FOR IMMEDIATE RELEASE
2011-229
Washington, D.C., Oct. 27, 2011 – The Securities and Exchange Commission today announced that Peter J. Curley has been named Associate Director for Clearance and Settlement in the SEC´s Division of Trading and Markets.
As Associate Director, Mr. 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 Wall Street Reform and Consumer Protection 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."
Mr. Curley said, "I am honored to have been asked to take on these new responsibilities as Associate Director. I know from personal experience that everyone in the Office of Clearance and Settlement is enormously talented, dedicated, and committed. I am excited about continuing my work with this team and the rest of the Commission staff in this new role."
Mr. Curley has been an Attorney Fellow in the Division of Trading and Markets since August 2010. Prior to joining the Commission, Mr. 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. He also was a partner with the international law firm of Allen & Overy. Mr. Curley holds an MBA from the Massachusetts Institute of Technology, a JD from the University of Virginia School of Law, and a BA from Colgate University.