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Skadden Partner Tapped for Trading Commission

David Meister, a white-collar partner at Skadden, Arps, Slate, Meagher & Flom, is leaving the firm to become the director of enforcement at the Commodity Futures Trading Commission. Mr. Meister, a former assistant Southern District U.S. attorney, joins the CFTC as it prepares to take on broader enforcement responsibilities and powers under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The CFTC under the act has oversight over much of the derivatives market. Gary Gensler, the commission’s chairman, in a statement said Mr. Meister’s background would be “invaluable” as the CFTC “implements Dodd-Frank’s provisions against fraud, manipulation and other disruptive trading practices.”

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