An authority on U.S. securities law and former Senior Counsel for Market Regulation to then Securities and Exchange Commission Chairman Arthur Levitt, Joe Lombard has served on the Recovery Point Board of Directors since 2000. At the SEC from 1999 to 2001, Joe advised on matters relating to equity and options market structure, with a particular focus on policy and legal issues relating to electronic markets. His tenure as Senior Counsel marked Joe’s second tour at the SEC, where he began his legal career in 1990 as a staff attorney in the Division of Enforcement.
After the SEC, Joe joined Archipelago Holdings and became President of the company’s institutional electronic brokerage subsidiary, Wave Securities. He was a key participant in the sale of Wave to Merrill Lynch in 2006, coincident with the closing of the historic NYSE/Archipelago merger that transformed the 213-year-old Big Board into a for-profit company. Following the merger, he served as Managing Director in the Global Equities division of Merrill Lynch.
Joe currently practices securities law as a partner in a law firm in Washington, D.C.