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OneChicago, the all-electronic exchange for trading Single Stock Futures, a synthetic stock lending and financing tool, today announced that Donald L. Horwitz, an attorney with 30 years of experience in both the futures and securities business, has been named Managing Director and General Counsel.
Mr. Horwitz began his career in the financial services industry in 1974 with the United States Securities and Exchange Commission in the New York Regional office later joining the legal department of Merrill Lynch, Pierce, Fenner & Smith, Inc. He ultimately became General Counsel of Merrill Lynch Futures, Inc., the firm’s futures subsidiary. Later he practiced law as Senior Counsel with Kay Scholer, LLP in New York City.
In 1988 Mr. Horwitz became General Counsel at The Options Clearing Corporation in Chicago and in 1997 became General Counsel at Sakura Dellsher, Inc. a futures commission merchant and continued through its business transfer and dissolution in 2000. Thereafter he became Head of Compliance for BrokerTec Futures Exchange and then of Eurex US, as a result of the merger of BrokerTec into Eurex US. Most recently, he was Director/General Counsel for Global Futures at ABN AMRO Incorporated, and joined UBS AG as Executive Director and Senior Counsel for Exchange Traded Derivatives in their Chicago office as a result of UBS’s purchase of ABN AMRO’s global futures business in October 2006.
Mr. Horwitz has been actively involved in policy making for the industry through appointments as President of the FIA Law and Compliance Division, Chairman of the Chicago Bar Association Derivatives Regulation Committee, Editor of the Futures and Derivatives Law Reporter, Chairman of the NFA FCM Advisory Committee, member of the Derivatives Regulation Committee of the Association of Bar of the City of New York, and other industry and professional organizations. He has written extensively about issues affecting futures and securities regulation; frequently chairs and presents at industry and professional panels; and has served as an expert witness and arbitrator in several matters.
He is a member of the Illinois, Michigan and New York state bars and a graduate of the University of Michigan and of Wayne State University Law School. He and his wife Suzanne live in the Chicago area and have two grown daughters.
