By Megan R. Wilson - 06/25/13 02:05 PM EDT
Fulbright & Jaworski has not actively lobbied the federal government since 2010, Lobbying Disclosure Act documents show. When the firm was registered to lobby, it represented a swath of oil and gas companies.
Arbit joined the CFTC in 1996, and in April became one of several top attorneys to leave the agency this year, Bloomberg reported. He had been in charge of communicating and providing “technical assistance” to officials at the Treasury Department and members of Congress.
During his tenure at the CFTC, Arbit also served as counsel to the CFTC’s chairman and helped drive the regulator’s priorities. In the 1990s, he spent five years an attorney at the Federal Deposit Insurance Corporation.
Arbit said he is “excited” to advise the global firm’s clients during a “time of substantial change in the financial regulatory landscape around the world.”
“Our clients have a growing need for regulatory and investigations work, and Terry will be able to share unique insight in providing solutions to their issues,” says Stephen McNabb, the partner-in-charge of Norton Rose Fulbright’s Washington office, in a statement.
The firm employs more than 3,800 attorneys in upward of 50 cities located worldwide.
“Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity,” the firm says.