Latham & Watkins announced that Hu Wenchi has joined the firm in New York as a partner in the corporate department and financial institutions group focusing on financial regulation, risk management and market infrastructure.
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Hu joins Latham from the US Securities and Exchange Commission (SEC), where she most recently served as head of the office of clearance and settlement supervision. In this role, she oversaw clearing agencies and was responsible for their risk supervision under the regime established by the Securities Exchange Act and the Dodd-Frank Act. She was also responsible for vetting potentially market-transforming fintech businesses.
“Wenchi is a recognized leader in clearing, financial technology and intermediary matters across the securities markets, and we are delighted to welcome her to the firm,” said Michèle Penzer, the managing partner of Latham & Watkins in New York. “She will bring tremendous value to our financial institution clients in New York and across the globe, navigating emerging areas like fintech, as well as regulatory issues and product structuring challenges spanning major jurisdictions.”
Prior to joining the SEC, Hu was a managing director and senior counsel at Rabobank America in New York, where she headed a legal team supporting Rabobank’s US capital markets and derivatives businesses.
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