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New York Mercantile Exchange, Inc. announced today that it has promoted Thomas LaSala to Chief Regulatory Officer.
Mr. LaSala has served as senior vice president of compliance and risk management at NYMEX since February 2002. He joined the Exchange in 1984 and worked in market surveillance as an analyst and director before being promoted to vice president of compliance in December 1993. Mr. LaSala oversees all aspects of regulatory compliance including trade practice, risk management, and market and financial surveillance.
Mr. LaSala is also a director of the Futures Industry Association's Futures Services Division and serves on the Joint Compliance Committee of all of the U.S. futures exchanges.
He received a bachelor of science degree in business administration with a concentration in finance and economics from Marist College in 1983.
James E. Newsome, NYMEX President and Chief Executive Officer, said, "Tom has had a long and illustrious career at NYMEX, and we will continue to rely on his broad base of knowledge of our markets and our industry. He has a proven track record of integrity and respect and has long been an asset to the organization."
