Ms. Piracci is a Managing Director at Patomak. She provides Patomak clients with regulatory strategy and compliance solutions, based on nearly two decades of experience as a derivatives and regulatory professional.
Prior to joining Patomak, she led the National Futures Association’s regulatory program overseeing swap dealers under the Dodd-Frank Act, from 2011-2019, including creating NFA’s program. Her work at NFA included hiring and managing a staff of nearly 120 examination, internal audit, operations, risk and quantitative staff that monitored and approved margin models for swap dealers subject to CFTC requirements. She also was responsible for the performance of the program to NFA’s chief executives and Board, as well as the Commissioners and Directors of the CFTC.
Ms. Piracci previously worked at the Federal Reserve Bank of New York, where she was an attorney with a primary focus on orderly liquidation authority and resolution planning under the Dodd-Frank Act, as well as on market and other developments pertaining to OTC derivatives. Prior to joining the Reserve Bank, Ms. Piracci spent nearly a decade advising a range of OTC derivatives market participants, including dealer banks, investment managers and energy firms. The focus of her transactional and advisory work was in the interest rate, commodity and credit derivatives areas, and she acted as deal counsel for structured derivative programs, including cash and synthetic CDOs and CLOs. Ms. Piracci also was an Assistant General Counsel at the International Swaps & Derivatives Association, where she chaired working groups developing market documentation and best practices primarily in the credit derivatives area.
Currently, she serves as an at-large member of the Board of Directors for the Futures Industry Association and a member of the Advisory Board of Hidden Road Partners. She has written a number of articles and has spoken frequently on issues pertaining to OTC derivatives.
Ms. Piracci earned her A.B. from Harvard-Radcliffe College at Harvard University. She received her M.B.A. from the S.C. Johnson Graduate School of Management at Cornell University and her J.D. from Cornell Law School.