Monday, March 16, 2009

Thank you so very much, Mr. Paul M. Architzel

Paul M. Architzel's bio currently lays claim to being the architect of the Commodity Futures Modernization Act of 2000 that paved the way for credit default swaps to be exempted from state gambling prohibitions.
Prior to joining the firm, Mr. Architzel was chief counsel of the Division of Market Oversight at the Commodity Futures Trading Commission for more than 20 years. He was the main architect of the new framework for futures market regulation, codified by the Commodity Futures Modernization Act of 2000 (CFMA), and wrote the CFTC’s rules for regulated and exempt markets. In recognition of this work, he was granted the Presidential Rank Award of “Distinguished Executive” in 2000.

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