Under the Dodd-Frank Act, the National Futures Association is set to take on a good deal more authority over the swaps and derivatives market. Helping it play that role will be two new hires, Jamila Piracci and Edward Dasso.
Dasso, the association's new vice president of market regulation, will oversee the surveillance of swap execution facilities. Hired from the InterContinental Exchange, he's no stranger to the NFA, having held a previous market regulation position with the association.
Piracci, meanwhile, will be the vice president of over-the-counter derivative regulation. Hired away from the Federal Reserve Bank of New York, she'll work with the Commodity Futures Trading Commission and conduct examinations of the swap dealers and participants expected to register with the organization.
Both she and Dasso will report to NFA's president, Dan Roth.
