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Albrecht Appointed to U.S. Small Business National Advisory Council

William Albrecht University of Iowa economics professor William Albrecht has been appointed to the U.S. Small Business National Advisory Council (NAC).

The NAC consists of 144 business leaders from around the country that provide expert advice, sound ideas and diverse opinions on current small business issues and on the effectiveness of Small Business Administration (SBA) programs. As such, the NAC is a continuing source of private sector advice to the president, the Congress and the SBA.

Members of the NAC are selected from across the nation to represent their region, their state, a particular industry, or a trade association. Albrecht, who was selected for his international business expertise, will represent Iowa, serve a two-year term and attend two meetings a year.

Albrecht is the Justice Professor of International Business, Professor of Economics and director of the Institute for International Business in the Henry B. Tippie College of Business at the University of Iowa. He has visited Asia and Latin America frequently to study the development and regulation of derivatives exchanges. Albrecht served as a commissioner on the U.S. Commodity Futures Trading Commission (CFTC) and then as acting chairman. He has been the chair of the International Organization of Securities Commission (IOSCO) Task Force on Derivatives and the director of the IOSCO Emerging Markets Committee's Derivatives Project. He has served as a consultant for the World Bank and as an adviser to financial institutions and governments in Africa, Asia, Australia and Latin America.


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