David S. Ruder is the William W. Gurley Memorial Professor of Law Emeritus at Northwestern University School of Law in Chicago. He served as Dean of the School from 1977 to 1985. From 1987 to 1989 he served as Chairman of the United States Securities and Exchange Commission.
From 2010 to 2012 Professor Ruder served as a member of the Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues. From 2002 to 2010 he served as the founding Chairman of the Mutual Fund Directors Forum, a not-for-profit organization devoted to educating independent mutual fund directors. From 2003 to 2009 he was a member of the Advisory Council of the Public Company Accounting Oversight Board. From 1999 to 2004, he served as the founding Chairman of the Board of Trustees of the Securities and Exchange Commission Historical Society.
From 2000 to 2005, Professor Ruder served as a Trustee of the International Accounting Standards Committee Foundation, now called the International Financial Reporting Standards Foundation, which oversees the International Accounting Standards Board (IASB). From 1996 to 2002 he served as a Trustee of the Financial Accounting Foundation, which oversees the Financial Accounting Standards Board (FASB). From 1990 to 1993 Professor Ruder was a member of the Board of Governors of the National Association of Securities Dealers, Inc. From 1972 to 1980 he served as a Consultant to the American Law Institute’s Federal Securities Code Project.
Professor Ruder has been a member of the faculty at Northwestern University School of Law since 1961. At Northwestern he serves as a member of the planning committees for three annual securities and corporate continuing legal education programs, the Corporate Counsel Institute (Chicago), the Securities Regulation Institute (San Diego), and the Ray Garrett Jr. Corporate and Securities Law Institute (Chicago).
Professor Ruder received a bachelor’s degree, cum laude, in 1951 from Williams College, and his law degree with honors in 1957 from the University of Wisconsin. He is a member of Phi Beta Kappa and the Order of the Coif. He has practiced law as an associate at Quarles & Brady (Milwaukee), of counsel at Schiff Hardin (Chicago), and as partner and senior counsel at Baker & McKenzie (Chicago).