Off The Wire
White House to nominate Claudia Slacik for Securities Investor Protection Corp
WASHINGTON (Reuters) - The White House plans to nominate Claudia Slacik, a former official at the U.S. Export-Import Bank under the Obama administration, as a member of the Securities Investor Protection Corp, according to a source familiar with the plans.
SIPC, a nonprofit entity made up of broker-dealer members, oversees the liquidation of its bankrupt members and works to get securities and cash back to customers.
Slacik has worked at JPMorgan Chase & Co, Citibank and Bankers Trust in New York and London, the source said.
"She has a breadth of experience in financial restructurings, risk management, corporate finance, trade finance and general management," the source said.
Reporting by Jeff Mason; Editing by Peter Cooney