Gary DeWaal
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WATCH Gary DeWaal in Confirmations: Made in China on MarketsWiki.tv (December 2012) |
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| Gary DeWaal | |
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| Occupation | Group General Counsel |
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| Employer | Newedge |
| Location | Paris |
| Website | newedgegroup.com |
Gary DeWaal is group general counsel at Newedge, the U.S. arm of the financial services group formed from the merger of Fimat and Calyon Financial, in August 2012. He will officially retire at the end of 2012, but will stay on as a special advisor on regulatory and international affairs.[1]
DeWaal also serves as a special advisor to the board of directors of the Futures Industry Association (FIA).[2]
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Background
DeWaal joined Fimat in 1995 and was previously global general counsel before the merger with Calyon Financial in 2007. He also worked at law firm Brody White & Company where he served as president, general counsel, head of operations and head of internal audit since 1986.
Prior to this he worked for the Commodity Futures Trading Commission’s Division of Enforcement in NYC, and Mudge Rose Guthrie & Alexander, a Wall Street corporate law firm.[3]
John Lothian News Interviews
Gary DeWaal, group general counsel at Newedge, noted that Peregrine Financial Group (PFG) was able to dodge regulatory audit checks of its customer segregated funds for more than 20 years. DeWaal says that simply wouldn’t happen if the US adopted the system used in China’s futures markets called the China Futures Margin Monitoring Center Co. Ltd. (CFMMC). In November 2012, the National Futures Association and CME Group did just that, hiring AlphaMetrix to take on the job of confirming the money FCMs say they have in their segregated accounts, with money that is held at the bank.
In this video, a simple animation and interview with DeWaal help explain the CFMMC model. Published December 4, 2012.[4] Watch at MarketsWiki.tv
Gary DeWaal of Newedge on 30 Years of Futures, Retirement and What’s Next
Gary DeWaal, group general counsel at Newedge, has been a stalwart of the futures industry for 30 years. He recently announced his “retirement” from Newedge, effective at yearend. DeWaal spoke with JLN Editor-in-Chief Jim Kharouf about how the futures industry has evolved and changed over the past three decades, where it goes from here, and why the word retirement should not really be used in the same sentence as Gary DeWaal. Published Oct. 16, 2012.[5] Watch at MarketsWiki.tv
Education
He graduated with JD and MBA degrees from the State University of New York at Buffalo [6] and in 1976 from the State University of New York at Stony Brook where he received a BA degree in English and Economics.
References
- ↑ STREET MOVES: Newedge's DeWaal to Retire, Remain as Advisor. The Wall Street Journal.
- ↑ Board Members. Futures Industry Association.
- ↑ Speakers. SFOA.
- ↑ Confirmations: Made in China. MarketsWiki.tv.
- ↑ Gary DeWaal of Newedge on 30 Years of Futures, Retirement and What’s Next. MarketsWiki.tv.
- ↑ UB Law Links. University of Buffalo Law School.
