Neal L. Wolkoff
|WATCH: Neal Wolkoff in Protection Fund: Slip it to SIPC on MarketsWiki.tv (February 2013)|
|Neal L. Wolkoff|
|Employer||Richardson & Patel, LLP|
|Location||New York, NY|
Neal L. Wolkoff is Of Counsel at New York law firm Richardson & Patel LLP where he specializes in futures and securities market regulation, market structure and corporate work. He accepted the position in September 2012. Also in September 2012, Wolkoff was named to the board of directors of OTC Markets Group.. In January, Wolkoff was named to the board of World Gold Trust Services, sponsor of the ETF GLD.
From 2005-2008, he was Chairman and CEO of the American Stock Exchange until its acquisition by NYSE Euronext. Wolkoff was named chairman and CEO in April 2005 after serving as acting CEO. Prior to AMEX, Wolkoff was COO and EVP of the NYMEX.
On Jan. 20, 2012, Wolkoff notified the ELX board of his resignation, effective Apr. 30, 2012.
Previously, he served as chief operating officer of the New York Mercantile Exchange (NYMEX), capping a 20-year NYMEX career in several senior-level officer positions. He was appointed NYMEX executive vice president in 1993 and chief operating officer in 2002.
He began his career in 1980 as an honors program trial attorney in the Division of Enforcement for the Commodity Futures Trading Commission (CFTC).
Wolkoff has been a guest lecturer at Columbia University School of International and Public Affairs and a frequent public speaker on market issues and risk management at industry and government seminars. He has also written editorials on Sarbanes Oxley that have been published in The Wall Street Journal and the Financial Times.
He is a member of New York State Bar Association and the United States District Court, Southern District of New York. Wolkoff's experience as an attorney includes work in corporate law, litigation and regulation.
Co- Author of the "History of Regulation of Clearing in the Futures and Securities Markets, and Its Impact on Competition," Boston University Journal of Banking and Financial Law, Fall 2010 April 2011 http://www.bu.edu/law/central/jd/organizations/journals/banking/archives/documents/volume30/papers.pdf --NealWolkoff (talk) 05:04, 1 March 2013 (CST)
John Lothian News Interviews
Protection Fund: Slip it to SIPC
If there is one solution to restoring customer confidence in futures that has been talked about more than any other, it would be the creation of a customer or insurance fund. Securities customers have the Securities Investor Protection Corporation (SIPC), so why can’t futures customers use SIPC as well? That’s the idea from Neal Wolkoff, Of Counsel at the law firm of Richardson & Patel and longtime exchange executive, who argues that not only does it make rational sense, but using SIPC could be the easiest and most cost effective way to protect futures customers. This approach differs from others who have touted some type of insurance protection fund just for the futures industry. Published Feb. 4, 2013.
Featured Commentary on MarketsReformWiki
- CME v. CFTC – A Regulator’s Conundrum, November 2012
- The SEC's NYSE Market Data Case: Will It Be the Framework for the Regulation of Trading Technology?, September 2012
- Expanding the Role of SIPC, August 2012
- The LIBOR Scandal: Trying to Make Sense So Far, July 2012
He received a bachelor of arts degree from the College of Columbia University and a J.D. from Boston University School of Law.
- ↑ Ex-Amex Topper Joins Board of OTC Markets Group. Traders Magazine.
- ↑ AMEX Executive Bios. American Stock Exchange.
- ↑ Press Release. FinanzNachrichten.de.
- ↑ Neal Wolkoff, Alumnus and American Stock Exchange, Inc. CEO, Featured on Forbes Cover. Boston University.
- ↑ Neal Wolkoff. FIA OIC.
- ↑ Neal Wolkoff To Address Intellectual Property Marketplace. NYSE Alternext.
- ↑ Protection Fund: Slip it to SIPC. MarketsWiki.tv.