Commissioner Daniel M. Gallagher was appointed by President Barack Obama to the SEC and took office on 11/7/11.  This marked his return to the SEC, where he previously worked for 4 years as counsel to prior Commissioners and as Deputy Director of the Division of Trading and Markets. Commissioner Gallagher's first tenure at the SEC began in January 2006 as counsel to SEC Commissioner Paul Atkins, and later as counsel to SEC Chairman Christopher Cox.  At the time, he worked primarily on major matters before the Commission involving 'Trading and Markets' and 'Enforcement'.

C-I Note: To read the Commissioner's views on the Volcker Rule, go to:  ["SEC's Gallagher Sounds the Alarm ...,"] posted today, 3/6, in Behind The News.

After joining the Division of Trading and Markets as a Deputy Director in 2008, he played a key role in the SEC's response to the financial crisis and other key issues before the Commission at the time, including credit rating agencies and credit default swaps.  He served as Co-Acting Director of Trading and Markets from April 2009 to January 2010, after which he left the agency to become a partner in the Washington D.C. office of WilmerHale. Earlier in his career, Commissioner Gallagher was the General Counsel and SVP of Fiserv Securities, where he was responsible for managing all of the firm's legal and regulatory matters.  Commissioner Gallagher began his career in private practice, advising clients on broker-dealer regulatory issues and representing clients in SEC and SRO enforcement proceedings. He earned his JD, magna cum laude, from the Catholic University of America, where he was a member of the law review. He graduated from Georgetown with a Bachelor's in English.   To access his CV on the SEC web site, go to:  [About the SEC Commissioners] and [SEC PR 11-232, 11/7/11].