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Professor Nitzan Shilon Undertakes Prestigious Appointment as Commissioner of Israel Securities Authority

Professor Nitzan Shilon has been appointed by Israeli Finance Minister Moshe Kahlon to serve as a Commissioner of the Israel Securities Authority (“ISA”), the Israeli equivalent of the U.S. Securities and Exchange Commission (“SEC”). Professor Shilon is one of eleven Commissioners on ISA’s Board of Governors; he is a member of ISA’s Stock Exchange Committee and the Investment Advisors Committee.

The Israel Securities Authority was established under the Securities Law of 1968. The principal purpose of ISA is to protect the interests of the investing public. ISA has primary responsibility over five functional areas: (i) granting permission for corporations and mutual funds to publish prospectuses; (ii) assuring that the Tel-Aviv Stock Exchange (“TASE”) is managed appropriately and fairly; (iii) regulating and monitoring the activity of the mutual funds industry; (iv) investigating violations of the Securities Law; and (v) promoting the development of market structures and the diversity of financial products.

Professor’s Shilon’s appointment as Commissioner of ISA is a reflection of his growing prominence as a legal scholar and economist. His research examines issues of corporate law and financial law, with a focus on emerging trends in executive compensation and corporate governance, and has been published in leading academic journals and featured in major international news sources including, most recently, a special feature in Reuters Money. Professor Shilon teaches courses in business associations, corporate finance, and corporate law and policy in STL’s innovative dual degree China Law/Common Law curriculum. He earned his S.J.D. and LL.M. from Harvard Law School and his B.A. and M.A. from Tel Aviv University School of Economics. Before embarking on his academic career, Professor Shilon practiced corporate law in leading international law firms in New York and Israel.

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