WASHINGTON — Lawrence Sandor has been named the Municipal Securities Rulemaking Board’s deputy general counsel for regulatory support.
The promotion for Sandor, who had been senior associate general counsel, was announced Thursday, eight days before the departure of MSRB general counsel Peg Henry, who is slated to leave on June 1 to become senior vice president and assistant general counsel at investment banking firm Jefferies & Co. Sandor’s promotion was unrelated to Henry’s departure, said Jennifer Galloway, MSRB chief communications officer. She said the board continues to search for Henry’s successor.
In his new post, Sandor will focus on examination and enforcement efforts in coordination with other regulators. He will also help develop MSRB policies and rules, including those related to 529 savings plans, the board said in a release.
Before joining the MSRB, Sandor was chief compliance officer at Wachovia Securities LLC in Richmond, now Wells Fargo & Co. He also held other compliance-related roles at Wachovia. He has a law degree from Emory University
Earlier, Sandor represented financial firms as counsel at the law firm Dickstein, Shapiro, Morin & Oshinsky LLC, now Dickstein Shapiro LLC. He also worked as associate attorney at McGuireWoods LLP, according to the MSRB.
MSRB executive director Lynnette Kelly called Sandor a “significant contributor” who brought legal and compliance experience to the board. “He has been instrumental in the MSRB’s efforts to work closely with other regulatory authorities on the enforcement of our rules,” she said.
