Former Regulator Becomes Face of Industry Lobby

July 24, 2014

“While his views were often in the minority and very rarely fully reflected in final rulemakings, his temperament remained measured and he continued to push reasonable positions within the construct of the regulatory process. In my view he showed a great ability to recognize and focus on what was doable rather than what was optimal [given his positions on matters].”

 — Steven Lofchie comments in International Financial Review about former Republican CFTC Commissioner Scott O’Malia, who has been named CEO of chief derivatives lobby group ISDA.