Friday, April 12, 2013

Reuters: Politics: Former Arthur Levitt adviser eyed for possible U.S. SEC post: sources

Reuters: Politics
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Former Arthur Levitt adviser eyed for possible U.S. SEC post: sources
Apr 12th 2013, 17:46

WASHINGTON/NEW YORK | Fri Apr 12, 2013 1:46pm EDT

WASHINGTON/NEW YORK (Reuters) - Securities and Exchange Commission Chairman Mary Jo White is eyeing a former adviser to ex-SEC Chairman Arthur Levitt as a potential contender for a key post in the division that oversees financial markets, three people familiar with the matter told Reuters.

Joseph Lombard, a market structure expert at law firm Murphy & McGonigle, is considered to be a leading candidate for a position in the agency's Trading and Markets Division, three of those people said.

A second name being floated for a possible job in the division is Chris Concannon, a former executive with Nasdaq OMX Group Inc who now works for high-frequency trading firm Virtu Financial LLC, according to three sources, who spoke anonymously because the discussions are non-public.

(Reporting by Sarah N. Lynch in Washington and John McCrank in New York; Editing by Gerald E. McCormick)

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