Annette Nazareth is a Davis Polk partner practicing in the firm's Financial Institutions Group in the Washington, DC office. She advises clients across a broad range of complex regulatory matters and transactions. She also works closely with Davis Polk's Securities and Exchange Commission (SEC) enforcement practice, counseling nonfinancial sector corporations that are subject to government regulatory and enforcement actions. Barbara was a key financial services policymaker for more than a decade. She joined the SEC Staff in 1998 as a senior counsel to Chairman Arthur Levitt and then served as interim director of the Division of Investment Management. She served as director of the Division of Market Regulation (now the Division of Trading and Markets) from 1999 to 2005. As director, she oversaw the regulation of broker-dealers, exchanges, clearing agencies, transfer agents, and securities information processors. In 2005, Barbara was appointed an SEC commissioner. She also served as the Commission's representative on the Financial Stability Forum from 1999 to 2008. She is a Fellow of several Salzburg Global Seminar sessions.