DTCC appoints head of regulatory relations

New York, July 12, 2011 – The Depository Trust and Clearing Corporation (DTCC) announced today that Bari Jane Wolfe has been appointed to the new position of managing director, head of Regulatory Relations.

Wolfe will spearhead DTCC’s regulatory relations function, overseeing interactions and ongoing work with regulatory bodies in the United States and internationally. Wolfe and the Regulatory Relations team will work in conjunction with DTCC’s Government Relations group to maintain seamless communication with regulators and lawmakers. She will be responsible for fostering strong and collaborative relationships with regulatory supervisors; managing regulatory exams and supervisory requests for information and data; and overseeing regulatory matters that affect DTCC’s businesses. Wolfe will report to Michael C. Bodson, chief operating officer.

“Bari’s extensive knowledge and experience in working with regulators will help DTCC further cultivate ongoing dialogue and a collaborative partnership with them during this critical period of regulatory reform of financial markets here in the U.S. and abroad,” said Bodson. “She will play a key part in helping to work with regulators regarding the critical role that DTCC plays in protecting the markets from systemic risk exposure.”

Prior to DTCC, Wolfe served as managing director at Barclays Capital, where she managed the group responsible for handling litigation, disputes and significant regulatory matters. She also spent 23 years at Lehman Brothers, where she held a number of key positions in the legal and compliance groups, including most recently serving as managing director, Regulation. Wolfe began her career as a litigation associate at Storch, Amini & Munves, P.C.

“I’m honored to join the DTCC team as they continue to strengthen their relationships with regulators worldwide in an effort to help further increase transparency and mitigate risk in the financial markets,” said Wolfe. “During this period of regulatory transformation, DTCC will continue to help provide the reliability, leadership and value that helps safeguard the markets.”

Wolfe earned a bachelor’s degree in political science from Barnard College and received a juris doctorate from Hofstra University Law School.

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