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use both this parameter and , birth_date to display the person's date of birth, date of death, and age at death) --> , death_place = , death_cause = , body_discovered = , resting_place = , resting_place_coordinates = , burial_place = , burial_coordinates = , monuments = , nationality = American , other_names = , citizenship = , education = , alma_mater = *
Radcliffe College Radcliffe College was a women's liberal arts college in Cambridge, Massachusetts, and functioned as the female coordinate institution for the all-male Harvard College. Considered founded in 1879, it was one of the Seven Sisters colleges and h ...
(B.A. 1959) *
New York University School of Law New York University School of Law (NYU Law) is the law school of New York University, a private research university in New York City. Established in 1835, it is the oldest law school in New York City and the oldest surviving law school in New ...
(LL.B. 1962) , occupation = Attorney and law professor , years_active = 1962–present , era = , employer =
Brooklyn Law School Brooklyn Law School (BLS) is a private law school in New York City. Founded in 1901, it has approximately 1,100 students. Brooklyn Law School's faculty includes 60 full-time faculty, 15 emeriti faculty, and a number of adjunct faculty. Brookl ...
, organization = , agent = , known_for = first female
Commissioner A commissioner (commonly abbreviated as Comm'r) is, in principle, a member of a commission or an individual who has been given a commission (official charge or authority to do something). In practice, the title of commissioner has evolved to in ...
of the
Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agencies of the United States government, independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary pu ...
, notable_works = , style = , title = the Centennial Professor of Law, and Co-Director of the Center for the Study of International Business Law , boards =
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed co ...
(1983–89) , signature = , signature_size = , signature_alt = , footnotes = Roberta Sarah Karmel (born May 4, 1937) is an American attorney and the Centennial Professor of Law, and Co-Director of the Center for the Study of International Business Law, at
Brooklyn Law School Brooklyn Law School (BLS) is a private law school in New York City. Founded in 1901, it has approximately 1,100 students. Brooklyn Law School's faculty includes 60 full-time faculty, 15 emeriti faculty, and a number of adjunct faculty. Brookl ...
. She was the first female
Commissioner A commissioner (commonly abbreviated as Comm'r) is, in principle, a member of a commission or an individual who has been given a commission (official charge or authority to do something). In practice, the title of commissioner has evolved to in ...
of the
Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agencies of the United States government, independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary pu ...
.


Early life and education

Karmel was born in Chicago, Illinois, grew up in its
Austin Austin is the capital city of the U.S. state of Texas, as well as the seat and largest city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 11th-most-populous city i ...
neighborhood, and has one sister."Transcript of Interview with Roberta S. Karmel (Feb. 20, 2013; Mar. 28, 2013; July 16, 2013; July 24, 2013; July 30, 2013),"
ABA.
Both of her parents had also been born in Chicago, and her father was a lawyer. She had by her own account a liberal New York Jewish background, which initially made her pro-government intervention in the economy; a sentiment that changed over time. She attended Austin High School, graduating in 1955, and the
University of Michigan , mottoeng = "Arts, Knowledge, Truth" , former_names = Catholepistemiad, or University of Michigania (1817–1821) , budget = $10.3 billion (2021) , endowment = $17 billion (2021)As o ...
in 1955. She received a B.A. from
Radcliffe College Radcliffe College was a women's liberal arts college in Cambridge, Massachusetts, and functioned as the female coordinate institution for the all-male Harvard College. Considered founded in 1879, it was one of the Seven Sisters colleges and h ...
(''
cum laude Latin honors are a system of Latin phrases used in some colleges and universities to indicate the level of distinction with which an academic degree has been earned. The system is primarily used in the United States. It is also used in some Sou ...
''; American History and Literature; 1959). She married her husband Paul Karmel, who has since died, after her sophomore year of college. She earned an LL.B. from
New York University School of Law New York University School of Law (NYU Law) is the law school of New York University, a private research university in New York City. Established in 1835, it is the oldest law school in New York City and the oldest surviving law school in New ...
(''cum laude''; 1962), where she was on the ''
NYU Law Review The ''New York University Law Review'' is a bimonthly general law review covering legal scholarship in all areas, including legal theory and policy, environmental law, legal history, and international law. The journal was established in 1924 as a c ...
''."Roberta S. Karmel,"
SEC.gov.
Her law school class had about 4% women.


