Barbara Wierzynski Resigned as General Counsel at Futures Industry Association

Date of management change: October 31, 2014 

What Happened?

Washington, DC-based Futures Industry Association has announced the Resignation of Barbara Wierzynski as General Counsel


About the Company

FIA is the leading trade organization for the futures, options and cleared swaps markets worldwide. FIA’s membership includes clearing firms, exchanges, clearinghouses and trading firms from more than 25 countries as well as technology vendors, lawyers and other professionals serving the industry. FIA’s mission is to support open, transparent and competitive markets, protect and enhance the integrity of the financial system, and promote high standards of professional conduct. As the principal members of derivatives clearinghouses worldwide, FIA’s member firms play a critical role in the reduction of systemic risk in the global financial markets. FIA along with its affiliated associations, FIA Europe and FIA Asia, make up the global alliance, FIA Global, which seeks to address the common issues facing their collective memberships. FIA provides a forum for discussion on core issues with a goal of building consensus across global industry stakeholders. FIA divisions and working committees are a vital component of this process. They give members the opportunity to discuss common issues, exchange ideas, give input to the FIA board, exchanges and other regulatory and self-regulatory bodies, and network with peers. On a global scale, FIA division and committee initiatives bring industry professionals together to find solutions for common problems and have been critical in helping to deliver actionable solutions and technological tools to address market inefficiencies and other challenges.


About the Person

Barbara Wierzynski is executive vice president and general counsel of the Futures Industry Association. As EVP, she works with the FIA board of directors and FIA divisions to set and execute policies and programs for the FIA. On Oct. 31, 2014 the FIA announced that she would step down from the role at the end of the year. During her 28-year career at FIA, Wierzynski played an important role in the growth of the organization. She was instrumental in shaping nearly three decades worth of Commodity Futures Trading Commission reauthorizations, expanding the FIA’s focus to global issues, and guiding the industry through the Barings crisis, the downfall of Lehman Brothers and the subsequent development of the Dodd-Frank Act. She was key in the advancement of FIA’s consumer-protection recommendations in the wake of the collapse of MF Global and Peregrine Financial Group, which have been adopted by regulators. Wierzynsi has been instrumental in numerous aspects of the industry in the legal and regulatory areas. She has been an integral part of the CFTC reauthorization process, Commodity Futures Modernization Act, has opposed transaction taxes, in addition to a long list of other legal and regulatory projects. Prior to joining the FIA in 1986, she was counsel to CFTC Commissioners David Gartner and Fowler West. She joined the CFTC in 1978. She is a graduate of the DePaul University Law School and Manhattanville College.


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