NYSE Regulation Inc., which regulates conduct at the New York Stock Exchange, announced on March 4 that its board of directors has selected James Duffy '76, executive vice president and general counsel, to serve as interim chief executive officer. Duffy will temporarily replace Richard Ketchum '75, who will become chief executive of the Financial Industry Regulatory Authority later this month.

"Jim has been a wise counselor to the entire organization and is a great choice to lead NYSE Regulation while the Board continues its deliberative process," Chairman of the Board Shirley Jackson said in a statement. "We are very pleased that Jim is willing and able to step into this role."

Duffy was appointed executive vice president and general counsel of NYSE Regulation in 2006 after serving more than six years as senior vice president and deputy general counsel. Prior to working at NYSE, Duffy spent 10 years as general counsel at the American Stock Exchange. He also spent several years at GTE Corp in Stamford, Connecticut, and was a corporate lawyer in private practice in New York.