Laura Klimpel is Managing Director, Core Business Development Executive and is responsible for all Systemically Important Financial Market Utility (SIFMU) business development. In this role, Laura supports the development and implementation of overall strategy and priority of initiatives for DTCC’s SIFMU businesses and works with cross-functional teams and industry partners to devise strategies for building new products and services for SIFMU businesses that mitigate risk, create market efficiencies and reduce costs.
Prior to her current role, Laura was General Counsel and Chief Compliance Officer at New York Portfolio Clearing, LLC (NYPC) for four years. During this time she led the effort to obtain registration as a derivatives clearing organization (DCO) and approvals for the “one-pot” cross-margining of interest rate futures cleared by NYPC with fixed income cash instruments. She also drafted and reviewed rules, policies and procedures for compliance with various regulations.
Laura spent three years at Cleary Gottlieb Steen & Hamilton LLP and focused primarily on US commodities and derivatives regulation, including the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
Laura received her B.A. degree, summa cum laude, from Truman State University in 1999 and her J.D. degree, cum laude, from Cornell University in 2007. She is a member of the New York Bar.
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