Latin American Capital Markets

ABOUTTHE AUTHORS xiiiDerek West is director of Strategic Planning and Business Development at the NationalFutures Association. He develops business opportunities related to regulatoryprograms and services intended to ensure marketplace integrity, protect market participants,and help members of self-regulatory organizations and other market participantsmeet their regulatory responsibilities. He holds a degree from the University ofOttawa, Canada.Georg Wfttf'ch has been president of the Bundesaufsichtsamt fur den Wertpapierhandel(BAWe) since October 1994. He represents the BAWe at several committeesof the International Organization of Securities Commissions (IOSCO), and waselected vice-chairman of the Technical Committee of IOSCO for 1996 and 1997. Hestudied law at the University of Kiel, University of Freiburg, and University of Munich,Germany, as well as at the £cole Nationale d'Administration in Paris, France.Karen K. Wuertz is a senior vice president with the Strategic Planning and Developmentof National Futures Association. She is licensed as a certified public accountantin the state of Illinois and holds a master's degree in management from KelloggGraduate School of Management at Northwestern University and a bachelor ofscience degree in accounting from the University of Illinois.Copyright © by the Inter-American Development Bank. All rights reserved.For more information visit our website: www.iadb.org/pub