Securities Investor Protection Corporation (SIPC)
Acting Chair (March 2012 to present); Vice Chair (February 2010 - February 2012). Ms. Bowen was confirmed by the United States Senate and appointed by President Obama on February 12, 2010 to serve as Vice Chair of the Securities Investor Protection Corporation (SIPC). She assumed the role of Acting Chair in March 2012. Ms. Bowen serves on the Audit and Compensation Committees. SIPC was created under the Securities Investor Protection Act of 1970 to protect customers against certain types of losses resulting from the failure of a broker-dealer. Since its creation through the end of 2013, SIPC has advanced $2.1 billion in order to make possible the distribution of $120.7 billion of cash and securities to approximately 770,000 investors.
Latham & Watkins LLP
Ms. Bowen is a corporate partner in the New York office of Latham & Watkins LLP, a law firm with more than 2,000 lawyers in 32 offices across the globe. Ms. Bowen’s broad and diverse corporate and transactional practice of almost 32 years began in 1982 when she started her career as an associate at Davis Polk & Wardwell. She joined Latham as a senior corporate associate in the summer of 1988 and became a partner January 1991.
Ms. Bowen’s practice has included corporate, finance and securities transactions for large global corporations and financial institutions, including mergers and acquisitions, private equity, securities
offerings, strategic alliances, corporate restructurings, leveraged finance, securitizations, distressed debt and asset acquisitions and venture capital financings. She also has experience with matters regarding corporate governance, Sarbanes-Oxley and Dodd-Frank.
Ms. Bowen has served in several leadership positions in her firm, including co-chair of the Diversity Committee, co-chair of the Diversity Hiring Subcommittee and co-founder and head of Latham’s
Women Enriching Business (WEB) Task Force, whose mission is to create broader networks and productive business development relationships for women. She has been involved in numerous pro
bono, education, diversity and civic matters throughout her career and has received numerous awards in recognition of her contributions.
Nominee, Commissioner of the Commodity Futures Trading Commission (CFTC)
Ms. Bowen was nominated by President Obama on January 7, 2014 to serve as Commissioner of the CFTC, pending confirmation by the United States Senate. The mission of the CFTC is to protect market participants and the public from fraud, manipulation, abusive practices and systemic risks related to derivatives. In the aftermath of the 2008 financial crisis, President Obama and Congress charged the CFTC with reforming the unregulated swaps market with regulatory oversight of the over $400 trillion swaps market.
Davis, Polk & Wardwell
Corporate Associate in the New York office, 1982-1988
Represented major corporations, investment banks and commercial banks on numerous transactions, including representations on the largest financial underwritings and leveraged-buyouts at the time.
Chicago Board of Trade. Summer Intern, 1980
Goldman Sachs & Co. Summer Intern, 1979
- UrbanAmerica, Inc., a large private REIT (1992 to present)
- New York Lawyers for the Public Interest (Chair 2004 to 2006); Executive Committee (1995 to 2011), Board member (1992 to 2010) and Emeritus Board member (2010 to 2014)
- Chair of the Northwestern University Law Board (2008 to 2010); First Vice Chair (2006 to 2008) Executive Committee (2000 to 2011) and Board member (1998 to present)
- Executive Committee (2005 to 2014), Corporate Governance Committee (2007 to 2014) and Board member of the Economic Development Corporation of the City of New York (2002 to 2014)
Bar Association Leadership Roles
- Bar Association of the City of New York prior leadership roles: Committee on Corporations (extensive involvement in drafting of LLC statute of New York); Committee on Recruitment and Retention; Committee on Professional Responsibility (involvement in changes in code of ethics of New York Bar)
- New York State Bar prior leadership roles: Committee on Minorities in the Profession; House of Delegates
- The American Bar Association prior leadership roles: House of Delegates and Conference of Minority Partners at Majority Firms; ABA Fellow
- 2013 National Association of Corporate Directors, Directorship 100, honoring the most influential people in Corporate Governance and the Boardroom
- New York State Bar Association 2011 Diversity Trailblazer Award
- The Leadership Institute for Women of Color Attorneys, Inc. 2011 Breaking the Glass Ceiling Award
- National Organization of Women New York City Women of Power & Influence Award 2010
- ABA DirectWomen Institute Class of 2008
- Metropolitan Black Bar Association’s 2006 “Lawyer of the Year”
- New York City Bar Association’s 2007 Diversity Champion
- Practicing Attorneys for Law Students, Inc. (PALS) 2009 Service Award
- Whitney M. Young, Jr. 2007 Service Award from the Greater New York Councils of the Boy Scouts of America
- One of America's top Black lawyers selected by Black Enterprise Magazine.
- Association of Black Women Attorneys’ 2005 Ruth Whitehead Whaley Professional Achievement Award
- PENCIL 2004 Partnership Award given to businesses, individuals and principals who have demonstrated outstanding commitment to New York City public schools
- Kellogg School of Management, MBA, 1982
- Northwestern University, JD, 1982 (Managing Editor, The Northwestern Journal of International Law and Business)
- University of Virginia, BA, Economics, 1978, with distinction