Thursday, August 11 2022


Second former CME lawyer to join the Chicago office

CHICAGO, September 13, 2021 / PRNewswire / – Financial services law firm Murphy & McGonigle today announced the addition of a new partner to its Chicago Office, Ross Pazzol, an accomplished financial services lawyer who brings his experience to clients of the Chicago Mercantile Exchange and the Securities and Exchange Commission. Mr. Pazzol comes from CME Group, where he has served as Deputy General Counsel for the past five years.

Ross Pazzol

Mr. Pazzol is the second alumnus of the CME group, the world’s largest financial derivatives exchange, to recently join the group. Chicago Office; former senior enforcement counsel William E. Walsh joined in July. At CME, Mr. Pazzol has represented the Bourse in various CFTC and Federal Reserve reviews, and in its implementation of complex liquidity, collateral and custody arrangements.

“We are delighted that Ross is joining our growth Chicago office ”, said Harris kay, Managing Partner of Murphy & McGonigle in Chicago. “He is an extremely talented lawyer, and his experience within the CME Group and, prior to that, the SEC will further strengthen our leading practices in the market, including our Broker-Dealer, Trading & Markets, and Commodities groups,” Futures & Derivatives. “

Mr. Pazzol will advise clients of the firm regarding compliance with CFTC, SEC and Federal Reserve regulations. His experience includes advising clearing houses, exchanges, hedge funds and proprietary trading companies, as well as analyzing the treatment of financial market contracts under the Bankruptcy Code and other similar laws. . At CME, he represented the Collateral and Banking team in connection with the CME $ 7 billion syndicated loan, its implementation of new collateral, banking and settlement agreements, and its analysis of repo and netting agreements.

“I am delighted to join the talented team at Murphy & McGonigle and help grow the new Chicago office, ”Pazzol said. “The direction and leadership of the company in the financial services industry is well recognized, and further strengthens the offering to customers in Chicago is really exciting for me. “

In addition to previously being a partner in a leading national law firm, Mr. Pazzol spent two years in the SEC’s Market Regulation Division as staff counsel. He is the 16th Murphy & McGonigle attorney to have previously served with the SEC. Three others served at the CFTC.

A former student of Loyola University of Chicago Faculty of Law and the University of Illinois, Mr. Pazzol is a member of the Law and Compliance Division of the Futures Industry Association.

About Murphy & McGonigle

Murphy & McGonigle serves the regulatory advisory, enforcement and high-stakes litigation needs of clients across the financial services industry – investment and commercial banks, brokers, advisers in investment and hedge funds, nationally and internationally. securities markets and exchanges as well as digital asset trading platforms and Fintech innovators. Many of the firm’s associates previously held senior positions with the US Department of Justice, the SEC, FINRA and CFTC, and several held senior positions at major financial institutions on Wall Street.

The firm was recognized as “Law Firm of the Year” for Securities Regulation 2021 by US News – Best Lawyers. Murphy & McGonigle operates in new York, Washington DC, Virginia, Chicago and San Francisco.

Media contact: Marc Curran
[email protected]
212.880.3989

Murphy & McGonigle

Murphy and McGonigle

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View original content to download multimedia: https://www.prnewswire.com/news-releases/ross-pazzol-former-assistant-general-counsel-at-cme-joins-murphy–mcgonigle-301375589.html

SOURCE Murphy & McGonigle, PC


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