 28 2009 | 2:03am ET
With the prospect of hedge fund regulation growing by the day, the industry’s top U.S. lobbying group is boosting its firepower.
The Managed Futures Association has hired a pair of Wall Street veterans. David Landers, formerly director of external affairs and public policy at Credit Suisse Group, and Louis Constantino, formerly director of government affairs at Merrill Lynch, have joined the group. Landers, in particular, is no stranger to Capitol Hill, having worked for former Sen. Lauch Faircloth (R-N.C.).
The MFA is led by former Rep. Richard Baker (R-La.).
“Whether we are having this debate now or five years from now, we would need to build up capacity,” Roger Hollingsworth, the MFA’s executive vice president for government relations, told The Hill. “We find ourselves in the middle of making these hires during what is obviously going to be a vigorous debate in financial regulatory reform and modernization.”
Hollingsworth said that the MFA now has four or five registered lobbyists on its staff, up from just one a year ago.