Partner Bonnie Barsamian was nominated by President Barack Obama to serve on the Board of the Securities Investor Protection Corporation (SIPC). Her nomination is subject to confirmation by the U.S. Senate. The SIPC maintains a special reserve fund authorized by Congress to help investors at failed brokerage firms.
In a White House press release, President Obama said, “I am pleased to announce that these experienced and committed individuals have decided to serve our country. I look forward to working with them.”
SIPC President Stephen Harbeck said, "We are pleased to be joined in our work by such an exceptional new Board member. Ms. Barsamian’s deep financial experience will be a great asset to the SIPC Board and to the investing public. We look forward to a speedy confirmation by the Senate."
Bonnie is a seasoned legal and business advisor with more than 25 years of experience advising public and private companies, investment banks, financial sponsors, executive leadership and boards of directors in complex securities/capital markets, mergers and acquisitions and other corporate transactional, advisory and regulatory matters. She joined Drinker Biddle in September 2016.