The Securities Industry and Financial Markets Association (SIFMA) today announced that James McHale has joined SIFMA as Managing Director and Associate General Counsel.
“Jim brings a great deal of experience and background in the securities industry,” said Ira Hammerman, Senior Managing Director and General Counsel at SIFMA. “He will be a valuable addition to our strong legal team and for our members.”
McHale will focus primarily on regulatory advocacy and will be the staff adviser to SIFMA’s Self-Regulatory and Supervisory Practices Committee.
Prior to joining SIFMA, McHale was Senior Director and Associate General Counsel for E*TRADE Brokerage Services, Inc., where he provided legal and regulatory counseling and advice to E*TRADE’s domestic broker-dealer affiliates. He also led the development of E*TRADE’s positions on numerous regulatory proposals that affected E*TRADE’s broker-dealer affiliates.
Before joining E*TRADE, McHale was an Associate at the law firm of Morgan, Lewis & Bockius, where he focused on a wide variety of legal, regulatory and compliance issues. His main areas of focus included: equity and options market structure; best execution; SRO membership and regulation; cross-border trading issues; and sell-side research issues, among others.
From mid-1995 to 1999, McHale held several positions within the Securities and Exchange Commission’s Division of Trading and Markets, focusing on formulating the Commission’s positions regarding online trading, day trading, and over-the-counter (OTC) derivatives. He also assisted in developing SEC policies and practices for all aspects of SRO operations.
McHale earned his Bachelors in Business Administration and Juris Doctor from the University of South Carolina.
