Award will be presented at the C&L Annual Seminar in Orlando on March 21

New York, NY, March 16, 2022 – SIFMA today announced Paul Merolla, retired partner at Murphy & McGonigle, P.C. is the 2022 recipient of the SIFMA Compliance & Legal Society’s Alfred Rauschman Award.

Prior to joining private practice, Mr. Merolla served for over 20 years as a senior in-house counsel within the securities industry – as General Counsel of Instinet Group Incorporated and as senior legal counsel to two global investment banks, Goldman Sachs & Co., Inc. and The Drexel Burnham Lambert Group, Inc.

“On behalf of the C&L Society, it is my pleasure to announce Paul as the recipient of the 2022 Alfred J. Rauschman Award,” said Michelle Oroschakoff, President, SIFMA C&L Society. “Paul is a champion of the legal and compliance profession. We appreciate and applaud his commitment to and passion for the securities industry.”

He is a member and Past President of the SIFMA Compliance and Legal Society. Recognized as a New York Super Lawyer, Mr. Merolla is a graduate of Fordham College and Fordham Law School.

Alfred J. Rauschman was a visionary in the securities industry compliance and legal profession. He was a founder and first president of the SIFMA Compliance & Legal Society. The Alfred J. Rauschman Award is presented by the Society annually to a candidate who has demonstrated significant contributions to the compliance and legal communities, promoted open communications among industry practitioners to share ideas and issues, fostered dialogue and communications with regulators and dedicated their career to the securities industry.

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About SIFMA’s C&L Society

SIFMA’s Compliance & Legal Society is the leading forum for compliance and legal professionals working in the financial services industry. With a rich 50-year history, it provides a unique opportunity for industry leaders and regulators to come together to share information and collaborate with the goal of ensuring our capital markets are the most fair, transparent and ethical in the world.

About SIFMA

SIFMA is the leading trade association for broker-dealers, investment banks and asset managers operating in the U.S. and global capital markets. On behalf of our industry’s one million employees, we advocate on legislation, regulation and business policy affecting retail and institutional investors, equity and fixed income markets and related products and services. We serve as an industry coordinating body to promote fair and orderly markets, informed regulatory compliance, and efficient market operations and resiliency. We also provide a forum for industry policy and professional development.

SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA).