FINRA Board Appoints Deborah Bailey And Kathryn Ruemmler As Newest Governors Date
08/01/2021
The FINRA Board of Governors has appointed Deborah Bailey and Kathryn Ruemmler as new Governors. Bailey will serve as a public member, and Ruemmler as an industry member.
Bailey is the former Managing Director with KPMG s Financial Services Regulatory Practice, where she served as the U.S. and Global Leader for Regulatory Solutions Development. Prior to joining KPMG, she spent five years at Deloitte, where she launched and led a new practice that melded banking and securities into a single focus area. Prior to her consulting career, Bailey was Deputy Director of Bank Supervision and Regulation at the Federal Reserve and reported directly to Federal Reserve Chairman Ben Bernanke during and after the financial crisis, helping steer banking regulations and supervisory practices to restore confidence and maintain the health of the financial system. She had previously held various positio