FOA's New Appointments Reflect Growing Regulatory Workload
Blake Stephenson has been appointed Manager, Regulation, by The Futures and Options Association (FOA), with effect from 28 November. A qualified solicitor, Stephenson was previously at the Financial Services Authority (FSA) where he was part of the exchange supervision team.
Also in a new role at the FOA is Simon Andrews, who has been promoted to the newly created position of Director of Commodities. Andrews has been with the FOA for 6 years and has additional oversight of prudential regulation and taxation issues.
Both will report to Kathleen Traynor, Executive Director, Regulation, who will manage the FOA’s priorities within the regulatory area.
FOA believes that the strengthened team is recognition of the impact of the growing regulatory workload facing the exchange traded derivatives industry. FOA chief executive Anthony Belchambers said, “Whether it is analysing of the impactof MiFID/MiFIR or understanding the full implications of ESMA’s work programme, the FOA must have the capacity to help steer its members through the regulatory change agenda while sustaining industry growth and enhancing market integrity. These appointments reflect the importance of that activity.”