WASHINGTON — The Clearing House said Thursday that it has promoted Jeremy Newell to serve as general counsel of the trade group, which represents some of the largest financial institutions.

Newell, who joined the organization in May 2013, had served as the head of regulatory affairs, helping to shape the development of regulatory policy, strategy and advocacy for the Clearing House. His promotion is effective immediately.

"The Clearing House advocates every day for a safer, sounder, and more efficient financial marketplace, and Jeremy has been instrumental in helping us advance our mission," said Paul Saltzman, president of the New York-based trade group.

Before joining the group, Newell worked as counsel at WilmerHale in the regulatory and government affairs department. He has also previously served as counsel at the Federal Reserve's legal division and then its Banking Supervision and Regulation Division to the Board of Governors.

At the Fed, he was involved in interagency rulemaking negotiations, congressional staff meetings and regulatory policy matters.

Separately, the Clearing House also announced another string of promotions, including Brett Waxman, who was promoted to managing director and associate general counsel; Clark Peterson, who will now be senior vice president for strategy and operations; and Hilary Arden, who has become vice president for events management.

Sloan Hatfield was promoted to vice president and assistant general counsel;  David Helene was promoted to vice president for strategy and operation; Ryan Pozin was named vice president in finance affairs; and Jennifer Scott will now be vice president and assistant general counsel.

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