MSRB adds market structure group, hires Saltiel as chief economist

By Susanna Moon

Chicago, July 21 – The Municipal Securities Rulemaking Board said it added a market structure group and hired David H. Saltiel as chief economist.

The market structure department will consolidate the organization’s activities and functions related to market structure, market transparency, economic analysis, research and industry operations, according to a press release.

The MSRB said it also is recruiting a chief market structure officer to lead the group.

Saltiel will be the chief economist at the MSRB, overseeing the integration of economic analysis into the MSRB’s rulemaking, the release noted.

Saltiel joins the MSRB from the U.S. Department of the Treasury’s Bureau of Fiscal Service, where he is the chief financial economist and director of data management, reporting and analytics. He is also acting deputy assistant commissioner for debt management.

At the Treasury, Saltiel has been responsible for developing and executing a strategy to transform the bureau into a data-driven organization and for delivering economic and financial analyses that inform policy and improve outcomes. He has a bachelor’s degree in political science from Williams College and a master’s degree in economics from the University of Oxford.

Before working at the Treasury, Saltiel held financial advisory positions at the U.S. Department of Energy and the Bethesda-based energy company Areva, Inc.

“These changes make clear our commitment to ensuring that all regulatory and transparency initiatives undertaken by the MSRB are conducted with the utmost of rigor and supported by the necessary market and technical expertise,” MSRB executive director Lynnette Kelly said in the press release.

“The market structure group will incorporate key existing staff as well as new hires to create an extremely talented team of individuals.”

Kelly said the market Structure department will work collaboratively across the organization regarding the execution of market structure initiatives.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.