Douglas Shulman | |
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Commissioner of Internal Revenue | |
Incumbent | |
Assumed office March 24, 2008 |
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President | George W. Bush Barack Obama |
Preceded by | Linda Stiff (Acting) |
Personal details | |
Born | 1967 (age 44–45) |
Alma mater | Williams College Harvard University Georgetown University |
Douglas H. Shulman (born 1967) is the U.S. Commissioner of Internal Revenue. His nomination was confirmed by the full U.S. Senate on March 14, 2008[1] and he was sworn in on March 24, 2008.[2] He formerly served as vice chairman of the Financial Industry Regulatory Authority (FINRA) (successor to NASD) and sat on the board at the Depository Trust & Clearing Corporation (DTCC).[3]
Shulman came to NASD in 2000. He directed NASD's efforts to restructure itself as solely a regulator and spin-off its market subsidiaries. He led the negotiations that resulted in the sale of both the NASDAQ Stock Market and the American Stock Exchange. He also oversaw NASD's efforts to become active in the fixed income markets by launching the Trade Reporting and Compliance Engine (TRACE), NASD's real-time corporate bond market regulatory and information system. Another main area of focus was heading the successful effort by NASD to modernize its technology systems.
Before joining NASD, Shulman co-founded and served as Executive Vice President of FoundryOne, Inc., a company focused on building and spinning off technology-focused startups within major corporations. Previously, Shulman was Vice President of Darby Overseas Investments, Ltd. and served as a senior policy advisor and as Chief of Staff for the National Commission on Restructuring the Internal Revenue Service.[4] Shulman began his career as a consultant at A.T. Kearney in New York City.
Shulman holds a Bachelor of Arts degree from Williams College, a Master of Public Administration degree from Harvard University's John F. Kennedy School of Government, and a Juris Doctor degree magna cum laude from Georgetown University Law Center. He graduated from Oakwood High School in 1985. His parents, Jeff and Celia Shulman, live in Oakwood, Ohio (in the Greater Dayton Area).[5]
In an interview with C-SPAN in January 2010, Commissioner Shulman stated, "I use a preparer... I've used one for years. I find it convenient. I find the tax code complex, so I use a preparer.”[6]
Political offices | ||
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Preceded by Linda Stiff Acting |
Commissioner of Internal Revenue 2008–present |
Incumbent |