Career

Karmel served as an enforcement attorney, Branch Chief, and Assistant Regional Administrator in the
Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is an independent agencies of the United States government, independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. The primary pu ...
's New York Regional Office from 1962–69. She later served as a
Commissioner A commissioner (commonly abbreviated as Comm'r) is, in principle, a member of a commission or an individual who has been given a commission (official charge or authority to do something). In practice, the title of commissioner has evolved to in ...
of the Securities and Exchange Commission from September 1977 – February 1980, and was the first female SEC Commissioner in the SEC's 48-year history. Having been appointed at 40 years of age, she was one of the youngest Commissioners ever appointed. She practiced law in New York City at
Willkie Farr & Gallagher Willkie Farr & Gallagher LLP, commonly known as Willkie, is a white-shoe, international law firm headquartered in New York City. Founded in 1888, the firm specializes in corporate practice and employs approximately 1000 lawyers in 13 offices ac ...
(1969–72),
Rogers & Wells Rogers & Wells was an international law firm founded in New York City in 1873. After several name changes, it was renamed for William P. Rogers and John A. Wells. Firms that merged with it include Dwight, Harris, Koegel & Caskey of New York. ...
(1972–77; 1980–86), and
Kelley Drye & Warren Kelley Drye & Warren LLP is an international law firm founded in 1836 and is one of the oldest firms in the United States. It operates in New York; Washington; Los Angeles; Chicago; Stamford, Connecticut; Parsippany, New Jersey; Houston, Texas; ...
(1987–2002). Karmel was an adjunct professor of law at
Brooklyn Law School Brooklyn Law School (BLS) is a private law school in New York City. Founded in 1901, it has approximately 1,100 students. Brooklyn Law School's faculty includes 60 full-time faculty, 15 emeriti faculty, and a number of adjunct faculty. Brookl ...
from 1973 to 1977 and from 1982 to 1985, and has been a full professor there since 1985. She is Centennial Professor of Law, and Co-Director of the Center for the Study of International Business Law, at Brooklyn Law School. She teaches securities regulation."Roberta S. Karmel,"
aseca, February 24, 2017.
Karmel served as a public director of the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed co ...
from 1983–89, the third woman to serve on its board of directors. She was a
Fulbright Scholar The Fulbright Program, including the Fulbright–Hays Program, is one of several United States Cultural Exchange Programs with the goal of improving intercultural relations, cultural diplomacy, and intercultural competence between the people of ...
in 1991-92. Karmel is a former trustee and Chair of the
Practising Law Institute Practising Law Institute (PLI) is a non-profit continuing legal education (CLE) organization chartered by the Regents of the University of the State of New York. Founded in 1933, the company organizes and provides CLE programs around the world. It ...
. She is Co-Chair of the International Coordinating Committee of the Section of Business Law of the
American Bar Association The American Bar Association (ABA) is a voluntary bar association of lawyers and law students, which is not specific to any jurisdiction in the United States. Founded in 1878, the ABA's most important stated activities are the setting of acade ...
and Chair of the
AALS The Association of American Law Schools (AALS), formed in 1900, is a non-profit organization of 176 law schools in the United States. An additional 19 schools pay a fee to receive services but are not members. AALS incorporated as a 501(c)(3) non ...
Section on Securities Regulation. She is a member of the Advisory Committee on
capital markets A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold, in contrast to a money market where short-term debt is bought and sold. Capital markets channel the wealth of savers t ...
law to
Unidroit UNIDROIT (formally, the International Institute for the Unification of Private Law; French: ''Institut international pour l'unification du droit privé'') is an intergovernmental organization whose objective is to harmonize international priva ...
, a member of the
American Law Institute The American Law Institute (ALI) is a research and advocacy group of judges, lawyers, and legal scholars established in 1923 to promote the clarification and simplification of United States common law and its adaptation to changing social needs ...
, and a Fellow of the
American Bar Foundation The American Bar Foundation (ABF) is an independent, nonprofit national research institute established in 1952 and located in Chicago. Its mission is to expand knowledge and advance justice by supporting innovative, interdisciplinary and rigorous ...
. Karmel has written 50 articles in books and legal journals, and has written a regular column on securities regulation for the ''
New York Law Journal The ''New York Law Journal'', founded in 1888, is a legal periodical covering the legal profession in New York, United States. Background The newspaper, published Monday through Friday, provides daily coverage of civil and criminal cases from ...
''. Her book entitled ''Regulation by Prosecution: The Securities and Exchange Commission vs. Corporate America'' was published by
Simon and Schuster Simon & Schuster () is an American publishing company and a subsidiary of Paramount Global. It was founded in New York City on January 2, 1924 by Richard L. Simon and M. Lincoln Schuster. As of 2016, Simon & Schuster was the third largest pub ...
in 1982. Her book ''Life at the Center: Reflections on Fifty Years of Securities Regulation'' was published by
Practising Law Institute Practising Law Institute (PLI) is a non-profit continuing legal education (CLE) organization chartered by the Regents of the University of the State of New York. Founded in 1933, the company organizes and provides CLE programs around the world. It ...
in 2014. Karmel has received the William O. Douglas Award from the Association of Securities and Exchange Commission Alumni, the Direct Women Award from the Sandra Day O'Connor Board of Excellence, the Margaret Brent Women Lawyers of Achievement Award from the American Bar Association, and the Albert Nelson Marquis Lifetime Achievement Award from ''
Marquis Who's Who Marquis Who's Who ( or ) is an American publisher of a number of directories containing short biographies. The books usually are entitled ''Who's Who in...'' followed by some subject, such as ''Who's Who in America'', ''Who's Who of American Wome ...
''.


References

{{DEFAULTSORT:Karmel, Roberta University of Michigan alumni New York University School of Law alumni Scholars of securities law New York Stock Exchange people 1937 births Living people Radcliffe College alumni Brooklyn Law School faculty Lawyers from Chicago Members of the U.S. Securities and Exchange Commission Jewish American academics 20th-century American lawyers 21st-century American lawyers Lawyers from New York City Jewish American attorneys 20th-century American women lawyers 21st-century American women lawyers Carter administration personnel Fulbright alumni