Michael A. Piracci

Of Counsel

Michael A. Piracci is of counsel in Morgan Lewis's Investment Management and Securities Industry Practice. Mr. Piracci focuses his practice on exchange traded futures, foreign exchange, and matters related to futures commission merchants, introducing brokers, commodity pool operators, and commodity trading advisors. He provides advice and counsel relating to a broad range of regulatory issues, including compliance under the Commodity Exchange Act, regulatory examinations, and trading and market practices.

Prior to joining Morgan Lewis, Mr. Piracci served as a senior attorney at the National Futures Association (NFA), the industrywide self-regulatory organization for the U.S. futures industry. He also served as the associate director in charge of the New York office of NFA. In that role, Mr. Piracci was responsible for the regulatory oversight of all NFA members in the northeast region, including futures commission merchants, introducing brokers, commodity pool operators, and commodity trading advisors.

Mr. Piracci previously was an associate in Morgan Lewis’s Investment Management Practice. He also served as an attorney advisor of the Commodity Futures Trading Commission’s (CFTC's) Division of Clearing and Intermediary Oversight. As an attorney advisor, he drafted rules that affected all classes of intermediaries. He was involved in developing and drafting rules regarding the holding of customer funds in non-U.S.-denominated currencies and the implementation of online registration for all classes of intermediaries.

Mr. Piracci has spoken on numerous industry panels regarding regulatory compliance with CFTC and NFA rules.

Mr. Piracci received his J.D. from Hofstra University School of Law in 1999 and his B.A. from the State University of New York at Buffalo in 1996.

Mr. Piracci is admitted to practice in New York, the District of Columbia, and Illinois.