FacultyFaculty/Author Profile

Daniel M. Gray

U.S. Securities and Exchange Commission
Senior Special Counsel, Division of Trading and Markets
Washington, DC, USA


Mr. Gray is a Senior Special Counsel in the Division of Trading and Markets, U.S. Securities and Exchange Commission.  Since 1999, he has worked on a variety of SEC market structure initiatives.  These include the Research Note on Equity Market Volatility on August 24, 2015, reviews of economic literature on high frequency trading (2014) and market fragmentation (2013), the Findings Regarding the Market Events of May 6, 2010, the Concept Release on Equity Market Structure (2010), Regulation NMS (2005), rules requiring disclosure of order execution quality and order routing practices (2001), the Market Fragmentation Concept Release (2000), and the Market Information Concept Release (1999).  He previously worked as an Assistant General Counsel of Ernst & Young LLC, as counsel to SEC Commissioner Philip R. Lochner, Jr., and as an attorney in the Office of Chief Counsel of the Division of Market Regulation.  Mr. Gray graduated in 1983 from Duke Law School.
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