Karen K. Wuertz
Karen Wuertz is senior vice president, strategy and communications at the National Futures Association. She is responsible for NFA's international activities, member and investor educational initiatives, corporate communications, media relations and legislative issues.
Wuertz joined NFA at the time it began operations, and throughout her NFA career she has had extensive experience in the areas of rulemaking, examinations, investigations, system development and enforcement. Part of her role includes working with international regulators.
Wuertz joined NFA in 1983 as an auditor and rose to the position of compliance manager before leaving NFA in 1994 to serve as assistant to the chief financial officer at the Chicago Stock Exchange. In 1996, Wuertz returned to NFA as special projects manager and was subsequently promoted to vice president of strategic planning and communications.
Wuertz also had the opportunity to step aside from her derivatives regulatory career to lead the development and construction of a 33-story office tower in Chicago.
She is currently chairman of the Affiliate Members Consultative Committee of the International Organization of Securities Commissions (IOSCO). She co-chaired an IOSCO subcommittee to develop and publish a formal paper entitled “Model for Effective Self-Regulation."
Wuertz graduated from the University of Illinois with a bachelor's of science degree in Accounting. She has a master's degree in Management from the Kellogg Graduate School of Management at Northwestern University. She also is a certified public accountant.
MarketsWiki Education, Chicago 2016
“We’re looking for the bad apples, trying to find them as quickly as we can, and putting them out of business.”
The futures markets are about two things — price discovery and risk transfer. But all businesses that attract capital also attract a small number of less-than-scrupulous participants, or “bad apples,” as Karen Wuertz, SVP of strategic planning and communications at the National Futures Association calls them in this MarketsWiki Education, Chicago 2016 presentation. Wuertz says the NFA, in its continuing mission to ensure market integrity and protect customers, is always on the lookout both for irregular market behavior and for fresh talent to help the self-regulatory organization achieve its goals.
Among her advice to the next generation is to keep one’s head up. Opportunity may be standing next to you in the elevator, but if your eyes are buried in the smartphone and your earbuds are blaring, opportunity may pass you by. She also says not to let the words “regulation and compliance” fool you, as the number of opportunities in the field is growing and varied.
How ’bout them apples?
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