IEX today announced that Claudia Crowley is joining the company as its Chief Regulatory Officer, effective April 1. In this role, Ms. Crowley will oversee IEX’s compliance with its regulatory obligations, as the first buy-side owned trading venue prepares to launch as a national securities exchange. Ms. Crowley was previously the Chief Executive Officer of NYSE Regulation, and Chief Regulatory Officer of the three NYSE Euronext U.S. securities exchanges – the New York Stock Exchange, NYSE ARCA and NYSE MKT. More recently, she has provided advisory services to exchanges and financial services firms on complex regulatory matters and market structure issues.
Brad Katsuyama, Chief Executive Officer and Co-Founder of IEX said, "We are excited to have Claudia join the IEX team. As we prepare to launch as a national securities exchange, it's important that we continue to find ways to broaden the depth of our leadership team. It was clear from our early conversations with Claudia that she shares our vision for the future of the industry and her experience at NYSE uniquely suits her to provide valuable insights to IEX and our subscribers."
At NYSE Regulation, Ms. Crowley managed all operational aspects, advising the NYSE Euronext executive management team on regulatory aspects of U.S. exchange initiatives, and was a key point of contact with the Securities and Exchange Commission staff. Prior to that, Ms. Crowley held a number of senior regulatory positions at NYSE Regulation and during her 25 year tenure at the American Stock exchange, including Chief Regulatory Officer.
Ms. Crowley said, "I am thrilled to join the IEX team. I was drawn to their commitment to both innovating solutions to enhance fairness and transparency in the markets, as well as to robust regulatory compliance. IEX’s mission is to simplify markets for investors, issuers and their fiduciaries, and I look forward to helping drive that change."
Ms. Crowley has served on the CBOE, C2 and CFE Business Conduct committee, and worked with the New York Institute of Finance, to develop securities regulation and compliance training programs. She has also held leadership roles with major industry groups, including the Intermarket Surveillance Group, the Consolidated Audit Trail Steering Committee and the SRO Advisory Council. She graduated with a B.A cum laude from the University of the Rochester, and received a J.D from Boston University School of Law, before becoming a licensed attorney in New York.
John Ramsay, Chief Market Policy Officer of IEX said, "Claudia has a wealth of experience in market and exchange regulation that few others can claim. In my previous role at the SEC, I relied on her as a trusted source of information, and I am grateful that she has chosen to lend her talents to advance our mission at IEX". Mr. Ramsay will continue to work with all of IEX's stakeholders to advance the company’s business objectives and to promote positive change in equity market structure, and will continue to provide advice on regulatory and compliance matters and to act as a senior liaison to regulatory and governmental authorities.