Prior to founding Kawaller & Co., Mr. Kawaller was the Vice President–Director of the New York office of the Chicago Mercantile Exchange, where he was responsible for promoting financial futures and options to the professional financial community. Before the CME, he held positions at J. Aron & Company, AT&T, and the Board of Governors of the Federal Reserve System.
A prolific author, Mr. Kawaller has been published in Derivatives Quarterly, Derivatives: Tax/Regulation/Finance, The Financial Analysts Journal, The Journal of Derivatives, The Journal of Finance, The Journal of the International Association of Financial Engineers, and Risk Magazine.
Much of his work in recent years has related to aspects of accounting for derivative instruments and hedging activities. In prior years he was a trustee of both the Futures Industry Institute and the Securities Industry Institute and a member of the board of directors of the International Association of Financial Engineers. He was also a member of the Financial Accounting Standards Board’s Derivatives Implementation Group (DIG) and the Government Accounting Standards Board’s Derivative Instrument Task force on Derivatives and Hedging. He currently sits on the board of a public company, Hatteras Financial Corp.
Mr. Kawaller has held adjunct professorships at Columbia University and Polytechnic University. He received a Ph.D. in Economics from Purdue University.