WASHINGTON — The Municipal Securities Rulemaking Board announced Wednesday that it has added an experienced securities lawyer to its roster as deputy general counsel.
Michael L. Post, a lawyer for over 10 years at the Securities and Exchange Commission, will oversee all aspects of the MSRB’s rulemaking activities, the board said in a release.
He will report to MSRB general counsel Gary Goldsholle, along with Lawrence Sandor, who was named deputy general counsel in March.
Post currently serves as senior litigation counsel in the appellate group of the SEC’s Office of the General Counsel.
From 2007-2009, he served as counsel to the chairman and assisted in the SEC’s response to the financial crisis. Post advised the chairman on a wide range of legal and policy initiatives arising out of the enforcement division and the trading and markets division, such as the improvement of disclosure for investors in municipal securities.
In 2005, he received the Manuel F. Cohen Outstanding SEC Younger Lawyer Award from the securities law committee of the Federal Bar Association. Prior to the SEC, Post was an associate at Sidley, Austin, Brown & Wood LLP, where he was involved in appellate and securities litigation, as well as regulatory matters.
“The addition of Michael’s leadership in our rulemaking efforts will complement the leadership provided by Larry in enforcement support and professional qualifications,” said Goldsholle, who joined the MSRB in October 2012. “By structuring our market regulation activities in this manner we can better align legal resources in support of the MSRB priority initiatives.”
Prior to entering private practice, Post clerked for the Honorable Paul J. Kelly, at the U.S. Court of Appeals for the Tenth Circuit in Denver. He holds a law degree from The George Washington University Law School, and a bachelor’s degree in economics from the University of California, Los Angeles.
MSRB executive director Lynnette Kelly also praised the new hire.
“We are very excited to welcome Michael to the MSRB,” she said. “His extensive background in and knowledge of financial market regulation will enhance the MSRB’s mission to ensure a fair and efficient municipal market.”