David Shillman
About David Shillman
David Shillman serves as the Associate Director of the Division of Trading and Markets at the U.S. Securities and Exchange Commission, where he has worked since 1995. He leads a team of over 80 professionals and has received multiple awards for his contributions to market structure initiatives and regulatory rulemaking.
Work at U.S. Securities and Exchange Commission
David Shillman has served as the Associate Director of the Division of Trading and Markets at the U.S. Securities and Exchange Commission (SEC) since 1995. He is based in the Washington D.C. Metro Area and leads a team of over 80 attorneys and professionals. His team manages more than 2000 proposed rule changes annually from exchanges and the Financial Industry Regulatory Authority (FINRA). Shillman oversees the Division's Office of Market Supervision, which is responsible for the oversight of U.S. equity, options, and fixed income markets.
Education and Expertise
David Shillman studied law at the University of Michigan Law School. He also attended Northwestern University. His educational background supports his extensive expertise in securities regulation and market structure initiatives. His work includes significant contributions to various regulatory frameworks and oversight mechanisms within the financial markets.
Achievements
Shillman has received multiple awards for his leadership and contributions to the SEC. He was honored with the Chair's Award for Exceptional Leadership in 2016. He was part of the team that received the Chairman's Award for Excellence for the Consolidated Audit Trail Rulemaking in 2013. Additionally, he was recognized with the Distinguished Service Award in 2011 and has contributed to teams that received accolades for their work on the Dodd-Frank Implementation Team and the Flash Crash Team.
Market Structure Initiatives
David Shillman has played a significant role in various market structure initiatives, including Regulation SCI, the Market Access Rule, and the Consolidated Audit Trail. His involvement in these initiatives reflects his commitment to enhancing the regulatory framework and operational integrity of financial markets. He has also participated in teams recognized for their work on Credit Default Swaps and Municipal Securities Disclosure.