There is plenty of life after serving as a top financial market regulator.
The London Stock Exchange has elected Mary Schapiro, the former chair of the Securities and Exchange Commission, as a non-executive director beginning July 1.Schapiro is also currently a Washington D.C.-based consultant for the Promontory Financial Group since 2013. Promontory specializes in solving regulatory, risk, compliance and governance issues for investment firms.
She served as SEC chairman from 2009 to 2012. She was the first woman to serve as SEC chairman and the only person to have served as chairman of both the SEC and the Commodity Futures Trading Commission.
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Ben Springett, Instinet’s European head of electronic trading, resigned two weeks ago and will join Jefferies as head of electronic trading sales for Europe in August, according to two people familiar with the matter.
In his new role at Jefferies, Springett will report to Ed Keen, who Jefferies announced last month it had hired as head of European equities and Bill Bell, global head of electronic and program trading. Keen was most recently European head of cash equity trading at UBS, before following in the footsteps of Peter Forlenza, who joined Jefferies from UBS as global head of equities in 2013, and Matt Foulds, who made the same switch last year to become the US bank’s global head of sales.
Westchester Capital Management, a registered investment adviser, has hired Michael Corigliano on its investment management team, fulfilling dual roles as analyst and trader; and Amy Nazimiec in the manager’s business management and operations team as associate compliance officer. Both will be based in WCM’s Valhalla, New York office.
Corigliano began his career at Citigroup, later working as an equity derivatives trader for Capstone Investment Advisors and Rodman & Renshaw/Hudson Securities. Prior to joining WCM he was an Equity Derivatives Portfolio Manager at Bell Curve Capital.
Amy Nazimiec began her career in 2005 at BlackRock and enhanced and developed her operations and compliance skills at Old Mutual Asset Management Trust Company. Prior to joining WCM she was a Compliance Analyst at Towers Watson Investment Services, Inc.
Capital Institutional Services, Inc. (CAPIS), has hired Ray Prisco as a senior fixed income trader. Prisco, a veteran with over10 years of industry experience, has held positions at SAMCO Capital Markets, 1st Global Capital Corp., Alliance Bernstein, and Southwest Securities.
