Citadel Securities hires ex-SEC official as general counsel

Listen to this article

00:00
00:00

Stephen Luparello, the former director of the division of trading and markets at the Securities and Exchange Commission, will join Citadel Securities next month as general counsel.

The move comes as Citadel Securities — the market-making arm of Citadel, which runs a separate hedge fund — pushes ahead with plans to expand in asset classes and geographies.

Citadel Securities, launched in 2002, trades one in five of all equity shares that change hands in the US and more than a third of US retail equities volume.

Copyright The Financial Times Limited 2017. All rights reserved. You may share using our article tools. Please don't copy articles from FT.com and redistribute by email or post to the web.