PETER J. AXILROD is currently the Managing Director/Business Development for DTCC, the world's largest securities clearance and settlement infrastructure organization, where he originated and is responsible for the continuing development of DTCC's global OTC derivatives services.  Mr. Axilrod joined DTCC in October 2000 from Fidelity Investments where he was the group risk manager for Fidelity's clearing, brokerage and capital markets businesses.  Before that, he was head of the risk management group of National Securities Clearing Corporation (NSCC), one of DTCC's predecessor organizations. 

Prior to joining NSCC in 1991, Mr. Axilrod was with the law firm of Cleary, Gottlieb, Steen & Hamilton, where he specialized in asset securitization and other asset-based financing, as well as securities regulation.  He holds a B.A. from Princeton University and a J.D. from the University of Maryland and is a member of the District of Columbia and Maryland Bars.