Stephen Selig has had a dynamic role in shaping commodity futures trading laws and in representing the interests of both futures commission merchants and exchanges. Selig played a major role in the formation of the Futures Industry Association, serving as outside counsel in its key formative years. He most recently served as senior counsel to the law firm Brown Raysman Millstein Felder & Steiner, and over the course of his career he served on critical advisory panels and committees both in the legal and regulatory arena. He sat on the Commodity Futures Trading Commission’s Advisory Committee on the Definition of Regulation of Market Instruments, a critical panel that has helped set the framework for U.S. commodity laws. From 1985 through 1988, he chaired the Bar Association of the City of New York’s Committee on Futures Regulation and from 1993 through 1997 he chaired the American Bar Association’s Committee on Derivatives and Futures Law. He has also been a great teacher of commodities law as an adjunct professor at New York University’s School of Law and through his involvement at the Columbia University School of Law’s seminars on derivatives law and regulation.
