Former SEC Commissioner Michael Piwowar, executive director of the Milken Institute Center for Financial Markets, has been appointed a senior advisor to GTS, a leading electronic market maker across global financial instruments.
Piwowar, who was an SEC commissioner from Aug. 15, 2013 to July 6, 2018, will provide GTS with legislative and regulatory advice.
He also was interim SEC chairman from Jan. 23, 2017 to May 4, 2017.
“As a former trusted and respected public servant, Mike Piwowar is a natural fit with the ethos of GTS, which calls for innovation, responsibility and leadership in today’s modern markets,” said Ari Rubenstein, CEO of GTS.
“Regulatory and legislative matters in Washington are more complex than ever, and Mike will be an important guiding hand to help GTS promote market confidence and policies that recognize the vital role that investors and public companies have in today’s market structure,” Rubenstein added.