Press Release

SIFMA GC Ira Hammerman to Deliver Fordham Law’s Sommer Lecture on SEC Efforts to Propose a Uniform Fiduciary Duty

November 03, 2016

NEW YORK, November 3, 2016: Ira D. Hammerman, Executive Vice President and General Counsel for the Securities Industry and Financial Markets Association (SIFMA), will deliver the 17th Annual A.A. Sommer, Jr. Lecture on Corporate, Securities and Financial Law on Thursday, November 10 at Fordham Law School in New York City. This lecture series is hosted by the Fordham Corporate Law Center and supported by Morgan, Lewis & Bockius LLP and the SEC Historical Society.

Mr. Hammerman’s lecture, “SEC – Don’t Throw Away Your Shot! A Renewed Call for a Uniform Fiduciary Standard to Protect Individual Investors,” will answer three questions: When did the “fiduciary” problem originate and where do things stand today? What is the optimal path forward? And finally, how does SIFMA’s lawsuit against the DOL fit into the picture? The lecture will use Lin-Manuel Miranda’s hit Broadway musical Hamilton as a device to help tell the story, promising to be both informative and entertaining.

As Executive Vice President and General Counsel for SIFMA, Mr. Hammerman oversees legal advocacy efforts and outside counsel relationships. He has been involved with SIFMA’s response to the 2008 financial crisis, particularly its advocacy efforts related to the Dodd-Frank Act. Previously he was a partner of Clifford Chance, where he represented the financial services industry on a variety of securities regulatory and enforcement matters.

The lecture, which is free and open to the public, will take place on campus at 150 West 62nd Street, in the Costantino Room (2nd floor, Room 2-02) at 6:30 p.m. A reception immediately follows the lecture.

The annual Sommer Lecture is one of Fordham Corporate Law Center’s most significant and influential programs. The lecture series invites leading regulators and policy-makers to share with the Law School and the business community insights into critical issues confronting global financial markets. It was established in 2000 by Morgan, Lewis & Bockius in tribute to the firm’s distinguished partner, Al Sommer, who helped start the firm’s securities regulatory practice more than 35 years ago.